Analysts ring up Walmart stock price target after meeting with executives
It’s the largest retailer in the world, serving nearly 37 million people every day. Yet there’s a man in Florida…
Amazon Prime Day 2024 returns on July 16 and 17
Amazon has officially announced the dates for its next annual shopping event. Amazon Prime Day 2024 will be on July…
McDonald’s $5 Value Meal Intensifies a Fast Food Price War
McDonald’s (MCD) Corp.’s US chief says the company is ready for a fight. And in order to win, the burger…
McDonalds is removing its AI drive-thru voice ordering system from over 100 restaurants after its mishaps went viral
McDonald’s is removing its Automated Order Taker technology from over 100 restaurants. The food chain collaborated with IBM in 2021…
GameStop raises $2.14 billion amid Roaring Kitty-fueled retail trading frenzy
GameStop said on Tuesday it had completed an “at-the-market” equity offering of its shares to raise roughly $2.14 billion in…
Daiwa Securities to Buy Aozora Bank Stake From Activist Fund
Daiwa Securities Group Inc. said it has agreed to buy a stake in Aozora Bank Ltd. from a fund with…
Cargojet enters charter deal for Chinese e-commerce
Cargojet, best known for operating a domestic overnight airfreight network in Canada for Amazon and DHL Express, said Monday it…
GameStop Shares Surge After Gill Post Shows $116 Million Bet
GameStop Corp. shares more than doubled after the Reddit account that drove the meme-stock mania of 2021 posted what appeared…
Amazon in talks with Italy to invest billions of euros in cloud plan
Amazon’s computing unit AWS is in talks with Italy to invest billions of euros in the expansion of its data…
Burberry Debt Soars to £1.1bn Amid End of Tax-Free Shopping
Burberry’s debt pile has more than doubled over the past year as the British fashion house warned shoppers were shunning…