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Amazon’s Jassy: AI Will Reduce Company’s Corporate Workforce

Amazon.com CEO Andy Jassy says he expects the company’s workforce to decline in the next few years as the retail and cloud-computing giant uses artificial intelligence to handle more tasks.

June 17, 2025

Walmart CFO Says Shoppers Remain Focused on Food, Essentials

Walmart said shoppers are still spending about the same as they did a year or two ago, with a focus on food and essentials over discretionary purchases.

June 6, 2025

Walmart Enhances Drone Delivery in Attempt to Speed Up Orders

Walmart is adding drone delivery in five new cities in a bid to expand online sales and get goods to shoppers faster.

June 5, 2025

Walmart Pledges Transparency on Prices After Rebuke From Trump

Walmart said it will continue to communicate the impact of tariffs with investors, consumers and policymakers after President Donald Trump criticized the retailer’s plans to raise prices.

June 5, 2025

Costco Defies Tariff Shifts With Higher Profit, Lower Prices

Costco posted better-than-expected earnings in its 2025 Q3, a sign that the nation’s largest club chain is flexing its scale and devoted following to navigate tariffs and economic turbulence.

June 3, 2025

Dollar General Posts Record Sales as Shoppers Pinch Pennies

Dollar General set a quarterly sales record of $10.44 billion and upgraded its annual profit and sales outlook as Americans tighten their budgets and spend more at bargain stores.

June 3, 2025

JBS Overcomes Backlash to Secure NYSE Debut

The Brazilian company’s reorganization plan that has been years in the making received the votes it needed from minority shareholders at a meeting in Sao Paulo, JBS said in a filing.

May 23, 2025

JBS Vote Spurs SEC Probe Request From Rand Paul

Shareholders in Brazil’s JBS, which has beef, chicken and pork operations stretching from Colorado to New Zealand, will meet on May 23 to vote on the plan to sell shares in New York.

May 19, 2025

Walmart Names Company Veteran to Manage International Growth

Walmart selected a company veteran to fill a newly created role that aims to spark international growth, as the world’s largest retailer looks to bolster its overseas operations.

May 16, 2025