Walmart Rewrites Its E-Commerce Strategy With $3.3 Billion Deal for Jet.com

The New York Times. Traditional retailers have spent more than a decade and billions of dollars trying to transform their brick-and-mortar businesses for the online shopper. Yet Amazon and other digital upstarts continue to lap them.

G.E.’s New Strategy: Less Is More

The New York Times. Since taking over the company in August, Mr. Flannery has promised big changes, shaken up his leadership team and grounded corporate planes. On Friday, he offered new details about his broader strategy, including selling off nearly $20 billion of businesses in the next year or two, so that the company can focus on more promising businesses.