For Cheddar's Generation Trader series, sponsored by E*TRADE, we are going to highlight the most compelling business stories moving the market while utilizing E*TRADE's innovative trading platform. Cheddar Anchors Hope King and Baker Machado explain the factors driving Walmart's growth in the retail space.
Walmart is quietly outperforming the retail sector and the broader market. Walmart acquired Jet.com last year, and e-commerce sites Bonobos and Modcloth in 2017. The company is holding its own against the likes of Amazon.
Amazon and Walmart have both grown more than 40 percent year-to-date. On Wednesday, in a blog post, Walmart CEO Doug McMillon announced the company is changing its corporate name from "Wal-Mart Stores" to "Walmart." McMillon wrote, "changing our corporate name to Walmart is a way of better reflecting our company's path to win the future of retail."
Maks Chmerkovskiy and wife Peta Murgatroyd, of "Dancing With the Stars" fame, are branching out into skincare.
Donald Trump began testifying Monday morning in his civil fraud trial, producing the spectacle of a former president and the leading Republican presidential candidate defending himself against allegations that he dramatically inflated his net worth.
The trial between Google and the maker of the game Fortnite will begin Monday as a San Francisco jury will hear Epic Games' case claiming the Google Play Store takes an unfair commission on purchases made through apps.
One of the most self-made and success stories in the country, Emma Grede, has worked along with the Kardashian Jenner family on many of their best-known brands. Grede, CEO and co-founder of Good American, gave back to the next generation of business leaders as a featured speaker at the Chase for Business Make Your Move summit last week. She spoke with Cheddar News about her career, her company's fashion brand, working with the famous Kardashian-Jennifer family and balancing her own family life.
Berkshire Hathaway, the conglomerate run by businessman Warren Buffett, reported its operating earnings in its most recent quarter jumped more than 40% from a year ago but posted its first net quarterly loss in a year.
Elon Musk's company XaI has announced a new chatbot called Grok.
SAG-AFTRA said over the weekend that it received the studios' last best and final offer following a meeting on Saturday, with the union saying it's reviewing it and considering a response "within the context of the critical issues addressed in our proposals."
Stocks rose slightly as Wall Street looks to continue its momentum with earnings season winding down.
Tyson Foods is recalling about 30,000 of its dino-shaped chicken nuggets after some consumers reported finding small metal pieces in those nuggets.
Google on Monday will try to protect a lucrative piece of its internet empire at the same time it’s still entangled in the biggest U.S. antitrust trial in a quarter century.
