#Walmart

19 Feburary.New York, NY, USA
Global equities have enjoyed bumper gains on mounting confidence. (Photo Credit: AP/PTI Photo)

  • All three major indices on Wall Street- Dow, S&P 500 and Nasdaq- finished lower
  • New US jobless claims rose 13,000 in the week ended February 13, to 861,000
  • For Walmart shares fell 6.5%

18 Feburary.Los Angeles, CA, USA
The wage increases will lift Walmart's US employee average wage to above $15 per hour. (Photo Credit: Twitter/@walmart)

  • Walmart will ramp up investments on automation and supply chain improvements
  • It will boost wages for some 425,000 US workers
  • The company projected capital spending of $14 billion in fiscal 2022

14 Feburary.Washington D.C., DC, USA
Vaccination efforts in the country have now received another shot in the arm with pharmacies entering the fray. (Representative Image: Unsplash)

  • Major pharmacy chains are now offering COVID-19 vaccine to general public
  • Publix is taking appointments from February 10 to give the Moderna vaccine to eligible candidates
  • COVID-19 vaccination is available in Walmart pharmacies in 22 states

10 Feburary.Washington D.C., DC, USA
Previously, in August 2020, former president Donald Trump had also flagged national security concerns over TikTok's operations in the country. (Photo Credit: Unsplash)

  • TikTok has been in conversation with Walmart and Oracle since September to confirm a deal
  • ByteDance finds itself in a legal battle with the US government
  • TikTok has more than 100 million users in the United States

10 Feburary.Washington D.C., DC, USA
The stimulus package proposed by the US President is worth $1.9 trillion (Photo Credit AP / PTI)

  • The meeting included top executives from JPMorgan, Walmart, Gap and Lowe's 
  • Treasury Secretary Janet Yellen also attended the meeting
  • Biden said, "We're approaching this issue to see if we can find some common ground"

15 January.Punjab, India
The farmers protests shut down the Reliance and Walmart shops for more than three months. (Photo: PTI)

  • Farmers from states such as Punjab, Haryana, and Uttar Pradesh have been protesting for more than 50 days now
  • 100 Reliance retail stores and Walmart's 50,000 square-feet wholsale outlet in Bathinda have remained closed
  • The farmers demands include complete repealing of the laws and ensuring Minimum Support Price (MSP) for their crops

13 January.Washington D.C., DC, USA
Violent protesters, loyal to President Donald Trump, storm the Capitol, Wednesday, Jan. 6, 2021, in Washington. (AP/PTI Photo)

  • After every election cycle, Walmart reviews its political giving, a Walmart spokesman said
  • Walmart's move follow the suit of other blue-chip companies, including T&T, Amazon, and Mastercard
  • General Motors on Tuesday said it has paused all its political fundings over the last week's event at the Capitol

13 January.New York, NY, USA
US markets gain as people bet on government stimulus and COVID-19 vaccines (Picture Credits: Representational Image/Unsplash)

  • Dow Jones, S&P 500 and Nasdaq gained 0.2%, 0.1% and 0.3% respectively 
  • Companies like Apache, United Airlines and Caterpillar gained significantly
  • Walmart also gained 1.1% with the announcement of its new fintech startup

23 December 2020.Washington D.C., DC, USA
Walmart has been held responsible for deepening opioid crisis in the US. (Picture Credits: Representational Image/Unsplash)

  • The suit accuses Walmart of irresponsible handling of orders for opiod prescriptions
  • Authorities could seek up to billions of dollars in penalties
  • Walmart filed its own lawsuit against the DOJ in October that argued that the US crackdown put it in a no-win position

21 December 2020.United States
Picture credits: Representational image/Unsplash

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