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U.S. markets news

Walmart Stumbles in Shift to Web Selling
Walmart posted a profit of $2.18 billion, or 73 cents a share, compared with a profit of $3.76 billion a year ago. Photo: Elise Amendola/Associated Press.
Dow closes 254 points lower as Walmart posts worst day since January 1988  CNBC
Asian shares gain on rosy Japan data, bucking Wall St losses  Chicago Tribune
Albertsons Is Buying Rite Aid. Walmart's Stock Falls. There's a Common Rival.
The supermarket operator Albertsons said Tuesday morning that it would buy the remnants of the Rite Aid drugstore chain. By the end of the day, Walmart saw its stock drop by more than 10 percent on weak profit.
Albertsons, which owns grocers Vons and Safeway, is buying Rite Aid  Los Angeles Times
Albertsons Might Be Buying a Lemon in Rite Aid  Fortune
AT&T Loses Bid to Obtain White House Call Logs
WASHINGTON - A federal judge blocked AT&T's move to obtain communication logs between the Justice Department and the White House on Tuesday, hampering the phone giant's argument that politics played a role in the government's decision to halt a merger ...
AT&T denied White House logs by judge in Time Warner antitrust suit  USA TODAY
AT&T's attempt to buy Time Warner suffers a blow in court  Ars Technica
Want To Turn $99 Into $658.38? Just Use The Amazon Credit Card At Whole Foods
Phil Lempert , Contributor I cover issues and trends in the food and agriculture sectors. Opinions expressed by Forbes Contributors are their own.
Amazon is wreaking havoc on the grocery industry  Quartz
Amazon Credit Card Adds Whole Foods to 5 Percent Cash Back Offer  U.S. News & World Report
Amazon employees just accidentally dropped a big clue about where the new ...
The site says the views mostly came from what appears to be an internal page. Arlington is part of Northern Virginia's bid for Amazon's second headquarters, dubbed HQ2, and is part of the Washington, DC, metro area, considered a frontrunner ...
An Amazon HQ2 clue? Strange web traffic hints at interest in this one county  Mashable
Did Amazon employees just tip the company's hand on HQ2?  Curbed
3M Settles Minnesota Lawsuit for $850 Million
3M Co. has settled a lawsuit with Minnesota's Attorney General Lori Swanson for $850 million, putting an end to eight years of litigation over a former Scotchgard ingredient that got into the state's drinking water.
3M to pay $850 million to settle suit over chemical disposal  ABC News
Minnesota settles water pollution suit against 3M for $850 million  Minnesota Public Radio News
NXP shareholders owe a big 'thank you' to Broadcom's CEO
Broadcom CEO Hock Tan says that buying NXP doesn't solve Qualcomm's problems - but he's currently a hero to NXP shareholders.
Qualcomm deals blow to Broadcom's bid with sweetened NXP deal  Reuters
Why Broadcom Should Walk Away  Wall Street Journal
Amazon CEO Shares Video of 10000-Year Clock's Construction
What do billionaire tech CEOs do in their free time? The head of Amazon has been busy building a giant clock. On Tuesday, Jeff Bezos released a video of his pet project: a 500-foot tall timekeeper located in Texas that intends to run for 10,000 years ...
Amazon's Jeff Bezos is helping build a clock that will work in 10000 years  USA TODAY
Jeff Bezos's latest sideline has lots of people comparing him to a comic ...  MarketWatch
Watch a Human Try to Fight Off That Door-Opening Robot Dog
Hey, remember that dog-like robot, SpotMini, that Boston Dynamics showed off last week, the one that opened a door for its robot friend?
Humans sow seeds of destruction by abusing poor robot just trying to walk ...  TechCrunch
Only a fool would dare interrupt Boston Dynamics' SpotMini from opening ...  The Verge
Applebee's closed 99 locations last year — and it's about to close dozens more
Executives have blamed the chain's failed attempt to win over millennials for its downward spiral. IHOP, Applebee's sister brand, is also planning to close 30 to 40 locations this year.
Applebee's Is Closing Up To Another 80 Restaurants  Fortune
IHOP Owner's Profit Jumps Due to New Tax Law Benefit  U.S. News & World Report