Walmart facing backlash over DEI policy reversal as shareholders and Dem officials urge them to reconsider
A group of shareholders and state attorneys general sent letters to Walmart's CEO urging him to reconsider ending its DEI programs after the retailer announced policy changes.
FTC sues PepsiCo, alleges 'rigged' soft drink competition
The FTC files a lawsuit against PepsiCo, alleging it favors one unnamed "large, big box" retailer.
Walmart unveils new logo in first 'brand refresh' in nearly 2 decades
Walmart on Monday unveiled a new logo for the first time in nearly two decades, saying the redesign highlights its evolution while also serving as a nod to its past.
Walmart CEO Doug McMillon meets with Trump on trade relations, investing in US
Walmart CEO Doug McMillon met with President-elect Trump this week at Mar-a-Lago before Trump's inauguration in Washington, D.C., on Jan. 20.
McDonald's latest company to roll back 'woke' DEI policies as trend continues into 2025
McDonald's announced Monday it is scrapping some of its diversity, equity and inclusion (DEI) policies, becoming the latest company to make changes amid activist pressure.
Walmart stock will 'radically outperform' Amazon this year, market expert predicts
Fitz-Gerald Group CIO Keith Fitz-Gerald breaks down his stock pick, explains why Tesla is underestimated and shares his stock selling strategy.
Walmart doubles down on grocery as traditional rivals sputter
Walmart CFO John David Rainey explains why a growing number of customers are turning to them for their grocery needs. Rainey noted the new store experience is part of the reason.
Consumers warned to discard certain bags of Marketside broccoli florets
Braga Fresh advises consumers that listeria may be present in one lot of 12-ounce bags of Marketside broccoli florets. Sales of the potentially contaminated bags occurred at Walmart.
How Walmart is winning with higher-income shoppers
Walmart CFO John David Rainey talked to FOX Business about how the company has been "upleveling" its brand, helping it gain more higher-income shoppers.
Walmart doubles down on grocery business
Walmart CFO explains why consumers are leaning on the company for their grocery needs.
Walmart explains how its gaining higher-income shoppers
Walmart CFO tells Fox Business why it's continually gaining more higher-income shoppers.
Some Walmart employees wearing body cameras in stores for safety
Some Walmart employees in Texas will be testing out body cameras as part of a pilot to ensure employee are safe. The stores will also have signage notifying customers of the cameras.
Walmart is mounting an 'online' attack on Amazon: Keith Fitz-Gerald
Fitz-Gerald Group Chief Investment Officer Keith Fitz-Gerald argues it's time for investors to play offense in the markets on 'Varney & Co.'
5 iconic companies that stepped away from 'diversity, equity, and inclusion' initiatives
Iconic American companies like Walmart and Harley Davidson roll back diversity, equity, and inclusion efforts after vowing to push the mantra in the wake of social unrest in 2020.
Walmart scales back DEI initiatives
O'Leary Ventures Chairman Kevin O'Leary joins ‘The Big Money Show’ to give his take on Walmart’s decision to roll back its DEI initiatives and President-elect Donald Trump’s vow to increase tariffs on Mexico, China, and Canada.
Walmart CEO addresses decision to roll back DEI policies
Walmart U.S. CEO and President John Furner said the retail giant would continue to "make the best decisions" it could for employees and customers to feel like they belong.
Walmart rolls back DEI policies, becoming latest US firm to join growing trend
Retail giant Walmart is the latest U.S. company to walk back diversity, equity and inclusion (DEI) programs following pressure over the controversial initiatives.
Walmart must pay nearly $35M to truck driver after accusing him of fraud, firing him
Walmart was ordered this week by a California jury to pay a former employee nearly $35 million after a jury determined it falsely accused him of committing fraud before firing him.
Walmart warns of higher prices if Trump implements proposed tariffs
Walmart CFO John David Rainey told FOX Business that the company won't be immune if President-elect Trump pursues a tariff on imports from all foreign countries.
Walmart raises outlook as consumers spend more on nonessentials, order more deliveries
Walmart, a key indicator of U.S. consumer sentiment, surpassed Wall Street expectations and raised its full year outlook as more shoppers bought discretionary items.