Walmart (WMT) Launches of 'Walmart+' Across U.S.

Walmart's Flipkart to hire 70,000 in India ahead of big shopping event

September 15, 2020 4:40 AM EDT

BENGALURU (Reuters) - Walmart Inc's (NYSE: WMT) Flipkart said on Tuesday it would create 70,000 new jobs and employ many more as delivery partners and in other roles as it prepares for a surge in online shopping during the busy Indian festive season.

Flipkart, Amazon.com Inc's (NASDAQ:... More

British home working drives 5.3% August grocery sales growth: Nielsen

September 15, 2020 3:04 AM EDT

LONDON (Reuters) - British grocery sales rose by 5.3% year-on-year in the four weeks to Sept. 5, boosted by households working from home during the coronavirus pandemic, industry data on Tuesday showed.

Market researcher Nielsen said, however, that the growth was down from 7% in last month's report, adding that supermarkets... More

America's wealthy likely to power pandemic-hit U.S. holiday sales: Deloitte

September 15, 2020 12:10 AM EDT

(Reuters) - The wealthy in America are expected to splurge online for gifts and home decorations this holiday season, even as the COVID-19 pandemic erodes sales growth to the slowest in at least a decade, according to a forecast from Deloitte.

U.S. retail sales are expected to inch up 1% to 1.5% to as much as $1.15 trillion between November and January, led by a 25% to 35% rise in e-commerce sales, the consultancy firm said.

While the overall... More

TikTok to Also Partner with Walmart (WMT) in E-Commerce : Caixin - Bloomberg

September 14, 2020 11:04 AM EDT

TikTok to Also Partner with Walmart (NYSE: WMT) in E-Commerce : Caixin - Bloomberg

... More

Pre-Open Stock Movers 09/14: (IMMU) (SGMS) (NVDA) Higher; (GILD) (MGM) (WMT) Lower (more...)

September 14, 2020 9:30 AM EDT

Pre-Open Stock Movers

Cassava Sciences, Inc. (Nasdaq: SAVA) 117% HIGHER; announced final results of a Phase 2b study with its lead drug candidate, sumifilam, in Alzheimers disease. In a clinical study funded by the National Institutes of Health (NIH), sumifilam significantly improved an entire panel of validated biomarkers of disease in patients with Alzheimers disease. The ability to improve multiple biomarkers from distinct biological pathways with one drug has never been shown before in patients with Alzheimers disease. Study results are expected to be published in a... More

TikTok Pushing Forward with Deal to Meet Looming Deadline - Bloomberg

September 11, 2020 3:59 PM EDT

(Updated - September 11, 2020 4:01, 4:05 PM EDT)

TikTok is pushing forward with plans for a sale of its U.S. operations, according to a report from Bloomberg, citing sources. TikTok intends to bring a proposal to the White House by the Sept. 20 deadline.

The app owner, ByteDance, is still... More