Target reports a slump in third-quarter profit and sets soft outlook for holiday period

NEW YORK — Target etched out a slim sales increase in the third quarter but profits…

Walmart’s promise of low prices proves to be a powerful draw in the third quarter

NEW YORK — Walmart is heading into the official start of the holiday shopping season with…

Home Depot’s Q3 results top Wall Street as pullback in consumer spending eases a bit

Home Depot continued to deal with a pullback in spending from customers in its fiscal third…

Japanese automaker Nissan cuts 9,000 jobs as its vehicles fail to sell

TOKYO — TOKYO (AP) — Nissan reported Thursday a loss for the latest fiscal quarter as…

Nintendo reports lower profits as demand drops for its aging Switch console

TOKYO — Nintendo, the Japanese video game maker behind the Super Mario franchise, said Tuesday that…

Warren Buffett is sitting on over $325 billion cash as Berkshire Hathaway keeps selling Apple stock

OMAHA, Neb. — Warren Buffett is now sitting on more than $325 billion cash after continuing…

Financial market worries over the UK budget appear to ease

LONDON — Worries about this week’s tax-raising U.K. budget within financial markets appeared to ease Friday…

Security tech company Evolv fires its chief executive

NEW YORK — Amid the backdrop of a sales misconduct investigation and other looming legal troubles,…

Summer pullback in mortgage rates helped pave way for lower down payments for many homebuyers

LOS ANGELES — Homebuyers opted to make smaller down payments this summer as declining mortgage rates…

Samsung reports ‘major’ progress in supply deal for AI chips

SEOUL, South Korea — Samsung Electronics on Thursday reported progress on a major supply deal for…