In Challenge to Amazon, Walmart Will Deliver Groceries in Over 100 Cities
Walmart will deliver groceries in 100 cites as a challenge to Amazon.com and its Whole Foods operation.
All Work
Douglas A. McIntyre
6 Most Important Things in Business Today
Walmart to begin free delivery of groceries, Remington plans to go bankrupt, Google to ban cryptocurrency ads, and other important headlines.
The Dow Rockets Toward 30,000, With 18% to Go
With the Dow Jones industrial average just needs to run up another 18% to reach 30,000. Based on its 52-week trading range, it could easily get there.
Bank of America CEO Made 250 Times Average Employee
Bank of America CEO Brian T. Moynihan made $21.8 million in 2017, or 250 times as much as the bank employee's median compensation for the year.
6 Most Important Things in Business Today
The U.S. deficit hit a multiyear high, top executives at General Electric did not get bonuses last year, President Trump killed a potential deal for Broadcom to buy Qualcomm, and other important headlines.
Trump Slaughters Broadcom Deal to Buy Qualcomm
So much for the big payday several investment bankers and M&A lawyers expected from a Broadcom offer to buy Qualcomm. The Trump White House nixed the deal.
Can Volkswagen’s Plan to Become a US Car Company Work?
The new head of Volkswagen's U.S. operations believes that if the German car company's American unit can become more American, it can solve its sales problems here. The plan has flaws.
How Much Will a Fatal Accident Set Back Self-Driving Cars?
Marketing efforts of self-driving car companies include that the vehicles will be safer than those operated by humans. However, a fatal accident could jar the public's belief that claim is true.
6 Most Important Things in Business Today
The executive chairman of DowDuPoint will step down, the Saudi Aramco initial public offering may be delayed again, and other important headlines.
Nike and Other Sponsors See Comeback in Tiger Woods Success
Tiger Woods, who may be the best golfer in history, has been hampered by injuries for the better part of two years and has not won since the 2013 WGC Bridgestone Invitational. He finds…
As Toys ‘R’ Us Collapses, Walmart Massive Toy Business Thrives
There has been a great deal of speculation about which retailers will benefit from the likely collapse of the Toys “R” Us domestic operation. At or near the top of the list, Walmart (NASDAQ:…
Most of 7 States That Have Lost Jobs Since Recession Are Shrinking
While there is no proof that the job loss and population loss are directly related, it would appear that there might be some correlation.
4 Out of the World’s 50 Most Dangerous Cities Are in the US
Four of the world's 50 most dangerous cities are in the United States: St. Louis, Baltimore, New Orleans and Detroit.
Black Unemployment 86% Higher Than White
The unemployment rate of black Americans was again sharply higher than among white Americans, according to the February data released by the Bureau of Labor Statistics.
Tesla’s Elon Musk Uses Twitter to Beg Trump for Help
Elon Musk, CEO of Tesla, has taken to Twitter and essentially begged the U.S. president to help his company with trade problems with China.
Americans Have Up to $1.1 Billion in Unclaimed Tax Refunds
IRS data show that Americans may have as much as $1.1 billion in unclaimed refunds for the 2014 tax year and a limited time to claim those refunds.
After 70 Years, Toys ‘R’ Us May Close
Retailers that have been at the center of American retail, sometimes for over a century, have been cast aside by customers who show that often brand does not matter.
Disney Board Tries to Support CEO Iger’s Massive Pay Package
As compensation for American public company CEOs has routinely reached tens of millions of dollars, shareholder activists, and in some cases institutional investors, have attacked boards for the size of those pay packages.
5 Most Important Things in Business Today
GM may have to pay a billion dollars to settle claims, Toys "R" Us may close all of its U.S. stores, Wynn Resorts settled a multibillion-dollar lawsuit, and other important headlines.
February Job Cuts Plunge
The modest level of announced job cuts by large companies in February is historic, according to Challenger, Gray & Christmas.