Online sales at the US retail giant Walmart soared 40% in the last three months helping boost overall sales to $128bn (£101bn). Walmart shares jumped 10% ahead of the opening of the New York stock market. President and chief executive Doug McMillion said: “We’re leveraging stores and e-commerce to make shopping faster and more convenient.” […]

Across the Bay Area, recycling companies are in a crunch to find places overseas where they can sell plastic yogurt cups and junk mail flyers. China had been a big buyer of reclaimed refuse but recently tightened its rules on the products it accepts, requiring the various materials to be rigorously separated and much cleaner […]

ISTANBUL (Reuters) – President Tayyip Erdogan said on Tuesday that Turkey would boycott electronic products from the United States, retaliating in a row with Washington that helped drive the lira to record lows. The lira has lost more than 40 percent this year and crashed to an all-time low of 7.24 to the dollar on […]

U.S. stock indexes fell on Monday as a plummeting Turkish lira weighed on shares of big U.S. lenders, but losses on the Nasdaq were limited by high-flying companies such as Apple and Amazon that hit record highs. The financials .SPSY slipped 0.63 percent as U.S. bank stocks, like its European counterparts, bore the brunt of […]

WASHINGTON  – President Donald Trump backed boycotting American motorcycle manufacturer Harley Davidson Inc (HOG.N) on Sunday, the latest salvo in a dispute between the company and Trump over tariffs on steel. The Wisconsin-based motorcycle manufacturer announced a plan earlier this year to move production of motorcycles for the European Union from the United States to […]

NEW YORK (Reuters) – U.S. stocks slid on Friday as a deepening economic crisis in Turkey dragged on bank shares and triggered a move out of riskier assets. The Dow and S&P 500 posted declines for the week following five straight weeks of gains, but the S&P 500 remains just 1.4 percent below its record […]

After leaving in 2013 to join Tesla, Doug Field has now made his way back to Apple. As noted in a report from Daring Fireball, Field is returning to Apple to work alongside Bob Mansfield on Apple’s Project Titan car team… While Apple confirmed that Field is now back at the company, Apple did not confirm that […]

The Trump administration, as part of a crackdown on certain US investments made by Chinese companies, is set to snatch a majority stake in 850 Third Ave., The Post has learned. The stake is owned by HNA, the deep-in-debt Chinese conglomerate — and its US partner in the building is desperate to save it. The […]

Oracle Corp (ORCL.N) filed a protest on Monday with the U.S. Department of Defense over its plans to award a cloud computing contract that could be worth up to $10 billion to a single company instead of allowing for multiple winners. A sign marks a building housing Oracle offices in Burlington, Massachusetts, U.S., June 21, […]

Tesla boss Elon Musk has suggested via Twitter that he is “considering” taking the electric car firm private. In his tweet, Mr Musk said he could buy outstanding shares in the firm for $420 each, around a fifth higher than the share’s current price. “Funding secured”, the tweet added, offering no further details on where […]