Bloomberg Walmart Inc’s Doug McMillon just took over as the chief spokesman for Corporate America, and he’s not wasting any time taking action. The Walmart chief executive said the retailer will stop selling e-cigarettes in its more than 5,300 US locations, displaying a tendency towards action that the company has typically lacked. The announcement supports the emerging narrative that Walmart’s ...

Bloomberg Rolls-Royce Plc will incur additional delays in fixing problems with its Trent 1000 aircraft engine, hampering efforts to get grounded Boeing Co 787 Dreamliners back in the air. The challenge of replacing engine components with less-than-expected durability will delay the return of normal service until the second quarter of next year, the company said in a statement. Rolls-Royce shares ...

Bloomberg US prosecutors ridiculed celebrity lawyer Michael Avenatti’s claim that he was charged with trying to extort millions of dollars from Nike Inc as payback for his feud with President Donald Trump, calling the allegation a “fantastic notion” based on hyperbole and insinuation. Avenatti asked a judge in August to throw out the case, claiming it was a vindictive prosecution ...