Walmart’s online sales over the critical holiday period grew at less than half the rate of previous quarters, while investments Marc Lore made to enhance the e-commerce business dented profitability.
The Bayrock Group, the developer of the Trump Soho building in Manhattan, agreed in principle to settle a lawsuit filed in 2010 by former finance director Jody Kriss.
Outstanding Hospitality Management, a St. Louis-based operator of airport restaurant spaces, filed a lawsuit on Monday against the company owned by the family of Jared Kushner.
Of the $54 billion PIF invested last year, $45 billion was in information technology, $4.8 billion in real estate, $2.4 billion in consumer staples and $1 billion into industrials.
Rite Aid will get a buyer after a failed merger with another chain last year. Albertsons will add new locations and size amid increasing pressure from online competitors.
As Wall Street’s rental-home industry matures from its early days of frenzied homebuying after the foreclosure crisis, upstarts such as Promise are turning to cheaper houses that have largely been cast aside by big...
