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Walmart Defies Gloom Over Inflation With Sales and Profit Upgrade
Posted inBlack Friday and Cyber Monday (Shopping) Company Reports McMillon, C Douglas Shopping and Retail Walmart Stores Inc

Walmart Defies Gloom Over Inflation With Sales and Profit Upgrade

Ahead of the critical holiday shopping season, the nation’s largest retailer reported stronger-than-expected earnings and signaled confidence with a $20 billion share buyback.
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Posted by By Jordyn Holman
WeWork Will Close About 40 Locations as Losses Narrow
Posted inCompany Reports Mathrani, Sandeep Real Estate (Commercial) SOFTBANK Corporation WeWork Companies Inc

WeWork Will Close About 40 Locations as Losses Narrow

The co-working company said revenue rose more than 20 percent in the most recent quarter, but tempered its forecast for the full year.
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Posted by By Peter Eavis
When Tech Stocks Sputter, the Entire Stock Market Sinks
Posted inCompany Reports Computers and the Internet Layoffs and Job Reductions Meta Platforms Inc Standard & Poor's 500-Stock Index Stocks and Bonds Virtual Reality (Computers)

When Tech Stocks Sputter, the Entire Stock Market Sinks

Stocks like Meta, Microsoft, Amazon and Apple have suffered staggering losses this year. But is this a good time to buy? Maybe, if you’re in it for the long term, our columnist says.
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Posted by By Jeff Sommer
Redfin, the Online Real Estate Broker, Lays Off 13% of Its Staff
Posted inCompany Reports Kelman, Glenn Layoffs and Job Reductions Real Estate and Housing (Residential) Real Estate Brokers Redfin Shutdowns (Institutional)

Redfin, the Online Real Estate Broker, Lays Off 13% of Its Staff

The company also said it was shuttering RedfinNow, its home-flipping service, as concerns grow about a slowdown in the housing market.
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Posted by By Isabella Simonetti

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