Just months after giving raises to half a million US workers, Walmart says its profits have taken a major hit.
Americans are choosing dogs over babies—and that’s been good news for pet retailers banking on the ”humanization” of animals.
That was fast.
Goldman Sachs is going mainstream.
Tinder co-founder Sean Rad is back on top.
China’s slowdown is weighing down Alibaba, an economic bellwether that is the country’s biggest e-commerce company. Its shares fell 8% in early trading after the company reported its lowest quarterly revenue growth in three years, missing analyst estimates.
US presidential elections have a way of forcing much-needed policy discussions. And reforming the way we pay for college and tackling the $1.2 trillion student debt load is shaping up to be one of the most important issues in the 2016 race—particularly among the pivotal group of younger voters.
As US retail traffic and consumer spending floundered well past the recession, drugstore chain CVS faced a choice: It could either expand the front part of its store and go deeper into the retail products that defined its original 1963 name ‘Community Value Store,’ or build up the back, which housed its pharmacy and health-care business.
Gendered fashion is on the way out. Fashion designers are mixing menswear and womenswear on the runway. Parents are pushing for genderless clothing that allows little girls to, say, wear science-themed t-shirts instead of princess dresses. And Quartz fashion writers are asking: ”Sex and gender aren’t perfectly binary. Why should clothes be?”
It’s the end of an era. Verizon said on Friday it would kill service contracts and the phone subsidies that came with them, winding down a decades-long pricing structure that tied consumers to their phone providers and determined how they paid for their smartphones.
Could a partnership between electric carmaker Tesla Motors and ride-sharing company Uber be in the making?
Tesla Motor CEO Elon Musk said the electric carmaker plans to release its much-anticipated SUV in September but warned deliveries could lag if it runs into production problems.
American CEOs are about to face even more scrutiny over how much they get paid in relation to their employees.
This post has been updated.
The pharma deals just keep rolling along.
The days of sharing your Amazon Prime account with your entire extended family are coming to an end.
Procter & Gamble announced Tuesday (July 28) it has a new CEO. It’s tapped 35-year veteran David Taylor to turn around the struggling maker of Tide detergent and Gillette razorblades.
Nike and Apple have agreed to a $2.4 million settlement over claims the Nike+ FuelBand failed to accurately track calories burned by the fitness tracker’s users.
The battle to control the way we pay for things just got a little more serious.
Pandora listeners are now hearing as many as seven advertisements an hour as the music streaming service tries to boost its ad revenue.
The retail king has lost its crown.
New York City mayor Bill de Blasio has dropped his plan to cap the number of new Uber drivers in New York City, after a media onslaught from the aggressive start-up.
There is a dark side to internet-connected cars.
From truck drivers to toymakers, companies around North America are still reeling from the ripple effects of Target’s mega failure in Canada.
