Bloomberg Walmart Inc might be one of the few big winners in the pandemic, having posted surging sales month after month, but that isn’t stopping the company from tightening its belt. The world’s biggest retailer has laid off hundreds of workers in units including store planning, logistics, merchandising and real estate, according to people familiar with the matter. It is …

Bloomberg General Electric (GE) Co predicted slow gains in operations this year and next after the coronavirus pandemic battered results in the second quarter. The jet-engine division has tracked “early signs of improvement” in flight departures on the path to a lengthy recovery, GE said in a presentation as it reported results. The company burned through $2.1 billion in industrial …

Bloomberg Microsoft Corp. is exploring an acquisition of TikTok’s operations in the US, according to a people familiar with the matter. A deal would give the software company a popular social-media service and relieve US government pressure on the Chinese owner of the video-sharing app. The Trump administration has been weighing whether to direct China-based ByteDance Ltd. to divest its …