Walmart Inc said on Monday it has hired Scott Eckert to run its investment arm and startup incubator, Store No. 8, whose aim is to expand the retailer’s e-commerce business in partnership with retail startups, venture capitalists and entrepreneurs.
The Federal Trade Commission (FTC) has secured the right to examine how Facebook Inc’s practices affect digital competition, the Wall Street Journal reported on Monday.
In Lorna Greenwood’s London home, there is a shelf lined with travel guides. But the 32-year-old mother and former government employment lawyer has given up flying.
A flight to safe-haven assets pushed U.S. Treasury yields to their lowest levels since September 2017 on Monday, while gold hit a 10-week high.
Chipotle Mexican Grill Inc on Monday estimated a $15 million hit from President Donald Trump’s proposed tariffs on Mexican imports, and said it could cover that by raising burrito prices by around 5 cents.
The S&P 500 and Dow Jones industrials ticked higher on Monday, propped up by healthcare stocks, but steep losses in shares of internet giants Alphabet and Amazon on fears of regulatory risks limited advances and kept the tech-heavy Nasdaq in the red.
Oil prices steadied on Monday, supported by Saudi Arabia’s comments indicating OPEC and its allies would continue to tighten the crude market following deep losses last week.
Mexico can reach an agreement with the United States to resolve a dispute over migration that prompted U.S. President Donald Trump to threaten punitive tariffs, Mexican officials said on Monday as high-level talks were set to begin in Washington.
U.S. stocks slipped on Monday as internet giants Alphabet and Amazon tumbled on regulatory concerns, but hopes that the United States would settle its dispute with Mexico helped limit some losses.
The U.S. Transportation Department on Monday said it has granted tentative approval to a bid by American Airlines Group Inc and Qantas Airways Ltd to operate a joint venture.
Act quick in a crisis, talk simpler all the time, and do not be afraid of faster inflation.
The U.S. Supreme Court on Monday rejected an appeal by Mathew Martoma, a former portfolio manager for billionaire Steven A. Cohen, challenging a conviction for insider trading.
Fiat Chrysler Automobiles NV, and Toyota Motor Corp on Monday posted a rise in U.S. sales in May, as a strong economy and upbeat consumer sentiment fueled demand.
Germany’s Infineon has agreed to buy Silicon Valley-based Cypress Semiconductor for $10 billion, in an expensive move by Europe’s largest chip-maker to expand further in next-generation automobiles and Internet technologies.
The U.S. Supreme Court on Monday agreed to weigh whether managers of a retirement fund for IBM Corp employees that invested in the company’s stock can be sued for failing to disclose that its microelectronics business was overvalued.
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