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Samsung Profit Likely To Hit New Record

Samsung Electronics Co. Ltd. has reported that its third-quarter operating profit likely hit a new record, beating analyst estimates. The company said that its...

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Walmart Makes New Acquisition To Shorten Delivery Times

Walmart (NYSE:WMT) acquired Brooklyn-based logistics startup Parcel last week for an undisclosed amount. The acquisition will help the company offer New Yorkers same-day delivery...

General Electric Selling Industrial Solutions Business To ABB

General Electric (NYSE:GE) is selling its industrial solutions business to power grids maker ABB (NYSE:ABB) for $2.6 billion. The Zurich-based engineering company announced the...

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