Bloomberg Walmart Inc made its green bond market debut with a $2 billion offering, the largest ever from a US corporation, according to data compiled by Bloomberg. The retail giant’s inaugural sustainable debt issuance comes amid efforts to reduce carbon emissions, boost recycling and clean up its supply chain. The deal surpasses NextEra Energy Capital’s $1.5 billion June sale, which ...

Bloomberg United Parcel Service (UPS) Inc agreed to acquire Roadie, a same-day delivery startup, looking to speed service and expand into atypical parcels such as oversized packages and perishable goods. The acquisition, for an undisclosed amount, comes after UPS began a pilot with Atlanta-based Roadie to test same-day deliveries. Roadie will operate under its name as a separate company, and ...

Bloomberg Lululemon valuation is richer than many of its peers in the retail sector. Shares jumped as much as 14% on Saturday after the athletic clothing retailer reported second quarter revenue above analyst expectations, a sign that investors are still willing to pay significant premiums for growth. Lululemon trades at a last-twelve-months price-to-earnings ratio of 65.4 compared to 16.9 for ...