Latest in Walmart U.S. CEO on DEI programs, Trump's proposed tariffs and holiday shopping season
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Walmart U.S. CEO on DEI programs, Trump's proposed tariffs and holiday shopping season
John Furner, president and CEO of Walmart U.S., speaks exclusively with "CBS Mornings" about the potential impact of President-elect Donald Trump's tariffs, what to expect this holiday shopping ...Top stories - CBS News - Yesterday -
Walmart U.S. CEO explains the retailer's DEI policy rollback
John Furner, president and CEO of Walmart U.S., talks about the company's decision to scale back its DEI policies.Top stories - CBS News - 17 hours ago -
Walmart Stock Rises on Strong Earnings Ahead of Holiday Shopping Season
The bellwether retailer reported higher-than-expected sales in its latest quarter and upgraded its forecast for the rest of the year.Business - The New York Times - November 19 -
Retailers brace for DEI blowback in lead-up to election, holiday shopping season
Some companies are concerned about attending public DEI events while others are strategizing on how to avoid criticism over their policies and programs.Business - CNBC - November 4 -
Kohl’s Surprise CEO Departure Highlights Holiday Shopping Season Challenges
The retailer’s struggles continue with a leadership shuffle just before Black Friday.Business - Inc. - 19 hours ago -
Walmart Earnings: Holiday Shopping Is Off to a Strong Start
The retailer said sales rose during the most recent quarter, propelled by shoppers buying groceries, home goods and toys—a sign that spending is off to a steady start this holiday season.Business - The Wall Street Journal - November 19 -
Trump's proposed tariffs could raise U.S. grocery prices, analysis finds
Donald Trump's proposed tariffs could raise costs for U.S. consumers, economists say. Here's how much grocery bills could rise.Top stories - CBS News - 5 days ago -
Why some U.S. companies are scaling back DEI programs
Why companies like Ford, Harley Davidson, Tractor Supply, Lowe's and others are scaling back DEI programs.Business - CNBC - 5 days ago -
Retail sales climb again ahead of holiday shopping season. U.S. economy still has momentum.
Sales at retailers rose solidly in October and suggested the economy still has plenty of momentum heading into the holiday shopping season.Business - MarketWatch - November 15 -
Walmart cuts DEI
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Walmart rolls back DEI policies under pressure Walmart will roll back diversity, ...Politics - The Hill - 17 hours ago -
Walmart Holiday Shopping Plans Are Laid Months Before Black Friday
To prepare for ever-longer shopping season, thousands of employees were assembled for a retail jamboree in Florida’s August heat.Business - The New York Times - October 31 -
Walmart rolls back DEI policies
Walmart is set to roll back diversity, equity and inclusion (DEI) policies nationwide, according to conservative activist Robby Starbuck, who said the company changed direction after talks last ...Politics - The Hill - 23 hours ago -
Businesses brace for Trump's proposed tariff hikes
President-elect Donald Trump campaigned on raising tariffs -- especially on products from China -- as a way to boost manufacturing in the U.S. Carter Evans met a California business owner who's ...Top stories - CBS News - November 15 -
Assessing the potential economic impact of Trump's tariff proposals
Americans are bracing for President-elect Donald Trump's proposed tariff hikes on imported goods. CBS News MoneyWatch correspondent Kelly O'Grady looks at the potential economic impact. Then, small ...Top stories - CBS News - November 18 -
Examining the possible impact of Trump's proposed tariffs
President-elect Donald Trump is promising to immediately enact sweeping tariffs on imports from Canada, Mexico and China when his new presidency begins. CBS News MoneyWatch correspondent Kelly ...Top stories - CBS News - 21 hours ago -
4 retail stocks that look good even if the holiday shopping season is soft
Wall Street research firm Telsey Advisory Group is upbeat on Costco, Amazon, Best Buy and TJX Companies.Business - CNBC - November 2 -
Shopify’s stock heads for best day ever on upbeat holiday forecast
A Shopify executive says the company’s latest results showed “continued discipline of balancing both future growth investment and operational leverage.”Business - MarketWatch - November 12 -
Target Stock Plunges After Weak Earnings Report Ahead of Holiday Season
