Walmart Creates Role to Lead Drone and Autonomous Delivery Tech

Walmart Inc. named a company veteran to lead the expansion of drones and other new technologies for the big-box retailer to bring products to shoppers. Greg Cathey will serve in the new position of senior vice president of digital fulfillment transformation, according...

Schwab CEO Says Retail Traders Are Buying Dips, Selling Rips

Charles Schwab Corp.’s chief executive officer said retail investors are eager to trade when there is more volatility — something more common since Donald Trump returned to the US presidency. “Our clients trade more when there is more volatility, and they tend to be...

Thiel, Bezos Back Startup Treating Tumors With Sound Waves

Peter Thiel’s Thiel Bio and Jeff Bezos’ Bezos Expeditions are among the investors backing health-care company HistoSonics Inc. at a $3 billion valuation — betting that its technology that can help treat tumors using sound waves. The startup, which currently focuses on...

Wall Street’s Risk Arms Race Amps Up With 5-Times Leveraged ETF

Just days after the latest crop of hyper-leveraged products tested the outer edges of regulatory tolerance, a new ETF proposal is doubling down — literally. Volatility Shares has filed to launch funds offering five times the daily return of some of the most volatile...