Wal-Mart Stores Inc. is cutting 400 to 500 jobs at headquarters this week, the latest effort to streamline a retail empire under threat from Amazon.com Inc.
The layoffs will hit the company’s marketing, human resources, merchandising, real estate, logistics and finance divisions, the Bentonville, Arkansas-based chain said. The company is...
Starbucks brewed up its first $6 billion sales quarter ever, though Wall Street analysts weren't waking up to smell the profits.
The Seattle-based coffee chain reported its record-breaking revenues when it released its first-quarter earnings report after the markets closed on Thursday.
“Today, Starbucks has two powerful, independent but complementary engines...
The sphere reflects so much sunlight it can be seen from Earth with the naked eye
ocket Lab is the latest entry to commercial spaceflight, blasting off from New Zealand over the weekend. But along with their rocket and payload of imaging and remote sensing instruments, the company revealed that...
If you keep swatting at a mosquito, will it leave you alone?
Some scientists think so. But it depends.
Some blood meals are worth a mosquito risking its life. But if there’s a more attractive or accepting alternative to feed from, a mosquito may move on to that someone or something...
Connecticut’s economy surged in the three months between July and the end of September, expanding by 3.9 percent, clocking in at a faster rate than the U.S. and New England economies and posting the eighth fastest pace among the 50 states, the U.S. Department of Commerce reported Wednesday.
The state...
Chief Financial Officer Jamie Miller announced that GE is under investigation by the SEC after taking a $6.2 billion charge related to its insurance portfolio.
Investors who were initially positive on General Electric Co. quarterly results on Wednesday, Jan. 24, put renewed pressure on the stock after the disclosure of...
Bank of America is eliminating eBanking accounts this month, transferring their owners into accounts that charge a maintenance fee if they don't maintain a minimum balance or get direct deposit. The move ends a program introduced in 2010 and completes a phaseout begun several years ago, when the bank...
Eight months after taking over as chief executive of Ford Motor, Jim Hackett is still trying to accomplish one of his most important tasks: convincing Wall Street that he has a compelling plan to reinvigorate the automaker.
Mr. Hackett, 62, a former chief executive of the office-furniture supplier Steelcase, has...
Eons ago, the land Down Under wasn't so far away after all.
Rocks recently discovered in Australia bear striking similarities to those found in North America, a study finds. The sandstone sedimentary rocks the scientists uncovered are not "native" to present-day Australia, but instead are common in eastern Canada.
The rocks...
More than 125,000 employees at Walt Disney Company across the globe will each receive a $1,000 cash bonus, the company announced Tuesday.
The company will also invest $50 million to help hourly employees pay for college tuition starting with the upcoming fall semester, company chairman and chief executive officer Robert...
