President Donald J. Trump walks from Marine One to the Oval Office as he returns on the South Lawn at the White House in Washington, DC. Jabin Botsford | The Washington Post | Getty Images President Donald Trump said Thursday’s trade talks between the U.S. and China went well as […]
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Walmart’s US president Greg Foran to depart, with Sam’s Club CEO John Furner taking over
Walmart said Thursday that its president and CEO in the U.S., Greg Foran, is stepping down, to be replaced by the head of its wholesale Sam’s Club business, John Furner. Foran is leaving to become CEO at Air New Zealand Limited, the company said in a press release. The move […]
‘How do you know we’re not investigating?’ Calif. AG says after sitting out multi-state Google probe
California Attorney General, Xavier Becerra. Mandel Ngan | AFP | Getty Images When attorneys general from 50 states and territories announced a joint antitrust investigation into Google, many were left with one big question: Why isn’t California investigating? On Thursday, California attorney general Xavier Becerra answered that question with one […]
GM CEO Barra met with UAW on Wednesday as strike continues
Mary Barra, CEO, General Motors Mary Catherine Wellons | CNBC General Motors CEO Mary Barra met with senior United Auto Workers officials on Wednesday to discuss the company’s most recent proposal aimed at ending a more than three-week-old strike that has cost the largest U.S. automaker more than $1 billion […]
How Supreme went from a small NYC skateboard shop to a $1 billion global phenomenon
Supreme is the rare brand that can inspire the same level of extreme devotion from private equity billionaires and streetwear aficionados. The 25-year-old skateboarding and apparel brand is famously shy about publicity and it only has 11 stores (soon to be 12) around the world. But that doesn’t stop throngs […]
The head of stores at Victoria’s Secret to step down
Pedestrians walk past a Victoria’s Secret LLC store, a subsidiary of L Brands Inc., in New York. Craig Warga | Bloomberg | Getty Images The head of Victoria’s Secret’s stores and store operations is stepping down, CNBC has learned. April Holt, who has been with L Brands’ lingerie division for […]
PG&E power outage could cost the California economy more than $2 billion
A customer shops for groceries at La Tapatia Market during a blackout in Napa, California, on Wednesday, Oct. 9, 2019. David Paul Morris | Bloomberg | Getty Images The economic impact of PG&E‘s preventative power cuts could be upwards of $2 billion, according to some estimates. The state’s largest utility […]
Google Maps now gives better voice directions for people with impaired vision
Google’s Wakana Sugiyama Google Google on Thursday announced an update for Google Maps on iPhone and Android that improves voice guidance for people with impaired vision. If you turn the feature on, you’ll get more detailed voice guidance. It might even be useful for folks with perfect vision traveling somewhere […]
Big Wall Street firms could up their passive investments to 50% in the next few years: Expert
It may be time to get passive aggressive. The “active vs. passive” investing debate has held strong among Wall Street money managers for years, with passive consistently outperforming active over long time periods despite active management charging higher fees. S&P Dow Jones Indices’ most recent global SPIVA report, which stands […]
How much you’ll need to invest each month to retire with $3 million at age 20, 30, 40 and beyond
Three million dollars sounds like a lot of money. And for the 22% of Americans who say they have less than $5,000 set aside for retirement, saving that much may seem like an impossible goal to work toward. But what if you could retire with $3 million by the time you […]