Wal-Mart in Talks to Buy Amazon Web Retailer Rival Jet.com

Wall Street Journal: Wal-Mart Stores is said to be in talks to buy online discount retailer Jet.com, escalating its costly quest to compete head-on with Amazon.com. A deal could give Wal-Mart’s e-commerce efforts a much-needed jolt as the world’s largest retailer seeks to grow beyond its brick-and-mortar storefronts.