Walmart takes on Amazon with next-day delivery

NEW YORK (AP) — Walmart is rolling out next-day delivery on its most popular items, increasing the stakes in the retail shipping wars. The nation’s largest retailer WMT, -1.98% said Tuesday it’s been building a network of more efficient e-commerce distribution centers to make that happen. The next-day service will cover 220,000 popular items from diapers and non-perishable food items […]

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SeaWorld looks to Big Bird for help, Lyft drives toward earnings debut

SeaWorld Entertainment Inc. struggled to grow attendance at the start of the year, but hopes Big Bird can help. The theme-park company saw a 3.6% uptick in attendance to start the year, the slowest rate of increase since 2017, as the company dealt with colder-than-usual weather in California and the shift of some schools’ spring vacations into April. These factors […]

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Jetliner in Russia lands engulfed in flames, death toll rises to 41

A fiery airliner accident at Moscow’s Sheremetyevo Airport killed 41 people, a spokeswoman for Russia’s Investigative Committee said. The death toll from Sunday evening’s accident was announced at a briefing early Monday by committee spokeswoman Elena Markovskaya, who said 37 people survived. Originally, they said 13 had died. The Sukhoi SSJ100 operated by national airline Aeroflot had 73 passengers and […]

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Fitbit stock gains after topping earnings and revenue expectations

Fitbit Inc. topped expectations with its first-quarter results on Wednesday, while delivering a mixed outlook for the current period. The company reported a net loss of $80 million, or 31 cents a share, compared with a loss of $81 million, or 34 cents a share, a year earlier. The company posted an adjusted loss per share of 15 cents, compared […]

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Apple deal doesn’t solve Qualcomm’s problems

Two weeks ago, investors cheered when Qualcomm Inc. and Apple Inc. settled their patent and royalty mega-feud just as a trial was starting. On Wednesday, when Qualcomm QCOM, +0.28% reported its fiscal second-quarter results, those investors were reminded that the nice, big settlement from Apple AAPL, +4.91% isn’t going to change the chip company’s underlying issues with its core business. Qualcomm’s stock […]

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Maruti, Hyundai April sales decline

Honda Cars posts 23% increase in domestic sales Maruti Suzuki, the country’s largest car maker, on Wednesday reported a 17.2% decline in sales to 1,43,245 units in April. It sold 1,72,986 units in April last year. Domestic sales declined by 18.7% to 1,34,068 units last month (1,64,978). Sales of mini cars, comprising Alto, declined by 39.8% to 22,766 units (37,794). […]

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