Friday, May 25, 2018

Walmart and Target are spending like crazy to stop Amazon

Walmart, Target and Kroger's profit is taking a hit as they fight to reach shoppers online.
CNNMoney Markets Now
 
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News: What you need to know about the markets
 
 
Walmart and Target are spending like crazy to stop Amazon
Walmart, Target and Kroger's profit is taking a hit as they fight to reach shoppers online. Read more »
 
Australian company loses $1 billion on UK retail investment
A badly timed bet on the UK retail sector has left Australia's Wesfarmers with a hefty loss. Read more »
 
Anjali Sud was rejected from dozens of investment banks. Now she's the CEO of Vimeo
The 34-year-old CEO says her early failures led to her success today. Read more »
 
Saudi Arabia: OPEC and Russia to pump more oil 'in the near future'
OPEC and Russia are likely to increase supply to world markets after a meeting of oil producers in June. Read more »
 
Samsonite says it has nothing to hide, but shares plunge again
Samsonite's stock fell more than 12% on Friday, deepening its losses after investment firm Blue Orca accused the company of questionable business practices. Read more »
 
Russian oligarch quits board of his sanctioned aluminum giant
Russian oligarch Oleg Deripaska is distancing himself from his massive aluminum company that's reeling from crippling US sanctions. Read more »
 
 
 
 
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