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September 22, 2021

Walmart Inc

Elizabeth Holmes’ private texts reveal she described herself as the ‘best business person of the year’

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CNBC – For more and to sign up click here Former Theranos CEO Elizabeth Holmes believed in herself so much that she wrote in a text message to Ramesh “Sunny” Balwani proclaiming that she had “total confidence in myself best business person of the year.” The message to her then-boyfriend......

Large employers launch telemedicine program to tackle Black health disparities

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CNBC – For more and to sign up click here A patient at Walmart Health Source: Walmart Walmart, the nation’s largest employer, is joining with telemedicine firm Grand Rounds and Doctor on Demand to launch a targeted program to tackle health disparities among African American workers. “We have nearly 300,000......

Amazon is piling ads into search results and top consumer brands are paying up for prominent placement

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CNBC – For more and to sign up click here The Amazon logo displayed on a smartphone and a PC screen. Pavlo Gonchar | LightRocket via Getty Images Search for “toothpaste” on Amazon, and the top of the web page will show you a mix of popular brands like Colgate,......

Walmart to test self-driving cars in multiple cities with Ford and Argo AI

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CNBC – For more and to sign up click here Ford Motor plans to launch its self-driving vehicle businesses in 2022 with vehicles based on its Escape Hybrid crossover. Ford Walmart is expanding its self-driving vehicle program to include Ford Motor and Argo AI, an autonomous car start-up backed by......

Fewer deals and shipping delays: Here are some early predictions for the holiday season

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CNBC – For more and to sign up click here A person wears a face mask while carrying shopping bags in Columbus Circle on November 28, 2020 in New York City. Noam Galai | Getty Images Shoppers have shown an eagerness to spend on new clothes, electronics and jewelry, in......

Walmart says crypto payments announcement is fake. Litecoin tumbles after spike

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CNBC – For more and to sign up click here Customers shop at a Walmart store on August 04, 2021 in Houston, Texas. Brandon Bell | Getty Images Cryptocurrency litecoin gave up a 20% gain and tumbled back to earth following a fake press release sent out by GlobeNewswire that......

Impossible Foods launches chicken substitute in U.S. restaurants, announces grocery release

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CNBC – For more and to sign up click here Impossible Foods’ chicken substitute at Fuku Source: Katelyn Perry Impossible Foods on Tuesday launched its meatless chicken nuggets in restaurants and announced plans to bring the new offering to supermarkets by the end of the month. In the last decade,......

Walmart hikes hourly pay by $1 for more than 550,000 workers ahead of the holidays

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CNBC – For more and to sign up click here Florida, Miami, Walmart discount department store, check out lines. Jeff Greenberg | Universal Images Group | Getty Images Walmart said Thursday that it is raising the hourly wages for more than 565,000 store workers by at least $1, as the......

Many companies are offering generous tuition assistance so workers can go back to college

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CNBC – For more and to sign up click here Since the start of the pandemic, some workers have had to put their higher education goals on hold. Now, more companies are trying to help revive those college aspirations. Target and Walmart recently announced tuition reimbursement programs to help employees with the......

Walmart aims to hire 20,000 supply chain employees as it ramps up for the holiday season

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CNBC – For more and to sign up click here A shopper loads items into a vehicle outside a Walmart store in San Leandro, California, U.S., on Thursday, May 13, 2021. David Paul Morris | Bloomberg | Getty Images Walmart said Wednesday it plans to hire 20,000 employees to help......

Elizabeth Holmes, one-time billionaire and media darling, goes on trial

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CNBC – For more and to sign up click here Former Theranos CEO Elizabeth Holmes leaves after a hearing at a federal court in San Jose, California, July 17, 2019. Stephen Lam | Reuters Nearly a decade ago, Elizabeth Holmes was proclaimed the golden girl of Silicon Valley, and briefly......

Affirm shares soar after Amazon partnership that lets consumers buy expensive things in installments

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CNBC – For more and to sign up click here An Amazon employee sorts boxes before loading them onto trucks for shipping at Amazon.com’s fulfillment Center in Fernley, Nevada. Ken James | Bloomberg | Getty Images Shares of Affirm on Monday jumped more than 44% after the buy now, pay......

Amazon’s biggest, hardest-to-solve ESG issue may be its own workers

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CNBC – For more and to sign up click here Amazon warehouse working conditions and worker injuries have been a constant source of tension between the corporate giant and its critics. A new safety and wellness program is rolling out to all U.S. sites by year-end as Jeff Bezos’s company......

Walmart should be under tighter scrutiny because of wrongful firing of employee with Down syndrome, EEOC says

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CNBC – For more and to sign up click here Exterior view of a Walmart store on August 23, 2020 in North Bergen, New Jersey. Walmart saw its profits jump in latest quarter as e-commerce sales surged during the coronavirus pandemic. VIEW press | Corbis News | Getty Images A......

Affirm shares soar more than 40% on news of Amazon partnership for buy now, pay later

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CNBC – For more and to sign up click here Affirm founder and CEO Max Levchin David Paul Morris | Bloomberg | Getty Images Amazon is getting into the buy now, pay later space. The e-commerce giant is partnering with Affirm for its first-ever installment payments option on the popular......

Walgreens Boots Alliance announces fresh slate of executives, as new CEO Roz Brewer assembles team

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CNBC – For more and to sign up click here A person walks outside Duane Reade by Walgreens in Hell’s Kitchen on May 26, 2021 in New York City. Noam Galai | Getty Images Walgreens Boots Alliance announced a fresh slate of top executives on Friday as new CEO Roz......

Housing, jobs and free calls: How businesses are supporting Afghan refugees

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CNBC – For more and to sign up click here Afghan refugees are led to a bus taking them to a refugee processing center upon arrival at Dulles International Airport in Dulles, Virginia August 25, 2021. Kevin Lamarque | Reuters Businesses are rushing to support the thousands of refugees that......

Nuro is building a test track and factory for its delivery robots in Las Vegas

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CNBC – For more and to sign up click here Nuro, a start-up which makes autonomous delivery vehicles, announced Thursday that it’s building a factory and a closed course test-track in Las Vegas, Nevada. Funded by Softbank, Chipotle, Toyota‘s Woven Capital and others, Nuro says its two new commercial facilities......

Dick’s Sporting Goods, other retailers crack code of driving up profits

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CNBC – For more and to sign up click here Dick’s Sporting Goods CEO Lauren Hobart said Wednesday that the company is not only selling more golf clubs and activewear — it has found a formula for driving up profits, even as shoppers buy more online. Hobart’s comments tapped a......

Kohl’s CEO says rumored Amazon department stores won’t ruin its relationship with the e-commerce giant

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CNBC – For more and to sign up click here Kohl’s Chief Executive Officer Michelle Gass Source: Kohl’s Kohl’s Chief Executive Michelle Gass said there is plenty of room for the retailer and for Amazon to operate brick-and-mortar stores. “Retail is vast, and there’s a lot of market to be......

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