Pfizer will build a biologics plant in China, where it will make biosimilars for the Chinese market but also for sale throughout the world. The New York drugmaker has turned to GE for construction of the facility, which has developed a modular construction process that will cut the cost and allow the plant to be operational in about 18 months, instead of three years.

Walmart has formed a strategic alliance with JD.com that includes the sale of its online operations in China.

The growth of e-commerce may be slowing, as a majority of U.S. shoppers say they don't plan to increase their online spending over the next three years, a new report found.

At Target, the path to becoming an omnichannel retailer started with the supply chain.

As many as 35 percent of affluent, middle-class shoppers say they "can't be bothered" with joining loyalty programs, up from 18 percent in 2014.

Amazon is partnering with Tyson Foods to launch a meal kit delivery service in the fall as part of AmazonFresh.