Walmart Inc
Corporate America shelled out millions for Trump’s inauguration. Now he’s upending many of their businesses
U.S. President Donald Trump delivers remarks at the Business Roundtable’s quarterly meeting at the Business Roundtable headquarters on March 11, 2025 in Washington, DC. Andrew Harnik | Getty Images America’s richest and most powerful companies shelled out millions to fund President Donald Trump’s inauguration festivities. Three months later, some may be asking whether the famously […]
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Inside the $1 billion berry startup backed by Ray Dalio’s family office
Sales of Fruitist’s jumbo blueberries have tripled over the last 12 months, according to the company. Source: Fruitist Berry unicorn startup Fruitist has surpassed $400 million in annual sales, thanks to the success of its long-lasting jumbo blueberries. The company, which was founded in 2012, announced on Tuesday that it is changing its name from […]
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Trump to host Walmart CEO, Target and Home Depot execs for WH tariff meeting
President Donald Trump listens to reporters’ questions as he meets with Italian Prime Minister Giorgia Meloni in the Oval Office at the White House on April 17, 2025 in Washington, DC. Win Mcnamee | Getty Images President Donald Trump will meet Monday afternoon with Walmart CEO Doug McMillon, a White House official told CNBC, as […]
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Target CEO Cornell to meet with Sharpton to discuss DEI rollback as civil rights leader considers boycott
People walk past Target Store in Midtown Manhattan on March 6, 2025 in New York City, United States. Mostafa Bassim | Anadolu | Getty Images Target CEO Brian Cornell will meet with the Rev. Al Sharpton this week in New York as the retailer faces calls for a boycott and a slowdown in foot traffic […]
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Proposed SNAP cuts could pressure low-income shoppers — and retailers that serve them
Shoppers at the Walmart Supercenter in Burbank in Burbank Thursday, Nov. 21, 2024. Allen J. Schaben | Los Angeles Times | Getty Images For millions of low-income Americans — already rattled by the threat of tariffs and higher prices — changes to a program that helps with grocery costs could make life more expensive. House […]
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Earnings season ramps up next week with no certainty for Wall Street on trade
The roller-coaster ride the stock market has been on is unlikely to end next week, with earnings ramping up in an environment where investors, companies and consumers have absolutely no certainty as to what will happen next with trade. Wall Street is about to wrap up one of its wildest weeks of trading ever, that […]
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Jamie Dimon says he expects S&P 500 earnings estimates to fall as companies pull guidance
JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, D.C. Evelyn Hockstein | Reuters JPMorgan Chase CEO Jamie Dimon said Friday that he expects estimates for corporate earnings to fall amid the […]
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Trump tariffs mean higher prices, big losses for Amazon sellers that source from China
President Donald Trump’s aggressive tariff policy on April 2 didn’t just cause mayhem in the stock market. It sent Amazon sellers into a panic. Many sellers on Amazon count on China for manufacturing and assembly due to lower costs and established infrastructure – up to 70% of goods on Amazon come from China, according to […]
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Stocks making the biggest moves midday: Apple, Tesla, AbbVie, Delta Air Lines and more
Check out the companies making headlines in midday trading: Apple — Shares rebounded more than 5% on Wednesday after several days of selling pressure on the iPhone maker. Apple manufactures much of its products in China, which has been a key worry for investors in recent days in light of President Donald Trump’s 104% tariff […]
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As warehouse clubs boom, Walmart-owned Sam’s Club plans to open 15 stores per year
Sam’s Club is opening a store in the Dallas area that will require customers to go all digital. Shoppers will use a smartphone app to scan and pay for their own purchases rather than standing in a checkout lane. Sam’s Club DALLAS, Texas — Walmart-owned Sam’s Club plans to supercharge its expansion by opening about […]
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