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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.
Walmart has big year of e-commerce investments planned to bring growth back ...  CNBC
Walmart execs grilled on disappointing online growth on earnings call  MarketWatch
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 Might Be Buying a Lemon in Rite Aid  Fortune
Safeway owner Albertsons eyes Rite Aid deal in health care push  Baltimore Sun
India's federal police arrest sixth bank official in $1.8-billion fraud case
NEW DELHI (Reuters) - India's federal police have arrested a senior official of state-run Punjab National Bank (PNB) (PNBK.NS), the agency said on Wednesday, as an inquiry into a $1.8-billion fraud at the bank expands a week after it unveiled the size ...
PNB fraud case: Cases against Nirav Modi will collapse, asserts counsel  Times of India
CBI arrests Vipul Ambani, 4 others from Nirav Modi's firms in PNB fraud ...  Business Today
AT&T 5G coming to Dallas, Atlanta, Waco in 2018
AT&T has announced that Dallas, Atlanta, and Waco will be the first cities across the United States to receive its 5G services, with the carrier also opening a 5G innovation centre and test lab in Austin.
AT&T announces Dallas, Atlanta, and Waco as first three 5G cities for 2018  The Verge
AT&T names first three cities to get its ultra-fast 5G network  CNNMoney
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 Raises Bid for NXP to $44 Billion  Wall Street Journal
Broadcom Placed $103 Million Bet on CEO Before Qualcomm Bid  Bloomberg
3M will pay $850 million in Minnesota to end water pollution case
3M is paying $850 million to end a years-long lawsuit claiming it contaminated water in its home state of Minnesota. Minnesota Attorney General Lori Swanson, who filed the case against 3M (MMM) in 2010, announced the settlement on Tuesday.
3M Settles Minnesota Lawsuit for $850 Million  Bloomberg
3M to pay $850 million to settle suit over chemical disposal  ABC News
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
Watch Boston Dynamics' robot shake off an aggressive human  SlashGear
Feathers fly as chicken shortage temporarily closes hundreds of KFCs
A closed sign is seen outside a KFC restaurant near Ashford, England, Monday, Feb. 19, 2018. Fast-food chain KFC has been forced to close most of its 900 outlets in Britain and Ireland because of a shortage of chicken.
Meat free firm Quorn have made a cheeky 'offer' to KFC over the ...  Daily Post North Wales
Police ask the public to stop calling to report that KFC has run out of chicken
Amazon's Jeff Bezos is helping build a clock that will work in 10000 years
LOS ANGELES - Beyond delivery drones, space travel and other outside projects, Amazon founder Jeff Bezos is also fascinated with time.
Amazon CEO Shares Video of 10000-Year Clock's Construction  PCMag
Jeff Bezos's latest sideline has lots of people comparing him to a comic ...  MarketWatch
Stocks fall as Walmart shares plunge the most in 30 years
Traders work on the floor of the New York Stock Exchange. (Bryan R. Smith / AFP/Getty Images). The biggest drop in Walmart's stock in 30 years and losses in other sectors pulled U.S.
Dow closes 254 points lower as Walmart posts worst day since January 1988  CNBC
Walmart Slips, Home Depot Shines  Barron's