Walmart Inc. has been battling to take on Amazon.com Inc., but it was weakness in old-fashioned categories of retailing, not whizzy tech, that undermined its holiday performance and prompted it to come up short of expectations for this year. And that pressure’s not going away anytime soon, considering the continued onslaught from rivals that excel at back-to-basics shopkeeping, such as ...

If there’s one thing everyone knows about President Donald Trump, it’s that he loves a captive audience — the larger and more enthusiastic, the better. This is one of the many things he has in common with India’s Prime Minister Narendra Modi. On February 24, both of them will have a chance to indulge their shared passion. Trump is to ...

Who says China’s vast bureaucratic machine is too busy fighting the coronavirus to do anything else? The country is finally speeding up its creaky bankruptcy process after two years of record defaults. Within one day of filing paperwork, a Beijing court has accepted a creditor’s application to start the restructuring process for Peking University Founder Group — a state-linked conglomerate ...