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Friday, November 27, 2020

Bloomberg Shannon Pettypiece

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Wal-Mart sales come up short, even as e-commerce surges

Wal-Mart Stores Inc.'s brick-and-mortar sales fell short of expectations last quarter, even as its acquisition of internet startup Jet.com gave a much-needed jolt to...

Wal-Mart outlook rebuts Target’s view of jittery U.S. shopper

Sorry, Target, but the U.S. consumer isn't the problem.That's the view of Wal-Mart Stores, which boosted its forecast on Thursday following better-than-predicted growth last...

Target cuts annual forecast after sales decline last quarter

Target cut its annual forecast after the retail chain's sales slumped last quarter, hit by what Chief Executive Officer Brian Cornell described as a...

Today

Venezuela judge convicts 6 American oil execs, orders prison

By SCOTT SMITH ASSOCIATED PRESSCARACAS, Venezuela (AP) — Six American oil executives held for three years in Venezuela were found guilty of corruption charges...