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January 20, 2021

Walmart Inc

MyPillow’s CEO, a Trump supporter, says Bed Bath & Beyond, Kohl’s stopped selling his products

CNBC
CNBC – For more and to sign up click here My Pillow CEO Michael Lindell is seen outside the door of the West Wing at the White House on Friday, Jan 15, 2021 in Washington, DC. Jabin Botsford | The Washington Post | Getty Images MyPillow CEO Mike Lindell, who......

Op-ed: The surest way to end corporate America’s love affair with money in politics

CNBC
CNBC – For more and to sign up click here Supporters of U.S. President Donald Trump protest in front of the U.S. Capitol Building in Washington, January 6, 2021. Stephanie Keith | Reuters Somewhere at the intersection of media and politics, violence has grown in the Grand Old Party. And......

Walmart’s e-commerce chief Marc Lore to leave after jumpstarting retailer’s digital business

CNBC
CNBC – For more and to sign up click here Marc Lore, CEO, Walmart eCommerce Scott Mlyn | CNBC Walmart’s U.S. e-commerce business leader Marc Lore is leaving the big-box retailer, nearly five years after it looked to the serial entrepreneur to help accelerate its online business, according a filing......

How IBM influences policy without spending big money on election campaigns

CNBC
CNBC – For more and to sign up click here Trump supporters stand on the U.S. Capitol Police armored vehicle as others take over the steps of the Capitol on Wednesday, Jan. 6, 2021, as the Congress works to certify the electoral college votes. Bill Clark | CQ-Roll Call, Inc.......

Online clothing reseller Poshmark jumps more than 130% as it begins trading

CNBC
CNBC – For more and to sign up click here Rafael Henrique | LightRocket | Getty Images Shares of online clothing reseller Poshmark popped more than 130% in the company’s market debut Thursday. The stock began trading at $97.50 per share. On Wednesday, Poshmark priced its IPO at $42 a......

Nordstrom shares drop as retailer says holiday sales tumbled 22%

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CNBC – For more and to sign up click here A person walks into the Nordstrom store open for business as New York City moves into Phase 2 of re-opening following restrictions imposed to curb the coronavirus pandemic on June 29, 2020 in New York, New York. Rob Kim |......

Max Levchin’s Affirm pops nearly 100% in market debut

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CNBC – For more and to sign up click here Affirm Holdings Inc. website home screen on a laptop computer in an arranged photograph taken in Little Falls, New Jersey, U.S., on Wednesday, Dec. 9, 2020. Gabby Jones | Bloomberg | Getty Images Shares of payments company Affirm soared 98%......

Capitol riot reaction: Corporations and the future of political donations

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CNBC – For more and to sign up click here Members of U.S. Capitol Police try to fend off a mob of supporters of U.S. President Donald Trump as one of them tries to use a flag like a spear as the supporters storm the U.S. Capitol Building in Washington,......

Capital riot reaction: Corporations and the future of political donations

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CNBC – For more and to sign up click here Members of U.S. Capitol Police try to fend off a mob of supporters of U.S. President Donald Trump as one of them tries to use a flag like a spear as the supporters storm the U.S. Capitol Building in Washington,......

Walmart customers don’t expect a speedy economic recovery, top executive says

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CNBC – For more and to sign up click here Shoppers are seen wearing masks while shopping at a Walmart store in Bradford, Pennsylvania, July 20, 2020. Brendan McDermid | Reuters Walmart Chief Customer Officer Janey Whiteside said Tuesday that many of its shoppers don’t expect the economy to quickly......

Walmart to create fintech start-up with investment firm behind Robinhood

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CNBC – For more and to sign up click here Cars drive past a Walmart store in Washington, DC, on August 18, 2020. Nicholas Kamm | AFP | Getty Images Walmart said Monday that it’s creating a fintech start-up with Ribbit Capital, one of the venture capital firms behind Robinhood.......

Covid vaccinations offer CVS, Walgreens and Rite Aid a chance to showcase how drugstores have changed

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CNBC – For more and to sign up click here Store signs from CVS, Rite Aid and Walgreens stores. Getty Images CVS Health, Walgreens and Rite Aid are getting ready to administer Covid vaccinations in the months ahead, and this effort will give the three largest drugstore chains a chance......

Walgreens shares surge after its earnings top estimates, fueled by higher drug sales

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CNBC – For more and to sign up click here People wear protective face masks outside Walgreens pharmacy in Union Square as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on September 24, 2020 in New York City. Noam Galai | Getty......

Bed Bath & Beyond shares plummet as retailer’s earnings fall short; store closures, divestitures weigh on sales

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CNBC – For more and to sign up click here Bed Bath & Beyond shares plummeted Thursday, after the retailer reported a quarterly sales decline of 5% from a year ago, which it said was largely due to the sale of non-core assets like Cost Plus World Market and ongoing......

The Covid vaccine’s long journey: How doses get from the manufacturing plant to your arm

CNBC
CNBC – For more and to sign up click here Pfizer’s Covid-19 vaccine is pictured at Rady Children’s Hospital before it’s placed back in the refrigerator in San Diego, California on December 15, 2020. Adriana Drehsler | AFP | Getty Images As the death toll from the coronavirus pandemic mounts......

Jim Cramer reveals his 10 investment themes for 2021

CNBC
CNBC – For more and to sign up click here Wall Street on Monday labored through a tough day to open the new trading year, which prompted CNBC’s Jim Cramer to break down the top investing themes he’ll be watching in 2021. Investors should keep secular trends in mind because......

How Walmart plans to take over health care

CNBC
CNBC – For more and to sign up click here Walmart, the world’s largest retailer, wants to be your doctor, too. In September 2019 the company known for its “Everyday Low Prices” launched Walmart Health, a primary care clinic, at a store in Dallas, Georgia. The doctor-run clinic, the first......

Half of U.S. states will raise their minimum wage in 2021—and more pay hikes could be on the way

CNBC
CNBC – For more and to sign up click here People gather together to ask the McDonald’s corporation to raise workers wages to a $15 minimum wage as well as demanding the right to a union on May 23, 2019 in Fort Lauderdale, Florida. Joe Raedle | Getty Images The......

These quarterly winners still offer value and high growth potential, traders say

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CNBC – For more and to sign up click here Can any of this quarter’s top performers stay on their hot streak? Two market analysts went digging for so-called stock market treasures that met the following criteria this week on CNBC’s “Trading Nation”: Attractive valuation (i.e., low multiple) High potential......

Holiday gift-card buying could help boost retail sales in 2021, ex-Walmart exec says

CNBC
CNBC – For more and to sign up click here There may be increased spending on gift cards this holiday season, and that may help boost retail sales next year, former Walmart U.S. President and CEO Bill Simon told CNBC on Thursday. Payment service Blackhawk Network found in a survey that shoppers......

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