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Business News

Exclusive: Walmart’s grocery delivery partnerships with Uber, Lyft fail to take off

(Reuters) – Walmart Inc’s online grocery delivery partnerships with ride-hailing services Uber and Lyft have ended, according to two sources, a potential setback for the retailer’s ambitions to challenge Amazon.com Inc head-on with speedy delivery of groceries to people’s homes.

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Trading Ideas

Trade of the Day: Chesapeake Energy Corporation Is a Falling Star That Could Rally

Energy stocks have been a big outperformer versus the S&P 500 since mid-March. This is at least in good part due to a rally in the price of oil, which is also putting inflationary pressures back on the table. One falling star stock that has caught my attention as a result is Chesapeake Energy Corporation (NYSE:CHK). …read more […]