Walmart shares fell roughly 6% in early trading Thursday, as the big-box retailer said profit growth will slow this fiscal year even as sales continue to climb. Walmart said holiday-quarter revenue rose about 4% and e-commerce sales shot up 20% in the U.S., as growth in store pickup and home deliveries and gains with upper-income … Read more
Aerial view of trucks queueing next to the border wall before crossing to the United States at Otay commercial port in Tijuana, Baja California state, Mexico, on Jan. 22, 2025. Guillermo Arias | AFP | Getty Images Industry and corporate leaders are weighing in after U.S. President Donald Trump followed through with his threat to … Read more
A sign is posted in front of the eBay headquarters in San Jose, California. Justin Sullivan | Getty Images Shares of eBay closed up 9% on Wednesday as Meta said it will allow some listings to show up on Facebook Marketplace, its popular platform connecting consumers for local item pickups and more. EBay stock reached … Read more
A Walmart Supercenter in Burbank, California, Nov. 21, 2024. Allen J. Schaben | Los Angeles Times | Getty Images Walmart on Monday confirmed that it’s ending some of its diversity initiatives, removing some LGBTQ-related merchandise from its website and winding down a nonprofit that funded programs for minorities. The nation’s largest employer, which has about … Read more