In a move targeted at online retail giant Amazon.com, Walmart.com on Thursday announced it's offering free shipping on nearly 60,000 gift items -- including popular toys and electronics -- through Dec. 20. Could the move start a free-shipping war?
Baidu's third-quarter profit more than doubled, year over year, as online advertising surged. The company also benefited from increased market share after Google closed its China-based search engine in March.
Kelley Blue Book Co., the venerable publisher of car-buying guides, is looking for a buyer itself, according to a report in the Financial Times. Within the past few weeks, the family-owned company has retained JP Morgan to handle the sale process, sources say.