Americans are going into Walmart stores and they're spending money on its website, pushing the performance of the world's biggest retailer beyond Wall Street expectations during the second-quarter. Revenue for the three months ended July 31 climbed to $123.36 billion, from $120.85 billion, and online sales surged 60 percent.
Official figures show that retail sales in Britain rose by a solid if unspectacular 0.3 percent in July from the month before. The increase was half the rate recorded in June but slightly ahead of market expectations for a 0.2 percent rise.
Early Wednesday morning, Donald Trump posted another controversial tweet . This time, he's picking a fight with e-commerce veteran Amazon.com Amazon is doing great damage to tax paying retailers.
American railroad Union Pacific will lay off 500 managers and 250 other rail employees in an effort to bring down costs, the AP reports. The cuts, expected to take effect by mid-September, will eliminate about 8% of the company's managers.
The shocking white nationalism on display last weekend in Charlottesville, Virginia, is a relapse of an old cancer in America. We've seen the swastikas and "Sieg Heil" salutes before, but rarely on such a scale, and rarely ending in such a horrifying act of domestic terrorism, which left one woman dead and 19 others injured.
Denise Morrison made a statement on Wednesday announcing her resignation, citing President Donald Trump's comments on the white nationalist protests in Charlottesville, Virginia made on Tuesday. "Racism and murder are unequivocally reprehensible and are not morally equivalent to anything else that happened in Charlottesville.
A South Carolina utility has no timeline for re-submitting its plans for bailing on a nuclear power project and recouping billions more from customers. But executives for South Carolina Electric & Gas emphasized Wednesday in a teleconference with financial analysts that the utility's plans haven't changed.
This image shows a banner, top, on the Netflix website defending net neutrality, Wednesday, July 12, 2017. On Wednesday, Netflix joined other tech firms and internet activists in an online show of support for net neutrality, the principle that bars internet service providers from playing favorites with websites and apps.
AP Moller-Maersk said a devastating cyber-attack at the end of June likely cost between $200 million and $300 million after its systems shut down. Port terminals ground to a halt and ships were left floating at sea, although the world's largest container shipping line said it remained "in full control of all vessels throughout the situation and all employees were safe."
Two women injured during the right-wing extremist protest last weekend in Charlottesville, Va., filed a lawsuit on Tuesday seeking damages from the rally's organizer and more than two dozen leaders, groups and websites affiliated with the self-proclaimed alt-right. The suit was filed with the Circuit Court in Charlottesville by Tadrint Washington and her sister Micah Washington, who said they were physically and emotionally injured when a man the police have identified as James Alex Fields Jr. , 20, of Ohio, plowed his Dodge Challenger into a throng of people who were protesting the "Unite the Right" rally on Saturday.
A New York real estate developer caught trying to flee to South America following a fatal car crash in the Hamptons has pleaded guilty to aggravated vehicular homicide and other charges. Sean Ludwick faces a sentence of three to nine years in prison following his plea Tuesday.
Air Berlin Plc filed for insolvency after leading shareholder Etihad Airways PJSC withdrew its financial support, marking the second failure of a major European airline in four months after the Persian Gulf carrier pulled the plug on funding Italy's Alitalia SpA in May. While Air Berlin, which has 8,600 staff, will continue flying with the help of a government loan likely to last it until mid-November, Tuesday's filing puts German jobs at risk weeks before German Chancellor Angela Merkel stands for re-election. Deutsche Lufthansa AG said it may buy parts of its biggest national rival.
For Intel Chief Executive Officer Brian Krzanich the last straw was U.S. President Donald Trump's attack on Merck & Co. CEO Ken Frazier.
The Seattle-based company launched a service Tuesday that lets Prime members in five cities pick up things like snacks, cold drinks or phone chargers within two minutes of ordering them online. Customers need to head over to an Amazon location to collect their order.
The U.S. government may finally embrace digital signatures, now that DocuSign is officially listed as a certified federal technology provider. The electronic contract company announced Tuesday that it is officially certified by the Federal Risk and Authorization Management Program - making it the first and only digital signature tech approved for use across the country.
The luxury handbag maker said profit rose 86 percent to $151.7 million, or 53 cents. Earnings, adjusted for non-recurring gains, came to 50 cents per share.
The man suspected of ramming his car into a crowd here, an attack that authorities said left one person dead and 19 more injured, was denied bail during his first court appearance in a downtown courtroom on Monday. "You are charged with a number of felonies, including murder and malicious wounding," Judge Robert Downer told the man, James Alex Fields, Jr., who was not in the courtroom but was seen on a small video screen sitting with his shoulders slumped in front of a dark cinder block wall and a filing cabinet.