Stocks finished lower after upbeat December U.S. retail sales data eroded expectations the Federal Reserve will kick off its rate-cut campaign as early as March.
Read More Wall Street ends down as US retail sales data crimps rate cut betsTag: Amazon
AT&T to buy Rivian electric vehicles in pilot deal to cut cost, emissions
AT&T will purchase some electric vehicles from startup Rivian in a pilot program to evaluate ways to reduce cost, cut carbon emissions and improve safety.
Read More AT&T to buy Rivian electric vehicles in pilot deal to cut cost, emissionsWalmart Shifts To India For Cheaper Imports
In a move to save on costs, Walmart is importing more goods to the United States from India instead of China.
Read More Walmart Shifts To India For Cheaper ImportsAmazon Remote Workers: Employees Who Don’t Return To Office May Not Get Promoted
Amazon says they are not going to offer promotions to employees who do not comply with their return-to-office mandate.
Read More Amazon Remote Workers: Employees Who Don’t Return To Office May Not Get PromotedUS retail sales dip; producer prices post biggest drop in 3-1/2 years
U.S. retail sales fell for the first time in seven months as motor vehicle purchases and spending on hobbies dropped.
Read More US retail sales dip; producer prices post biggest drop in 3-1/2 yearsJeff Bezos Is Leaving Seattle For Miami
Billionaire Jeff Bezos is reportedly leaving Seattle, Washington, for sunny Miami, Florida.
Read More Jeff Bezos Is Leaving Seattle For Miami