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U.S. markets news

Walmart's Online Sales Come Under Pressure
Walmart posted a profit of $2.18 billion, or 73 cents a share, compared to a profit of $3.76 billion a yer ago. Photo: Elise Amendola/Associated Press.
Walmart earnings miss estimates as e-commerce growth wanes, shares tumble  CNBC
Walmart's online sales growth has sharply slowed — and it highlights a ...  Business Insider
U.S. News & World Report  
Albertsons Scoops Up Remainder of Rite Aid as Retailers Face Online Threat
The transaction would create a company with revenue of $83 billion and allow Albertsons to go public. Photo: Getty Images. By. Heather Haddon.
Albertsons and Rite Aid plan merger that creates a US supermarket and ...  USA TODAY
Term Sheet -- Tuesday, February 20  Fortune
Union workers want Disney to pay their $1000 tax cut bonuses
Unions representing about 35,000 Disney World workers say Disney is refusing to pay their members $1,000 tax cut bonuses. Disney (DIS) announced the $1,000 bonuses last month for 125,000 U.S.
Disney unions file federal complaint over promised bonuses  The Bellingham Herald
Disney Unions File Federal Complaint for 'Hostage' $1K Bonus  U.S. News & World Report
Dow slides more than 200 points as Walmart shares tank 9%
As of 10:35 a.m. ET, the 30-stock index had pulled back 215 points. Walmart was by far the biggest decliner in the Dow, shedding more than 9 percent.
S&P, Dow falter after six days of gains as Walmart weighs  Reuters
Stocks slip as rates rise; Walmart -9%  Seeking Alpha
Qualcomm now plans to close the NXP acquisition for $44 billion as quickly as ...
Qualcomm, Broadcom and NXP are on a boat. Broadcom wants to acquire Qualcomm, Qualcomm wants to acquire NXP. While Qualcomm has planned on buying NXP for over a year, NXP shareholders were a bit disappointed by Qualcomm's initial price.
Qualcomm, Moving to Fend Off Broadcom, Raises Bid for NXP to $44 Billion  New York Times
Qualcomm raises bid for NXP Semiconductors to about $43.22B  USA TODAY
KFC says stores are starting to reopen
KFC says some of the outlets which had to close when delivery problems meant they ran out of chicken have reopened. Latest figures show that 470 of the fast-food chain's 900 outlets in its UK-based division were shut as of 13:00 on Tuesday.
KFCs Shut Around Britain After Chicken Shortage  Bloomberg
KFC was warned about switching UK delivery contractor, union says  The Guardian
Amazon uses cash back benefits to entice Prime members to Whole Foods
Amazon's latest grocery push focuses on enticing Prime members to shop at Whole Foods with cash back. Amazon announced that Prime members using the company's Rewards Visa card will now get 5 percent back on Whole Foods purchases.
Amazon's latest Prime perk: 5% cash back at Whole Foods  CNNMoney
Amazon Just Announced a New Whole Foods Perk for Some Users  Fortune
US Treasury yields rise as inflation fears linger; 2-year yield hits 2008 high
Global yields jumped after Germany reported that the country's producer prices came in hotter than anticipated last month. The U.S.
Dollar Rises With Treasury Yields; Stocks Struggle: Markets Wrap  Bloomberg
Dollar climbs as Treasury yields resume rise  MarketWatch
South Korean cryptocurrency official found dead at home, reports say
Jung Ki-joon, head of economic policy coordination at the Office for Government Policy Coordination, was found dead at his home on Sunday, a South Korean news agency reported.
South Korean Cryptocurrency Regulator Found Dead at Home  Wall Street Journal
South Korean cryptocurrency regulator reportedly found dead in home  MarketWatch
Elon Musk Is Back to Digging Tunnels, This Time Under DC
Noted tunnel enthusiast Elon Musk is digging again, this time for hazily defined purposes at an abandoned parking lot near the Bureau of Alcohol, Tobacco, Firearms, and Explosives headquarters building in northeastern Washington, DC, the Washington ...
Elon Musk's Company Gets OK to Dig Washington, DC Hyperloop Tunnel  Live Science
Washington DC has given Elon Musk a permit for his Hyperloop  BGR