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Traders work on the floor of the New York Stock Exchange

Wall Street Set for Lower Open; Earnings Reports Awaited

Stock futures pointed to a lower open for Wall Street Wednesday, with investors believing that Tuesday's meeting between French and German leaders failed to make significant progress on the euro zone sovereign debt crisis.
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Shopping carts are seen outside a new Walmart Express store in Chicago

Wal-Mart changes e-commerce leadership

Wal-Mart Stores Inc is shaking up its e-commerce structure, putting the people who run stores in developed markets such as the United States in charge of the websites in those countries, according to an internal memo obtained by Reuters on Friday.
Exxon Mobil

Top 10 Largest U.S. Companies by Market Cap

Market capitalization, also called market cap, means the total dollar market value of a company's all outstanding shares. It represents the aggregate value of a company or stock.
Health and Human Services Secretary Kathleen Sebelius

Medicare Prescription Drug Costs Unlikely to Rise in 2012

The government-subsidized prescription plan for seniors will not increase by the time 2012 rolls around, and yet, the plan will cost seniors an average of $30 a month in 2012, down from $30.76 this year, according to a statement made by the U.S. Department of Health and Human Services on Thursday.
Driver delivers two packages from Amazon.com in Boston, Massachusetts

Amazon flies high, may rise 25 percent more: Barron's

Amazon.com Inc shares, just below their all-time high, could rise 10 percent to 25 percent if its capital spending translates to fast growth in its retailing, Kindle e-readers and cloud-computing businesses, Barron's said in its August 1 edition.
TOP WEB PROPERTIES

Google, Facebook, Shopping, Glamour Top US Internet Sphere

comScore Media Metrix released its list of top 50 web properties for June with Google, Yahoo! and Microsoft sites assuming top positions. However social networking sites like Facebook, online luxury magazines like Glam Media, sports and entertainment sites like Turner Digital and Viacom seem to be gaining in popularity. American web users show a marked trend towards networking, shopping, sports and entertainment.
Shopping carts are seen outside a new Walmart Express store in Chicago

African Unions to Team up Against Wal-Mart

A global labor federation plans to bring African unions together to battle the expansion of U.S. retailer Wal-Mart on the continent, a senior group member said on Wednesday.
Amazon Founder, CEO Jeff Bezos

Amazon: The Most Competitive Business Ever Built?

Jeff Bezos and Amazon have unique competitive advantage, some analysts say. They suggest Amazon is succeeding bigger, and faster, than Wal-Mart did, becoming the world's largest retailer. That begs the question: Has Amazon built the most competitive business ever?
Shopping carts are seen outside a new Walmart Express store in Chicago

Walmart Express debuting in Chicago on Wednesday

Wal-Mart Stores Inc (WMT.N) is opening its first small store in Chicago on Wednesday as it tests a format it hopes will allow it to penetrate urban markets that have resisted its huge stores.
Amazon

Amazon's Stock Zooms; Analysts Remain Bullish

Amazon's stock is trading near a 52-week high, up more than five percent Wednesday after the company posted strong second quarter earnings and profits. But Amazon will go higher, say some analysts, because the company has a decided competitive advantage.
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How to play it: Swiss francs, gold thrive in debt crisis

It's not too late to find investor-friendly exchange-traded funds specializing in safe-haven currencies and precious metals, experts say, though the August 2 deadline for raising the U.S. debt ceiling is days away. For more intrepid individuals, there are even some tech ETFs that seem to be holding their own.
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Supervalu profit tops Street view, shares jump

Supervalu Inc's (SVU.N) quarterly profit topped Wall Streets expectations despite sagging sales as the third-biggest U.S. supermarket chain trimmed expenses in a drive to catch up to rivals.

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