USA

Starbucks Cuts Annual Sales Forecast As Demand Cools In US, China

Starbucks cut its annual sales forecast after reporting a fall in same-store sales for the first time in nearly three years.

Walmart's Rob Walton Set To Retire From Board

Walmart has said that Rob Walton, the longest serving member on its board and eldest son of founder Sam Walton, is set to retire from his position of the b...

P&G Raises Annual Core Profit Forecast On Price Hikes, Easing Costs

Procter & Gamble has raised its annual core profit forecast as it benefits from easing commodity costs and higher product prices of its cleaning and ho...

US E-Commerce Penetration Rate Hits 87%, Study Finds

E-commerce penetration in the United States stands at 87%, well ahead of most European countries, a new study by Stocklytics.com has found.

US Ban On Menthol Cigarettes Delayed

The U.S. Food and Drug Administration's proposal to ban menthol flavoured cigarettes in the United States faced another setback, according to anti-tobacco...

Walmart-Backed Tech Firm Ibotta Files For US IPO

Walmart-backed digital marketing company Ibotta has filed to go public in the United States, it said in a filing.

US Consumer Sentiment, Inflation Expectations Stable In March

U.S. consumer sentiment and inflation expectations were little changed in March, a survey has shown.

Dollar General Flags Margin Hit As Consumers Shift To Essentials

Dollar General has said that it expects its margins to come under pressure as shoppers choose less-profitable essential items over clothes, home decor and...