Walmart raised its annual profit expectations after reporting strong third-quarter results helped by its grocery business. The results, announced Thursday, offer encouraging news as it heads into the holiday shopping season and offer the latest evidence that Walmart is closing the gap between itself and online leader Amazon.com. Walmart saidRead More →

Shares of Hasbro plunged Tuesday after the company said the trade war is hammering its supply chain and creating confusion among customers for its toys. Hasbro CEO Brian Goldner said they’ve seen multiple dates for the rollout of “List 4” tariffs, which include toys, models and puzzles. Those tariffs, whichRead More →

Netflix’s subscriber growth is bogging down even before the leading video streaming service confronts high-powered threats from Apple and Walt Disney Co. The latest sign of the challenges facing Netflix emerged Wednesday with the release of its third-quarter results. The numbers provided further evidence that Netflix’s salad days may beRead More →