Walmart is reportedly laying off hundreds of corporate employees and requesting all its remote workers to move to the company's offices.
Sectors
AMC Raises $250 Million in Stock Sale as Meme Stock Surge
AMC Entertainment successfully concluded a $250 million stock sale on Monday, thanks to the resurgence of the meme stock craze, which saw shares skyrocket by 90%.
Biden Orders China-Backed Crypto Miner to Sell Land Near Nuclear Base Due To Espionage Risks
The Biden administration ordered a Chinese-backed cryptocurrency mining company to sell its land near a Wyoming nuclear missile base due to national security after the US Committee on Foreign Investment in the United States (CFIUS) investigation.
Obesity Drug Wegovy Reduces Risk of Heart Attack, Stroke, Despite Not Contributing Much to Patient’s Weight Loss, Study Finds
Researchers have discovered that anti-obesity injections may significantly decrease the likelihood of heart attacks, strokes, or heart failure in individuals who are obese, regardless of the amount of weight they shed while taking the medication.
P&G to Promote Individual Brands at 2024 Olympics Instead of Corporate Name
Procter & Gamble will shift its focus from corporate branding to individual product brands, such as Pampers and Gillette, in its advertising for the Paris 2024 Olympics.
Latest News
The OpenAI Startup Fund has successfully raised an additional $5 million. The OpenAI Startup Fund has successfully raised an additional $5 million, according to a filing with the US Securities and Exchange Commission (SEC).
Anglo American decided on abandoning its diamond, platinum, and coal operations in order to realign its operations on nickel and avoid acquisitions offered by BHP Group.
Japanese Finance Minister Shunichi Suzuki told reporters about the importance of the government cooperating and coordinating its financial goals with the Bank of Japan.
President Joe Biden has signed a bipartisan bill that bans imports of enriched uranium from Russia. Uranium is the fuel most used by nuclear power plants.
Union leaders and lawmakers on Monday strongly criticized Boeing for locking out its unionized firefighters and urged the company to reach a fair contract agreement.
Red Lobster is unexpectedly shutting 48 US locations, liquidating its assets via an online auction. A sign is posted in front of a Red Lobster restaurant on May 16, 2014 in San Bruno, California.
Corporate greed is not the main driver of US inflation, according to a new study released by the Federal Reserve Bank of San Francisco.
Sony named Hermen Hulst and Hideaki Nishino PlayStation division CEOs starting on June 1, replacing Jim Ryan.
Tesla CEO Elon Musk recently implemented a series of layoffs across the company, which unfortunately affected the entire team responsible for the brand's Supercharger technology.
