Walmart second-quarter results crush estimates, as e-commerce sales jump 97%

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Walmart second-quarter results crush estimates, as e-commerce sales jump 97%

Walmart’s e-commerce sales in the U.S. shot up by 97% as customers had packages shipped their homes and used curbside pickup. The retailer’s U.S. same-store sales grew by 9.3% in the second quarter, fueled by purchases of food and general …
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Qatar Airways details billion pound cost of Covid

The Covid crisis has cost Qatar Airways more than £900 million in refunds alone since the pandemic grounded flights. TR FB LI. Qatar Airways is flying most of its fleet despite the pandemic. The carrier, owned by the natural gas and oil-rich state, said it had …
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This Expensive Growth Stock Hasn't Peaked Yet

The coronavirus pandemic has accelerated the adoption of telehealth services, and few companies are profiting from the trend more than Teladoc Health (NYSE:TDOC). Year-to-date, its stock is up 124%. The medical care platform provider could be …
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The Flight of the Techies Won't Be the End of Silicon Valley

Hi, this is Laura Bliss from Bloomberg CityLab, the latest addition to the Bloomberg Media family, covering all things cities. Signs of Silicon Valley's
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IPhone Supplier Catcher to Sell China Units for $1.4 Billion

Catcher Technology Co., a key provider of metal frames for iPhones, has agreed to sell two businesses in China to Lens Technology Co., joining a cohort of Taiwanese companies in diversifying away from the country and adding production capacities …
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