44 stories from 13 sources
The week in U.S. Business and Markets
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Amazon's retail lead became part of an active contest as Walmart joined overlapping summer deal events while online spending reached $8.3 billion on Prime Day's first day. The week connected Amazon's broader scale advantage with Walmart's effort to build a more habitual online shopping channel.
Hertz's debt-and-equity financing plan triggered a record 41% one-day stock plunge, and the following day the shares remained on track for a record weekly decline. The financing structure exposed both stressed market access and heightened dilution risk.
Ford's automation problems surfaced as the company rehired former engineers to address mistakes made by automated systems. A later account again tied the problem to AI falling short, turning a staffing move into a recurring question about the technology's reliability.
Wendy's stock jumped 26% as meme traders moved into the burger chain, and the shares were then positioned to extend the rally as that crowd continued piling in. The repeated attention marked a volatility-driven trading episode rather than a change in the company's fundamentals.
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