Wal-Mart makes strides toward Internet dominance, but remains dogged by this issue

Wal-Mart, the big-box behemoth where nearly every American shops, is both the U.S.’s largest private sector employer and a consistent lightning rod for controversy. As the Arkansas-based retailer makes inroads in online retail — reportedly near a deal to...

Palantir’s relationship with America’s spies has been worse than you’d think

The CIA, he said, “may not like us. Well, when the whole world is using Palantir they can still not like us. They’ll have no choice.” Suggesting that the Federal Bureau of Investigation had also had friction with Palantir, he continued,...

California looks to ban tobacco product discounts after state’s recent $2-a-pack tax hike

A California lawmaker has proposed a statewide measure to ban retailers from accepting coupons that lower the price of tobacco products. It follows California this month more than doubling the tax on cigarettes. The legislation, proposed by California Assemblyman...

Harley Davidson to shift production from PA to Missouri, lay off 118 workers

Motorcycle maker Harley-Davidson said on Thursday it will lay off 118 workers at its York, Pennsylvania, plant and shift employment to Kansas City, Missouri.The company said it told employees in November 2015 of plans to shift production of Harley-Davidson Cruisers...

General Electric shares fall 1% after earnings beat Street’s expectations

General Electric shares seesawed Friday after the industrial giant posted first-quarter earnings and revenue that beat Wall Street’s expectations. GE reported earnings of 21 cents a share on revenue of $27.66 billion. Analysts expected profit of 17 cents a share...

Corporate tax rate could get to 20 percent, says Grover Norquist

President Donald Trump’s tax plan will probably look similar to what he espoused on the campaign trail, Grover Norquist, the president and founder of Americans for Tax Reform, told CNBC on Friday. “It is probably going to look a lot like what Trump talked...