Walmart is expanding its online grocery delivery service to a total of 100 metropolitan areas by the end of the year, up from six currently, a push that will help the retailer reach 40% of American households. Orders will be packed by Walmart (WMT) employees before they are handed off to delivery companies, a costly model it previously resisted as Amazon (AMZN), Kroger (KR) and Target (TGT) invest in similar services.
Economy
Crude is back over $61/barrel following the firing of Secretary of State Rex Tillerson. Some assume that will clear the way for President