One would have thought that a Walmart guidance cut was already priced into the stock. But clearly, it was not.
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Walmart’s profit warning shows inflation is still a big problem. Here’s our take
Business
Kraft Heinz pauses work to split the company as new CEO says ‘challenges are fixable’
Kraft Heinz in September 2025 announced plans to split into two separately traded companies, reversing its 2015 megamerger, which was orchestrated by billionaire investor Warren Buffett. Justin Sullivan | Getty Images News | Getty Images Kraft Heinz on Wednesday said that it is pausing work on its previously announced plans to split the company. Shares […]
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Moderna says FDA refuses to review its application for experimental flu shot
A researcher works in the lab at the Moderna Inc. headquarters in Cambridge, Massachusetts, US, on Tuesday, March 26, 2024. Adam Glanzman | Bloomberg | Getty Images The Food and Drug Administration has refused to start a review of Moderna‘s application for its experimental flu shot, the company announced Tuesday, in another sign of the […]
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Estee Lauder sues Walmart alleging ‘despicable’ sale of counterfeit beauty products
Walmart Inc. signage during the company’s listing at the Nasdaq MarketSite in New York, US, on Tuesday, Dec. 9, 2025. Michael Nagle | Bloomberg | Getty Images Estee Lauder sued Walmart in California federal court over allegations the big-box retailer sold counterfeit beauty products on its website and didn’t do enough to ensure only authorized […]
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