NEW YORK — Walmart Inc. reported another quarter of strong results May 16 as its low prices pull in shoppers scouring for discounts with inflation stubbornly high.
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Extras
On the Bubble
Walmart Delivers Strong First Quarter
Amazon Workers Say They Struggle to Afford Food, Rent
Five years after Amazon.com Inc. raised wages to $15 an hour, half of warehouse workers surveyed by researchers say they struggle to afford enough food or a place to live.
Amazon Chooses Volvo VNR Electric as First Class 8 BET in US
E-commerce giant Amazon.com Inc. plans to deploy 47 Volvo VNR Electric tractors across its Southern California operations, its first Class 8 battery-electric trucks.
Performance Food Group Takes Electric Plunge
Performance Food Group has seven electric trucks, supported by an array of charging stations, an upcoming installation of solar panels and a fleet of all-electric refrigerated trailers.
Amazon Sees Strong Q1 Results Driven by Cloud-Computing Unit
NEW YORK — Amazon reported strong results for the first quarter, driven by growth in its cloud-computing unit and a new surge of advertising dollars from its Prime Video streaming service.
ADM Shares Fall as CEO Cites Transition From Boom Years
Archer-Daniels-Midland Co.’s shares slumped as the agribusiness giant warned of pressured margins for the remainder of the year, even as quarterly earnings beat estimates.
Air Products Plans Alberta Hydrogen Truck Refueling Network
Air Products plans to build a network of hydrogen refueling stations between Edmonton and Calgary in Alberta for trucks, the industrial gas giant said.
PepsiCo Beats Q1 Revenue Forecasts
PepsiCo reported better-than-expected revenue in the first quarter on strong international demand for its snacks and beverages.
Kroger, Albertsons Agree to Divest More Stores
Kroger Co. and Albertsons Cos. agreed to divest more stores to C&S Wholesale Grocers, seeking to make their planned $24.6 billion merger more appealing to antitrust authorities.
Amazon Prime Memberships in US Gain 8% to New High
Amazon.com Inc.’s Prime subscription service hit a new high of 180 million U.S. shoppers in March, up 8% from a year earlier, according to Consumer Intelligence Research Partners.