NEW YORK (AP) — Amazon said Thursday its Prime members ordered more than 100 million items during a sales event this week that analysts are expecting to be a bellwether for the holiday shopping season.
NEW YORK (AP) — Americans picked up their spending a bit in August from July even as surging inflation on household necessities like rent and food took a toll on family budgets.
U.S. retail sales rose an unexpected 0.3% last month after falling 0.4% in July, the Commerce Department said Thursday.
DETROIT (AP) — Tesla's second-quarter profit fell 32% from record levels in the first quarter as supply chain issues and pandemic lockdowns in China slowed production of its electric vehicles.
But the Austin, Texas, company still surprised analysts Wednesday with a better-than-expected $2.26 billion net profit for the quarter.
NEW YORK (AP) — Target's sales and profits surged in the first quarter as its customers, emerging from the pandemic, returned in big numbers to its stores for dresses, cosmetics and luggage.
Sales at stores opened at least a year jumped 18% in the three-month period that ended May 1.
DETROIT (AP) — BMW will pay an $18 million fine to settle allegations that it inflated its monthly U...
FRANKFURT, Germany (AP) — Booming demand for Mercedes-Benz luxury cars in China helped boost third-quarter profits at German automaker Daimler.
The Stuttgart-based company saw a 39 percent increase in sales of its luxury brand there despite fears that the Chinese economy may be slowing after years of rapid growth.