US Markets

Costco logs more than $42B in quarterly sales

Costco Wholesale Corp. on Wednesday reported $42.35 billion in sales for the first quarter, reflecting heightened consumer demand for the chain's food products and other merchandise as the coronavirus continued to spread this fall.

Cloud wars heat up as Salesforce zeros in on Slack

The battle for control of the cloud-based communication, increasingly critical as more Americans work remotely, is heating up amid reports Salesforce.com is in advanced talks to buy workspace messaging platform Slack Technologies.

Dow slides back below 30,000

U.S. equity markets opened little changed Wednesday after a mixed batch economic data dropped the Dow back below 30,000.

Foot Locker grows quarterly profit, sales

Foot Locker Inc. said its profit and sales rose for the third quarter, even as the back-to-school selling season started later than usual because of the coronavirus pandemic.