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161.72 -0.78 (-0.48%)
After market: 161.72 0 (0%)
The U.S. Federal Trade Commission filed a lawsuit against Amazon.com that accused the online retail giant of overcharging customers and independent sellers on its platforms as the $1 trillion company sought to illegally maintain monopoly power. *The agency alleged that Amazon had a monopoly in an online superstore market. In 2021, Amazon had 77% of the market, Walmart had 13% and Target 2%.
Costco is an outlier in the larger issue hitting the industry.
Walmart chief financial officer John Rainey told Bank of America that GLP-1 medicines are affecting consumer behavior.
Investors' reactions to the retail stalwart's fourth quarter earnings were somewhat mixed.
Walmart is returning to Roblox, but this time with a virtual world where gamers can discover new virtual items and accessories to personalize their
Walmart rarely backs down from a business idea once its seeds are rooted as deeply as its veterinarian and grooming seeds are.
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Growing dividends can cushion your portfolio's returns in volatile markets.
Walmart Inc. is expanding its offerings of prepaid phone plans with MobileX, a wireless service launched earlier this year by Boost cofounder Peter Adderton. Walmart will be MobileX’s first and exclusive retail partner, the companies said in an announcement Tuesday.
A lawsuit by the U.S. Federal Trade Commission against Amazon.com, expected to be filed as soon as this week, adds to a slew of legal challenges exposing the retail giant to billions of dollars in potential damages. U.S. state and federal courts are grappling with cases relating to competition law that focus on Amazon's pricing practices, fulfillment centers and the company's relationships with major book sellers. California and District of Columbia attorneys general have sued Amazon.com over its product pricing policies, accusing it of unfairly barring merchants from offering lower prices on their own websites or at rivals such as Walmart, Target and Costco.
When it comes to IPOs in 2023, there haven’t been a lot of exciting companies coming to market. Here are three I’d like to see go public.
Police banned gatherings on Tuesday in India's southern technology hub of Bengaluru to deter violence by protesters who oppose sharing river water with a neighbouring state, police officials said. Farmers' groups called the protest, which forced multinational companies such as Walmart and Alphabet's Google to tell employees in the city to work from home, according to internal memos seen by Reuters. "No large public gatherings" will be allowed, said senior police officer K. Santosh Babu, adding that emergency orders had been imposed.
Police banned gatherings on Tuesday in India's southern technology hub of Bengaluru, to deter violence by protesters who oppose the sharing of river waters with a neighbouring state, police officials said. Farmers' groups called the protest, which forced multinational companies such as Walmart and Alphabet's Google to tell employees in the city to work from home, according to internal memos seen by Reuters. "No large public gatherings" will be allowed, said a senior police officer, K. Santosh Babu, adding that emergency orders had been imposed.
The brilliant up-and-coming artist Nevaeh Flowers is mesmerizing the audience with her talent - IssueWire
The man convicted in a mass shooting that killed 23 people and injured 22 at an El Paso Walmart on Aug. 3, 2019, has agreed to pay $5.56 million in restitution to the families, according to court documents filed Monday.
The wholesale giant reports late Tuesday.
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Calls for protests over a longstanding river water sharing dispute between two south Indian states have forced global firms including Walmart and Alphabet's Google to ask employees in Bengaluru to work from home on Tuesday. Farmers and activists have called for a strike in Bengaluru, dubbed India's Silicon Valley, demanding state authorities to refrain from releasing more water from the Cauvery river to the neighbouring state of Tamil Nadu.
Walmart's subscription replenishment program comes 16 years after Amazon unveiled a similar option for its online delivery customers.
The gunman was sentenced to 90 consecutive life sentences earlier this year after killing 23 people at a Walmart near the Texas-Mexico border.