Costco shares fell in afterhours trading after the company saw total revenue fall slightly shy of Wall Street estimates while e-commerce sales tumbled 9.6%.
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Amazon Offering Prescription Service for Prime Members
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Stocks Drift on Wall Street as Earnings Reports Rev Up
Wall Street's major stock indexes closed mixed Tuesday, as more big companies delivered their financial results for the last three months of 2022 amid lingering concerns about a potential recession.
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Inflation hit a 40-year high last year, and while inflation has slowed and even declined in recent months, consumers are still shelling out more than usual for their groceries.
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3M, maker of Post-it notes, industrial coatings and ceramics, is cutting about 2,500 manufacturing jobs worldwide as it looks to align itself with adjusted production volumes.
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Automakers Drive Toward Customization in Electric Car Overhaul
Getty Images stock photo.
Tax Season Kicks Off
Tax season is here and the IRS will begin accepting and processing returns Monday.
