Walmart Gets Big Sales Boost From E-Commerce
"Walmart is now a major competitive force in e-commerce and is capable of capturing shopper share from Amazon and others.”
Amazon Profit Doubles to Record $3.6B in Q1
The company "has entered a new era with comparatively sluggish sales growth, but a consistently profitable business.”
Don’t Break Up Big Tech Firms: Former Antitrust Regulator
Calls for regulating companies like Amazon, Facebook, and Google out of existence are misguided, says Canada's former competition commissioner.
Ford Names Ex-Amazon Exec Tim Stone as CFO
The appointment of Stone to replace Bob Shanks "demonstrates Ford’s continuing transformation to a new age auto company."
Where Should Companies Plant Their Stakes?
New York remains the most attractive city in the world for doing business, but San Francisco is on track to surpass it in the future: Global Cities Report.
Amazon Posts Record Earnings But Stock Falls
“The question for investors now is if Amazon can grow profits fast enough to make up for slowing revenue growth."
Retailers’ Financial Cycle Times: The Hare Beats the Tortoise
A new ranking of corporate speed and agility shows why some brick-and-mortar retailers, especially Macy's, are ailing.
Mastercard SpendingPulse: Retail Sales Grew at Strongest Rate in Six Years
Retail sales topped over $850 billion this holiday season as shoppers were encouraged by a robust economy and early discounts.
Another Amazon Finance Exec Leaves for a CFO Post
Finance VP Jason Wornick joins online trading platform Robinhood, becoming the third finance leader in the past month to exit the company for a CFO role.
Amex, Amazon Rolling Out Small-Biz Credit Card
Amazon Prime members can choose between a 90-day interest-free period and 5% cash back.