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Stocks drifted to a mixed close on Wall Street in what has been a rocky week because of worries coming out of the bond market ...
Nike is the latest retailer to announce price hikes amid President Donald Trump’s elevated import tariffs. See what retail companies have done so far.
Walmart has announced plans to lay off 1,500 corporate employees, part of what it calls a restructuring as it weighs plans to ...
Separately, Amazon.com, Inc. (NASDAQ:AMZN) faced pressure on ESG fronts. Shareholders voted down all eight external proposals ...
Walmart CEO Doug Millon said the company will try to keep prices low, but the company won't be able to absorb the full cost ...
Walmart, the nation’s largest private employer, is cutting 1,500 jobs. The Wall Street Journal was the first to report the cuts that will mostly take place in corporate positions including its global ...
Stocks drifted to a mixed close on Wall Street in what has been a rocky week because of worries coming out of the bond market ...
Bond yields inched higher and Wall Street flipped from small gains to losses before the opening bell Thursday after rising ...
"To accelerate our progress delivering the experiences that will define the future of retail, we must sharpen our focus," a letter to employees said.
Amid inflation and import taxes, Nike will raise prices on footwear, while other select items will be exempt from the increases.
Walmart is expected to lay off around 1,500 employees from its global technology and in-house advertising teams, reports say.
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