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Walmart appears to be beating Amazon at its own game

A Walmart store in Landover, Maryland. (Photo: SAUL LOEB, AFP/Getty Images) In its challenge to keep up with Amazon, Walmart proved Tuesday that it is succeeding. The retailing giant reported that revenue in the fourth-quarter rose 4.1% to $136.3 billion as compared to the same period in the previous year.  The results were in keeping…

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Home Depot Fourth-Quarter Sales Growth Surpasses Estimates

Home Depot Inc. is cashing in as Americans continue to pour money into their properties. Hurricane recovery spending in Puerto Rico and southern states is helping, too. Sales in the fourth quarter through January surpassed analysts’ expectations. Revenue rose 7.5 percent to $23.9 billion, the company said in a statement Tuesday, versus an average estimate…

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The Car of the Future Will Sell Your Data

Picture this: You’re driving home from work, contemplating what to make for dinner, and as you idle at a red light near your neighborhood pizzeria, an ad offering $5 off a pepperoni pie pops up on your dashboard screen. Are you annoyed that your car’s trying to sell you something, or pleasantly persuaded? Telenav Inc.,…

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Fed Minutes May Give Clues to 2018 Interest Rate Word Puzzle

Federal Reserve officials added the word “further” twice to their January statement. On Wednesday, investors may find out why. At Chair Janet Yellen’s last meeting Jan. 30-31, the central bank pledged twice to make “further gradual adjustments” in interest rates as opposed to just “gradual adjustments” at the prior gathering. While the language was consistent…

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