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Shares of iRobot tumbled on Tuesday after Amazon said it would lower its purchase price of the home robot maker, which the tech giant bought for $1.7 billion last August in an effort to expand its offerings of smart devices...

Retail giant Walmart on Tuesday said it is teaming up with online travel agency Expedia Group to offer its subscription service members travel benefits for the first time as retailers increase service offerings to offset a slowing in spending on goods. Walmart joins Amazon and others who are offering new perks for members as American consumers reduce their spending across numerous categories with the exception of travel, according to a McKinsey's July 2023 consumer report. "We're bringing together the ultimate savings membership and vacation booking site to deliver a first-ever travel-focused benefit for Walmart+ members," said Venessa Yates, senior vice president and general manager of Walmart+, the retailer's subscription service...

AI must be regulated, though companies can't wait around for that regulation either, Meta President of Global Affairs Nick Clegg recently told Yahoo Finance Live...

Enter a pair of hand warmers, like this set of rechargeable ones from Amazon. It's common for kids to bring a water bottle to school so they're not constantly asking for the hall pass to grab a drink from the fountain in the hall (which, let's face it, may or may not be working). A better idea is to get your kids water bottles that actually don't leak, and these Contigo bottles should do the trick...

(Bloomberg) -- IRobot Corp. tumbled after Amazon.com Inc. said it’s paying less to acquire the Roomba maker to account for fresh financing taken out by the company as a merger review drags on. Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Record...

It hasn't been a great year for retail stocks. While the benchmark S&P 500 has gained 18.63% so far this year, retail stocks, represented by the S&P Retail SPDR ETF , have gained just 9.98% year to date. Shares of Walmart are also trailing the large-cap index this year, but with a gain of 12.34%, at least the world's largest retailer is beating most of its peers in the retail sector...

Looking to compete in a lucrative market that's already rewarded Chinese e-commerce companies, TikTok is all in on a new digital retail blockbuster of its own coming this August. TikTok Shop, the company's e-commerce operation, intends to sell China-made products in the U.S. and expects to hit the ground running in early August, The Wall Street Journal reported on July 25. While TikTok has certainly made inroads in the U.S. with its streaming video platform, with about 117 million American users, it's struggled to gain e-commerce altitude in the U.S. over the past few years...