Amazon says it is getting even more packages to customers in one day or sooner, a metric the e-retailer is promoting to customers…
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Business
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Business
Walmart launches new grocery brand as it tries to hang on to inflation-fueled growth
by adminWalmart is debuting a new grocery brand, as the discounter tries to retain the shoppers it has attracted during a period of high…
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Business
Paramount says CEO Bob Bakish is stepping down, will be replaced by a trio of executives
by adminParamount Global CEO Bob Bakish is stepping down, the company announced Monday, as merger negotiations with Skydance Media continue. Bakish climbed the corporate ladder…
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Walmart will close all 51 of its doctor-staffed health clinics as part of an announcement that its Walmart Health initiative is shutting…
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McDonald’s reported mixed quarterly results Tuesday as its reorganization weighed on its profit and boycotts hurt its Middle Eastern sales. The company also continues to…
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Paramount Global and Skydance Media are making progress on a deal that would merge the media companies and buy out controlling shareholder Shari…
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The wealth gap between rich millennials and the rest of their age group is the largest of any generation, creating a new…
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Business
JPMorgan CEO Jamie Dimon hopes for soft landing for U.S. economy but says stagflation is possible
by adminJPMorgan Chase CEO Jamie Dimon says he’s hopeful the Federal Reserve can bring down inflation without causing a recession but wouldn’t rule…
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Business
Intel used to dominate the U.S. chip industry. Now it’s struggling to stay relevant.
by adminIntel’s long-awaited turnaround looks farther away than ever after the company reported dismal first-quarter earnings. Investors pushed the shares down 10% on Friday…
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The Biden administration plans to require that all new cars and trucks come with pedestrian-collision avoidance systems that include automatic emergency braking…