CNBC Business

The sales mark a reversal of a 2017-18 strategy led by Marc Lore, Walmart's former head of e-commerce.

The message comes at a key moment as space rapidly commercializes and a heightened geopolitical backdrop increasingly sees threats extending beyond Earth.

BuzzFeed will lay off 15% of staff and will shut down its news unit, BuzzFeed CEO Jonah Peretti wrote in an email to staff Thursday.

AT&T's earnings and wireless adds were roughly in line with Wall Street's estimates.

Sales of previously owned homes declined 2.4% in March compared with February, according to the National Association of Realtors.

Fires involving EV batteries can burn hotter and longer and require new techniques to extinguish, posing a growing challenge to first responders.

Ikea is investing billions in its omnichannel growth strategy in the U.S., marking its biggest investment push since it opened in the U.S. nearly 40 years ago.

Moderna's partnership with IBM comes as the drugmaker navigates its post-pandemic boom driven by its mRNA Covid vaccine. 

Paramount hit Warner Bros. Discovery with a counterclaim in the legal fight over South Park's streaming rights

The NFL, NBA, NHL, MLB, WNBA, NASCAR and MLS have joined media companies NBCUniversal and Fox to form The Coalition for Responsible Sports Betting Advertising.

Former President Donald Trump, now a major DeSantis critic, wrote that the governor is getting "absolutely destroyed by Disney."

A complex legal battle over access to the abortion pill mifepristone has landed at the Supreme Court.

Smartmatic wants to compel Fox to "reproduce all relevant documents and depositions from the Dominion actions."

The Supreme Court is considering whether to maintain a court order that would severely restrict access to the abortion drug mifepristone.

ESPN will lay off both on-air talent and management as part of Disney's cost cutting efforts, sources say.

Stellantis CFO Richard Palmer will be succeeded by Natalie Knight, who has served as CFO at the Netherlands-based food retailer Ahold Delhaize since early 2020.

United reported a loss for the first three months of the year but forecast a profit for the second quarter, when the peak summer travel season picks up.

Hootan Yaghoobzadeh, the co-founder of Staple Street Capital and negotiator on the settlement deal with Fox, said his team feels "good" about the agreement.

Mortgage demand dropped last week after interest rates increased. Rates continued moving higher this week, portending a slowdown in the spring market.

Netflix reported earnings after the bell. Here are the results.