Wanda Commercial Management Group will utilize the huge online resources owned by its Internet investors and its own vast offline commercial assets to carry out various collaborations to nurture a "new consumption" model in China.
WASHINGTON — Two days after he said buying Greenland wasn't a top priority, President Donald Trump canceled an upcoming trip to Denmark, which owns the mostly frozen island, after its prime minister dismissed the idea.
Walmart plans to continue to enhance its private brands, including Great Value for grocery, Marketside for fresh food and new clothing brand George, to keep its low price advantages. The retailer's private brands have grown 30 percent annually in 2018.
WASHINGTON - US President Donald Trump on Thursday warned Russia, Syria, and Iran against violence in Idlib province of northwestern Syria, the stronghold of Syrian rebels.
Walmart’s intensifying rivalry with Amazon.com has been well documented. And Walmart’s desires to become an even bigger presence in the online worldis no secret, with the company gobbling up startup companies and hiring top technical talent in an all-out effort to knock Amazon off its perch.
Wall Street's main stock indexes were little changed on Wednesday, taking a breather after a monthlong rally ahead of the long-anticipated tax vote. The S&P 500 has climbed about 4.5 percent since mid-November, led by a rally in sectors such as transport, banks and others that are expected to benefit the most from lower taxes.
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WASHINGTON -- John Dingell, former Michigan Congressman and the longest-serving member of the US Congress, died Thursday at the age of 92.
Walmart also spent big on technology in 2015. Despite that, the company’s e-commerce sales are slowing. The quarter saw an 8-percent increase in e-commerce revenue in the fourth quarter, down from 10 percent in the third, and 16 percent in the second.
Walmart did not immediately respond to a request for comment, but the company, the world's biggest retailer, filed its own lawsuit against the Justice Department in October that argued that the US crackdown put it in a no-win position.
WASHINGTON — President Donald Trump eased up Tuesday on his threats to shut the southern border this week as officials across his administration explored half-measures that might satisfy the president's urge for action, like stopping only foot traffic at certain crossings.