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More From National Business

February 19, 2019

Walmart’s fourth quarter flex -- Walmart shares soared to a three-month high after the Bentonville, Arkansas company defied a gloomy government retail sales report and delivered fiscal fourth-quarter profits and sales above Wall Street expectations.;

February 19, 2019

Dow Jones Industrials

High: 25,961.44

Low: 25,820.01

Close: 25,891.32

Change: +8.07

Other Indexes

Standard&Poors 500 Index: 2779.76 +4.16

NYSE Index: 12,628.36 +24.89

Nasdaq Composite Index: 7486.77 +14.36

NYSE Amer Composite: 2540.41 +28.65

Russell 2000 Index: 1574.47 +5.22

Wilshire 5000 TotalMkt:…

February 19, 2019

Sales slowdown--Online sales plummeted 3.9 percent on a monthly basis during the height of holiday shopping, raising concerns about whether consumers are retreating in a way that might signal a major economic slowdow;

February 19, 2019

Sales slowdown--Online sales plummeted 3.9 percent on a monthly basis during the height of holiday shopping, raising concerns about whether consumers are retreating in a way that might signal a major economic slowdow;

February 19, 2019

PARIS (AP) — Karl Lagerfeld once created a Walmart-sized “Chanel Shopping Center” to show off his ready-to-wear collection. It featured aisle upon aisle of luxury foods labeled “one for the price of two.”

Immediately after models had paraded through the aisles, guests raided the shelves. Rihanna…

France Obit Lagerfeld

February 19, 2019

DETROIT (AP) — America’s auto industry is bracing for a potential escalation in President Donald Trump’s tariff war with the world, one that could weaken the global auto industry and economy, inflate car prices and trigger a backlash in Congress.

Late Sunday, the Commerce Department sent the White…

Trump Tariffs

February 19, 2019

NEW YORK (AP) — Payless ShoeSource has filed for Chapter 11 bankruptcy protection and is shuttering its remaining stores in North America.

The filing on Monday came a day after the shoe chain began holding going-out-of-business sales at its North American stores.

The company, based in Topeka,…

Payless Liquidation

February 19, 2019

PARIS (AP) — The web platform was named for a revered French populist philosopher and created by an Italian internet entrepreneur to transform common grievances into proposals and activists into political candidates.

When Italy’s deputy prime minister offered the populist 5-Star Movement’s Rousseau…

Europe Populists

February 19, 2019

Stocks shook off an early wobble on Wall Street Tuesday, finishing modestly higher and extending the market’s gains into a fourth week.

Solid earnings from Walmart encouraged investors to bid up other retailers and consumer goods companies. Communication services stocks and banks also contributed…

Financial Markets

February 19, 2019

NEW YORK (AP) — Walmart defied a gloomy government retail sales report for December, delivering fiscal fourth-quarter profits and sales that beat Wall Street expectations.

The world’s largest retailer also enjoyed another quarter of surging e-commerce sales during the critical holiday period as it…

Earns Walmart
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