Walmart Inc
IBM CEO Krishna says Iran, other uncertainty is weighing on company’s outlook
IBM CEO Arvind Krishna speaks at the SXSW conference in Austin, Texas, on March 11, 2025. Andy Wenstrand | Sxsw Conference & Festivals | Getty Images International Business Machines CEO Arvind Krishna told CNBC on Wednesday that the Iran war and other geopolitical uncertainty are leading the company to guide cautiously. IBM beat analyst first-quarter […]
Read More
Apple’s next CEO, Warsh’s confirmation hearing, the psychedelic stock surge and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Tuesday. President Donald Trump will join CNBC’s “Squawk Box” for a live interview at 8:30 a.m. ET this morning. Watch live on CNBC or CNBC+. Stock futures are rising after a down day on Wall Street. Here are five key things […]
Read More
Amazon ‘strong-armed’ Levi’s, Hanes to hike prices on rival sites, California DA says
Packages with the logo of Amazon are transported at a packing station of a redistribution center of Amazon in Horn-Bad Meinberg, western Germany, on Dec. 9, 2024. Ina Fassbender | Afp | Getty Images Amazon pressured major brands like Levi Strauss & Co and Hanes to inflate prices of listings on rival online marketplaces as […]
Read More
Tariff refunds begin on Monday. These retailers are due big paydays
U.S. importers, ranging from Target to Walmart, are due more than $160 billion in tariff refunds following a February Supreme Court decision as the Trump administration launches its claims filing portal Monday. Hopes are high for a smooth launch of the system that will facilitate the refunds, but companies and Wall Street analysts are tempering […]
Read More
Walmart is refreshing the look of Great Value, its largest private label brand
Walmart‘s largest private brand, Great Value, is getting a fresh look. Starting in May, the brand’s approximately 10,000 items that span from LED lightbulbs to gallons of milk and frozen chicken nuggets will hit the shelves in new packaging, the company announced Wednesday. Walmart first launched the brand in 1993 and hasn’t changed its look […]
Read More
Starbucks launches beta app in ChatGPT to fuel new drink discovery
A sample prompt in ChatGPT using Starbucks’ beta app Source: Starbucks Starbucks has launched a beta app in ChatGPT to provide inspiration for customers’ drink orders, the company said Wednesday. To use the beta app, customers need to enable the Starbucks app through ChatGPT’s app directory and then enter a prompt on the chatbot that […]
Read More
As millions lose weight on GLP-1s, they’re starting to turn to retailers to refresh their wardrobes
Michelle Suter has worn mostly big and baggy clothing for years. The 63-year-old retiree who lives in a suburb of St. Louis, Missouri gave away her favorite sundresses and other form-fitting outfits, thinking she’d never be those smaller sizes again. Now, after losing about 28 pounds while taking GLP-1 drug Wegovy, she said she has […]
Read More