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Walmart Reports 4.8% Revenue Growth, Driven by Rising Consumer Spending

Walmart Reports 4.8% Revenue Growth, Driven by Rising Consumer Spending

Walmart's Q2 revenue hit $169.34 billion, exceeding expectations, with a 4.8% increase from last year and a 9.8% rise in adjusted earnings per share.


China to Limit Exports of Antimony, Used in Batteries and Weapons, to Protect National Security

China will restrict antimony exports starting September 15, requiring licenses to safeguard national security and meet non-proliferation commitments.

Johnson & Johnson Plans Bankruptcy Filing to Finalize $6.48 Billion Talc Settlement

Johnson & Johnson is nearly announcing a $6.48 billion settlement to resolve talc-related cancer claims, with at least 75% of claimants supporting the deal. He plans to use a bankruptcy strategy to settle all current and future claims.

New Medicare Drug Prices Set to Save $1.5 Billion for Patients in 2026

Biden administration announced that new negotiated prices for ten costly prescription drugs will save Medicare $6 billion and beneficiaries $1.5 billion starting in January 2026.


Latest News

Aaron Sutherland, Founder of Jetsetter
Tired of relying on filtered photos and biased reviews when planning your luxury getaways? Aaron Sutherland, a seasoned travel expert and serial entrepreneur, is changing the game with Jetsetter. This innovative platform combines cutting-edge VR technology with Sutherland's deep industry knowledge to provide travelers with unprecedented access to the world's most exclusive destinations.
Scotland-England Electric Link to Power 2 Million Homes, Construction Starts 2028
Regulators have approved a £4.3 billion subsea cable project between Scotland and England, designed to enhance renewable energy transfer and boost energy security.
Huawei Prepares AI Chip to Rival Nvidia in China, Possibly Generating $2 Billion in Orders
Huawei is set to launch its Ascend 910C AI chip, designed to rival Nvidia’s restricted H100, with initial orders expected to top $2 billion.
Trump Seeks $100M in Damages Against DOJ Over FBI Mar-a-Lago Search
Donald Trump plans to file a $100 million lawsuit against the DOJ and FBI, alleging political bias in their search of his Mar-a-Lago estate.
From Section 8 Employee to Empire: Karim Naoum's Journey in Section 8 Rentals
Thanks to his knowledge of the Section 8 program, Karim Naoum, better known as Section 8 Karim, is creating quite a stir in the rental property market. Karim started his profession in his early twenties and has worked to change the perception of Section 8 tenants while also achieving his own financial freedom.
Savitha Sridharan, Founder of Orora Global Inc.
Most of us can't imagine a world without lights, refrigeration, air conditioning, and the ability to charge our cellular devices. For millions of people living in developing countries, electricity is a luxury they do not have access to; in Asia and India alone, there are nearly 600 million people who live without electricity. Recognizing this lack, computer engineer, MBA holder, ultramarathoner, and entrepreneur Savitha Sridharan founded Orora Global Inc. to address energy poverty and ultimately promote equitable and sustainable development that empowers women, children, and families around the world.
CEEK VR: Delivering Scalable, Immersive Education Across the Globe
CEEK's AI-powered immersive platform organically integrates the CEEK token into learning experiences, creating a dynamic ecosystem that captivates learners and rewards achievement through personalized, adaptive content and exclusive experiences.
VENEZUELA-CRISIS-ECONOMY-CURRENCY
Around $2.3 billion in dollar and euro banknotes have entered Russia since March 2022, with the country circumventing US sanctions through intermediary countries.
Markets Await Inflation Data to Guide Federal Reserve's Rate Cut Decision
As markets await crucial inflation data this week, investors hope it will allow the Federal Reserve to implement its anticipated interest rate cut next month amid recent market stability.
Bharti Acquires 24.5% Stake in BT for $4 Billion, Strengthening 5G and AI Collaboration
Bharti, the parent company of Airtel, has become British Telecom (BT)'s largest shareholder by acquiring a 24.5% stake for $4 billion to strengthen 5G and AI collaboration.
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