Walmart Cfo Says - QuikReader

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 - 10 hours ago

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.

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 - 6 hours ago

Microsoft CFO says OpenAI investment will cut into profit this quarter

Microsoft has invested over $13 billion in OpenAI, a bet that's weighing on the company's profitability.

Business - CNBC - October 31

Google's new CFO makes earnings call debut, says company can 'push a little further' on cost cuts

In her first earnings call as Alphabet CFO, Anat Ashkenazi said more streamlining will be needed so the company can invest in AI.

Business - CNBC - October 30

Volkswagen CFO says 64% drop in profits shows ‘urgent need’ for cost cuts

The German car maker reported a sharp 12% drop in its sales in China as it said it profits were hit by higher fixed costs and €2.2 billion worth of restructuring expenses

Business - MarketWatch - October 30

How to Attract Holiday Shoppers? Target and Walmart Say: Price Cuts and Throwbacks

Big-box retailers are rolling out discounts ahead of the winter shopping season.

Business - Inc. - October 23

No foul play in death of Walmart teen employee found in walk-in oven, police say

No foul play is suspected in the death of the 19-year-old Walmart employee whose body was found in the store’s walk-in oven in Canada last month, police said Monday.

Walmart’s Founder on Motivating Employees

What you can learn from the founder of the largest retailer in the world.

Business - Inc. - 2 days ago

What Germany’s new naval base means for Baltic security

Also in this newsletter: the UK joins the EU in committing to the G7 loan to Ukraine

World - Financial Times - October 22

Societe Generale Taps Sabadell's Alvear as New CFO

The French bank outlined several management changes as it reported a sharp rise in net profit for the third quarter, helped by higher banking income.

Business - The Wall Street Journal - October 31

HSBC embarks on major restructuring, names first female CFO

HSBC has unveiled a major overhaul, announcing a new geographic setup, consolidated operations and a new CFO — the lender's first female finance chief.

Business - CNBC - October 22

Big companies are seeing more turnover in the CFO chair. Here's why that matters

CFO turnover hit 8.9% globally during the period, surpassing levels in 2022 and 2023.

Business - CNBC - October 26

X Names New CFO as Musk Shifts Focus to Trump Administration

Mahmoud Reza Banki, former Tubi finance chief, joins platform amid financial challenges.

Business - The Wall Street Journal - 6 days ago

Walmart to deliver prescriptions nationwide in as little as 30 minutes

Walmart is launching a new service to deliver prescription drugs in 49 U.S. states by the end of January.

Walmart and Amazon threaten US drugstores in prescription delivery

Launch of same-day services adds to pressure on struggling pharmacy chains such as CVS and Walgreens

Business - Financial Times - October 22

Walmart Plans 30-Minute Prescription Deliveries

Medications, other merchandise, and groceries will all be available for rapid drop-off in 20 cities where the retailer is taking on Amazon’s new pharmacies.

Business - Inc. - October 23

$10 OFF Walmart Promo Code for November 2024

Score $10 off your first three pickup or delivery orders with our Walmart coupon or choose from 1,000s of flash deals, up to 65% off today.

Tech - Wired - November 8

17 Early Walmart Black Friday Deals

You don't have to wait for the official sales to begin in order to score Black Friday deals now.

Tech - Wired - 6 days 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 - 11 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 - 15 hours ago

Phunware’s stock slides after CFO steps down and poll puts Harris ahead in Iowa

Shares of Phunware Inc. are down 5.1% after the mobile-advertising company tied to former President Donald Trump’s 2020 campaign said Chief Financial Officer Troy Reisner is stepping down. The news ...

Business - MarketWatch - November 4

Trump Media CFO, two other insiders sell millions of dollars worth of DJT stock

President-elect Donald Trump holds the majority of stock in Trump Media. DJT shares have dramatically fluctuated in value since becoming publicly traded.

Business - CNBC - 6 days ago

Trump Media CFO, two other insiders sell millions of dollars worth of DJT stock

The chief financial officer of Trump Media and two other corporate insiders sold more than $16 million worth of company stock in the week following the presidential election, according to new ...

Canva hires former Zoom CFO Kelly Steckelberg to run finance ahead of expected IPO

Canva's new finance chief Kelly Steckelberg helped take Zoom public five years ago.

Business - CNBC - Yesterday

Walmart will start delivering prescriptions to customers' doorsteps as CVS and Walgreens struggle

Walmart will start delivering medications in six states, but plans to offer prescription delivery in nearly every state by the end of January.

Business - CNBC - October 22

19-year-old woman found dead in oven in Canada Walmart

A Canadian Walmart store was closed for a third day Tuesday as police investigated the death of a woman whose body was found inside an oven.

Politics - The Hill - October 22

Target, Walmart and other retailers announce price cuts ahead of holidays

Target says more than 2,000 items are having their prices marked down ahead of holiday season, joining other retailers like Walmart and Aldi who have also announced plans for cheaper costs before ...

Police probe death of Canada Walmart employee found in walk-in oven

A 19-year-old woman was found dead inside the walk-in oven of a Walmart store in eastern Canada.

Kroger and Walmart Deny ‘Surge Pricing’ After Adopting Digital Price Tags

Some members of Congress have expressed concerns that stores will monitor customers and raise prices. Business experts say the technology has not raised customers’ grocery bills.

Business - The New York Times - October 23