Walmart
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Türkiye back on radar of int’l investors
As predictability has increased, Türkiye is now back on international investors' radar, says Murat Özyeğin, the head of the Türkiye-U.S. Business Council (TAİK).
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Voters divided over who can fix ‘poor American economy’
A family shops for Halloween candy at a Walmart Supercenter on Oct. 16, 2024 in Austin, Texas.
Voters remain largely divided over whether they prefer Republican Donald Trump or Democrat Kamala Harris to handle key economic issues, although Harris earns slightly better marks on elements such as taxes for the middle class, according to a new poll.
Alice Walton: How the Walmart heiress became the richest woman in the world
Alice Walton, the sole female heir to the untold fortune of Walmart, is now the richest woman in the world.
Lifetime Ticket to the Skies: How a $500,000 Investment Secured Unlimited Air Travel for One Man
If someone were to ask, “What would you do with half a million dollars?” the most likely answer—at least in theory—might be: “Travel the world.”
Yet, one man has turned the dream of endless travel into reality, spending his half-million dollars in a way that has carried him far beyond what most people could ever imagine.
Food firms’ American dream
Serres-based dairy company Kri Kri is already in the process of sending the first shipments of Greek frozen yogurt to the other side of the Atlantic.
Although this step was expected from next year, its presence at the recent International Dairy Deli Bakery Association Show in Houston, Texas seems to have opened the doors to the Greek company earlier.
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Climate activists target luxury
Climate activists have spraypainted a superyacht, blocked private jets from taking off and plugged holes in golf courses this summer as part of an intensifying campaign against the emissions-spewing lifestyles of the ultrawealthy.
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Higher costs dent Nike profits
Nike reported a drop in quarterly profits on June 30 despite higher sales due to the drag from increased costs and the liquidation of unwanted merchandise.
The sports giant reported profits $1.0 billion for the quarter ending May 31, down 28 percent from the year-ago period.
Revenues rose 5 percent to $12.8 billion.
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Baby Shark toys recalled as kids were cut or stabbed
About 7.5 million singing and swimming "Baby Shark" bath toys are being recalled after multiple lacerations and puncture wounds were reported in children playing with them.
Zuru, an El Segundo, California-based toymaker, said it's recalling both full-size and mini versions of its robotic baby shark toys that have hard plastic top fins, which pose the injury risks.
Walmart lifts wages at US stores again
Walmart announced on Jan. 24 it will again raise pay for hourly staff, an indication of persistent tightness in the labor market for front-line employees despite layoffs in the tech sector.
The retail giant, the biggest private employer in the United States, is boosting the pay range at U.S. stores to between $14 and $19 an hour from the prior $12 to $18 an hour.
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Kroger unveils $24.6 bln deal to create supermarket giant
Grocery chain Kroger will acquire smaller rival Albertsons in a $24.6 billion transaction has announced that would create a supermarket giant but could face tough regulatory scrutiny.