Bloomberg The five heirs to Wal-Mart Stores Inc. fortune became $5 billion richer after the world’s largest retailer said it expects US e-commerce sales to surge 40 percent in the next fiscal year. The forecast added 4.5 percent to Wal-Mart shares and pushed the combined net worth of Alice, Jim, Rob, Lukas and Christy Walton to $140 billion, according to ...

Bloomberg Shopify Inc. Chief Executive Officer Tobi Lutke called a short seller that targeted his company a “troll,” in his first public response since being targeted by Andrew Left’s Citron Research recently. Left, who said he had taken a short position in the stock, published a report questioning the sustainability of the Canadian e-commerce company’s growth rate and calling its ...

Bloomberg Chancellor of the Exchequer Philip Hammond poured cold water on the idea that planes would be unable to fly from the UK to the European Union if there’s no deal on Brexit, a favourite theme of opponents of an abrupt departure from the bloc. Britain’s air-traffic controllers currently work under agreements that are part of Britain’s EU membership. When ...