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Walmart deal with Paramount gives members streaming perks

NEW YORK (AP) — Walmart Inc. said Monday it has signed a deal with Paramount Global to offer the entertainment company's streaming service as a perk to subscribers of the discounter's shipping subscri...

Dollar General faces penalties for Georgia store issues

NEW YORK (AP) — Dollar General faces nearly $1.3 million in penalties after government inspectors visited three of the chain's stores in Georgia earlier this year and found worker-safety violations, f...

Peloton cuts jobs, raises prices in bid for profitability

NEW YORK (AP) — Peloton is laying off employees and raising prices for some of its equipment as part of its latest bid to make the business profitable and free up cash. The changes ...

Best Buy trims jobs after it cuts sales and profit outlook

NEW YORK (AP) — Best Buy, the nation's largest consumer electronics chain, is trimming jobs in an effort to adjust to new changes in consumer behavior as the virus wanes. Best Buy de...

US employers add 528,000 jobs; unemployment falls to 3.5%

WASHINGTON (AP) — America’s employers added a stunning 528,000 jobs last month despite raging inflation and anxiety about a possible recession, restoring all of the positions lost in the coronavirus r...

Inflation weighs on back-to-school buying for many families

NEW YORK (AP) — To understand the impact of surging inflation on this year's back-to-school spending, look no further than children's rain boots with motifs like frogs and ladybugs made by Washington ...

Best Buy cuts sales forecast as inflation tempers spending

NEW YORK (AP) — Best Buy, the nation's largest consumer electronics chain, cut its annual sales and profit forecast Wednesday, citing surging inflation that has dampened consumer spending on gadgets. ...

As the online pandemic boom fades, Shopify cuts 1,000 jobs

NEW YORK (AP) — Shopify is cutting 10% of its staff, or about 1,000 employees, as the e-commerce company reckons with an unexpected sales downturn after a pandemic-fueled explosion. ...

Walmart cuts profit outlook as shoppers adapt to inflation

NEW YORK (AP) — Walmart Inc. on Monday lowered its profit outlook for the second quarter and the full year, saying rising prices on food and gas are forcing shoppers to cut back on discretionary items...

China Evergrande CEO, CFO resign amid probe into subsidiary

NEW YORK (AP) — Struggling Chinese real estate developer China Evergrande has announced that its chief executive and chief financial officer have resigned after initial findings in a probe found $2 bi...

T-Mobile settles to pay $350M to customers in data breach

NEW YORK (AP) — T- Mobile has agreed to pay $350 million to customers affected by a class action lawsuit filed after the company disclosed last August that personal data like social security numbers h...

Jay Carney, Amazon's top policy exec, leaves for Airbnb

NEW YORK (AP) — Jay Carney, the top policy and communications executive at Amazon and one-time White House spokesman, has been named the head of policy at Airbnb, marking another high-profile departur...

Abortion ruling thrusts companies into divisive arena

The Supreme Court's decision to end the nation’s constitutional protections for abortion has catapulted businesses of all types into the most divisive corner of politics. Some compan...

Walmart expands health services to address racial inequality

NEW YORK (AP) — Walmart is expanding health care coverage for employees who want to enlist the services of a doula, a person trained to assist women during pregnancies, to address racial inequities in...

Biden, Chevron chief trade sharp words over gas prices

WASHINGTON (AP) — In a pointed back and forth, the head of Chevron complained Tuesday that President Joe Biden has vilified energy firms at a time when gasoline prices are at near record levels and th...