The retailer’s downbeat earnings report, which included lower profit and larger inventory, fell far short of Wall Street’s expectations.Business - The New York Times - 6 days ago -
With 10 Short Words, the CEO of Walmart U.S. Just Taught a Brilliant Leadership Lesson
I can imagine the anxiety and uncertainty could be distracting!Business - Inc. - November 3 -
CEO makes largest-ever donation to 'undervalued' U.S. Soccer women's and girls programs
Businesswoman and philanthropist Michele Kang just made a historic donation to women’s soccer.Top stories - NBC News - 6 days ago -
U.S. Workers Might Be Souring on DEI
According to a new survey from the Pew Research Center, U.S. workers are feeling “slightly more negative” about DEI efforts compared with last year.Business - Inc. - 6 days ago -
Trump's proposed tariffs could raise prices for consumers and slow spending
President-elect Donald Trump has proposed stiff tariffs on imported goods, which could lead to higher prices and softer spending.Business - CNBC - November 6 -
Trump's tariff proposal needs a makeover: A border-adjusted tax
President-elect Donald Trump's proposed tariff policy could be replaced by the Destination-Based Cash Flow Tax, which would tax cash associated with U.S. consumption while exempting cash associated ...Politics - The Hill - November 12 -
Why Trump's tariff proposals have some business owners worried
President-elect Donald Trump campaigned on implementing a blanket tariff of 10% to 20% on all imports, along with an additional 60% or more on goods from China.Top stories - CBS News - November 15 -
Trump's proposed tariffs would raise prices for these products, experts say
“This will directly impact people’s pocketbooks,” one expert said.Top stories - ABC News - November 18 -
Walmart the latest big corporation to scale back DEI policies
Walmart is rolling back its diversity, equity and inclusion policies, joining a growing list of major corporations doing the same after coming under attack by conservative activists.Top stories - CBS News - 23 hours ago -
Walmart Joins Growing List of Companies Dropping DEI Policies
The retailing giant became the biggest employer yet to back away from diversity and inclusion commitments following a conservative pressure campaign.Business - Inc. - 22 hours ago -
Here's why Trump thinks tariffs are good for the U.S.
President-elect Donald Trump is proposing sweeping new tariffs on Mexico, Canada and China as soon as he takes office. Here's why.Top stories - CBS News - 13 hours ago -
WeatherTech CEO David MacNeil reacts to Trump tariff plan
WeatherTech CEO David MacNeil talks to NBC News' Tom Llamas about his thoughts on President-elects Donald Trump's proposed 25% tariffs on goods imported from Mexico and Canada.Politics - NBC News - 11 hours ago -
'Slow shopping' can save you money this holiday season. Here’s how it works
The trend toward making more mindful buying decisions can help you avoid impulse purchases and debt over the peak shopping season.Business - CNBC - October 31 -
Walmart may have to raise some prices if Trump tariffs take effect, CFO says
The discounter's comments are the latest warning from retail leaders about the potential impact of the tariffs.Business - CNBC - November 19 -
Walmart will likely raise some prices if Trump tariffs take effect, CFO says
Walmart’s CFO John David Rainey said the retailer would likely have to raise prices on some items if President-elect Donald Trump’s proposed tariffs take effect.Top stories - NBC News - November 19 -
Walmart CFO says some prices might rise if Trump's tariffs take effect
A Walmart executive warned that President-elect Trump’s plans to raise tariffs on imports could drive the retail giant to increase the price of store items. “We never want to raise prices,” ...Politics - The Hill - November 19 -
What to know about the potential impact of President-elect Trump's proposed tariff plan
CBS News business analyst Jill Schlesinger speaks with "CBS Mornings" about President-elect Donald Trump's proposed tariffs and what they could mean for consumers.Top stories - CBS News - 23 hours ago -
Trump's proposed tariff increases would boost inflation by nearly 1%, Goldman Sachs estimates
The proposed tariffs on China, Canada and Mexico could raise prices for United States consumers, according to Goldman.Business - CNBC - 20 hours ago -
U.S. Farmers Brace for New Trump Trade Wars Amid Tariff Threats
Despite their concerns, some farm operators still support the former president and prefer his overall economic plan.Business - The New York Times - November 4