Amazon.com projected operating income in the current quarter that fell short of analysts’ estimates, worrying investors that the tech giant is spending too much to keep up in the AI arms race.
July 31, 2025Search
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Amazon Gave Prime Shoppers More Time — Walmart Gained Sales
Amazon still dominates the $1.3 trillion e-commerce market in the U.S., capturing about 40 cents of every dollar spent online, and Walmart’s online metrics are growing from a smaller base.
July 24, 2025Walmart Hires Instacart Executive to Lead AI Push
Walmart is hiring an executive from Instacart to accelerate its use of artificial intelligence as one of the world’s largest retailers looks to bolster its competitive edge.
July 23, 2025Grocer C&S Kicks Off $400M Loan Sale to Acquire SpartanNash
C&S Wholesale Grocers is looking to raise $400 million from a leveraged loan sale to help finance its $1.77 billion acquisition of food distributor SpartanNash.
July 23, 2025Amazon Emissions Climb 6% in 2024 on Data Centers, Fuel Use
Amazon.com's carbon emissions rose for the first time in three years in 2024, driven by data center construction and fuel consumption by its delivery providers.
July 16, 2025Performance Food Draws Takeover Interest From US Foods
Performance Food Group has attracted takeover interest from US Foods, a potential deal that would create a food distribution company with combined sales of roughly $100 billion.
July 11, 2025Some Sellers Sit Out Amazon Prime Day Over Tariffs
Amazon’s Prime Day is slamming into President Donald Trump’s trade war, with ever-shifting tariffs prompting some brands to sit out the sale and some shoppers hinting they plan to pull back.
July 8, 2025UPS Plans to Offer Voluntary Buyouts to Union Drivers
UPS plans to offer voluntary buyouts to union-represented delivery drivers for the first time in the company’s history as part of an effort to boost profit by slimming down its operations.
July 3, 2025Analysis Shows Trump’s Tariffs Would Cost Employers $82.3B
An analysis finds that a critical group of U.S. employers would face a direct cost of $82.3 billion from President Donald Trump’s current tariff plans.
July 2, 2025UK Stands by Digital Tax After Canada Bows to Trump Pressure
The U.K. is planning to keep its digital services tax, after Prime Minister Mark Carney scrapped Canada’s levy to restart trade talks with President Donald Trump’s administration.
June 30, 2025