• New Details of Amazon, Berkshire Hathaway, JPMorgan Health Venture Emerge in Court Testimony

    The health-care joint venture is looking at how to redesign health insurance, among other efforts, according to newly unsealed court testimony from an executive at the health startup.

  • Payless ShoeSource files for bankruptcy, will close North American stores

    Payless ShoeSource, a once-popular seller of inexpensive women's footwear and a staple in many suburban shopping malls, has filed for Chapter 11 bankruptcy protection and is shuttering its remaining stores in North America. The filing on Monday came a day after the shoe chain began holding going-out-of-business sales at its North American stores. The company operates 260 stores in California, of which 32 are in the Bay Area. It also plans to wind down its online offerings. The company said in a...

  • Walmart (WMT) Has Found a Winning Formula

    Walmart's fourth-quarter results show strong brick-and-mortar performance, still-explosive e-commerce expansion, giving a boost to the growth prospects for WMT stock.
  • Pentagon Cloud-Computing Contract Sought by Amazon Faces New Hurdle

    A federal judge delayed a lawsuit over a massive Pentagon cloud-computing contract was favored to win while the government continues to investigate possible conflicts of interest in the procurement process.

  • Walmart Posts Strong Holiday Sales Gains in U.S.

    Walmart’s profit and sales rose over the winter holidays, a sign that the retail giant lured shoppers from rivals and that Americans continued to spend freely amid mixed economic signals.

  • How Amazon Will Grow Without a New York HQ2

    For Amazon, walking away from the New York HQ2 deal is unlikely to either slow its ascent or stop its hiring there. Beyond its Arlington, Va., HQ2, Amazon plans to boost hiring in 17 other cities in the U.S. and Canada it considers technology hubs—including New York.