The online marketplace is paying $275 million in cash for the music seller, which will continue as a standalone company.
The e-commerce giant joins rival Tencent in becoming a major CICC shareholder as both firms eye opportunities in fintech.
The grocery store operator and the drugstore chain are combining to create a retailer with 4,350 pharmacy counters and $83 billion in annual revenue.
The bookseller's Q1 loss narrowed to $10.8 million but it continues to struggle amid Amazon's dominance of the book industry.
“For a little while, [Target] seemed to have lost its way but now appears to be getting back into that 'Tar-jay' mode."
The company was expected to benefit from rivals' bankruptcies but same-store sales rose only 0.1%, well below analysts' estimates.
Comp sales were up at all Walmart's retail formats though analysts are wondering when sales growth will translate into earnings growth.
The deal opens up a new beauty products distribution channel for Coty as it seeks to reduce its dependence on fragrances.
A majority of consumers surveyed say they are likely to spend more and sooner on holiday shopping than in 2015.
The reduced forecast for 2017 reflects an increase in capital spending to $5.1 billion as FedEx tries to keep pace with ecommerce growth.
As the Chinese Internet giant gears up for its IPO, managers of a new subsidiary discover accounting irregularities.
Online lenders with access to reams of e-commerce data are using it to provide working capital to some small and midsize borrowers.
