Walmart Deals With Surplus Inventory, Auto Suppliers Guilty of Price-Fixing, Halloween Spending Forecasts
Walmart is cutting orders with its suppliers “category by category” to deal with a surplus of inventory.
Nine Japanese auto suppliers and two executives have agreed to pay more than $740 million in fines for participating in a price-fixing scheme that affected parts sold to Chrysler, Ford, General Motors, and others.
Ebay will acquire Braintree, a Chicago payments start-up, for $800 million, with the plan of combining it with PayPal.
Retailers and mediocre restaurants may have already unpacked their Halloween decorations, but according to a new survey from the National Retail Federation, fewer people plan on celebrating the holiday—and those who do plan on spending less.
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