Month: November 2020

Apple is cutting to 15% from 30% the commission it charges smaller developers that sell software through its App Store—a partial concession in its battle with critics over how it wields power in its digital ecosystem.

TJX Cos. said it would launch an e-commerce platform for the HomeGoods chain in 2021—an about-face from its longtime resolve to resist ramping up online operations.

Target said sales rose steadily in its most recent quarter, as demand for household goods and home office supplies continued to grow during the pandemic, while shopping shifted online.

Amazon.com said customers can buy prescription medications through a new store on its platform, a move that weighed on shares of drugstore chains and drug distributors.

Retail sales rose 0.3% in October as consumers increased their purchases modestly in the early weeks of the holiday season.

The CEOs of Facebook and Twitter hailed their companies’ efforts to fend off election interference, but skeptical senators warned them that tougher regulation of social media could be coming.

Home Depot reported strong sales growth as the retailer continues to thrive from people spending more time on home-improvement projects during the coronavirus pandemic.