(CNN) – Walmart is caught in the middle of an escalating trade war between the United States and China. Last week, Bloomberg reported the retail giant was trying to find a solution to its tariff woes by asking some of its Chinese suppliers for significant price cuts to offset the tariffs imposed by President Donald…
US stock futures barely moved after the major indexes slumped following a weak earnings outlook from retail giant Walmart (WMT) during market hours. Futures attached to the major gauges of the S&P 500 (ES=F), Nasdaq (NQ=F), and Dow Jones Industrial Average (YM=F) all hovered around the baseline. CME – Delayed Quote • USD As of…
A retail giant in China is stirring up discussions on social media with controversial new rules that require employees to reject bride prices, forgo extravagant weddings, and avoid depending on their parents for purchasing houses or cars. On November 20, Yu Donglai, founder and chairman of Pang Dong Lai, a retail chain based in central…