ORGANIZATION

Walmart merchandising chief stepping down

Walmart's chief merchandising officer Charles Redfield is leaving the role, according to The Wall Street Journal, as the retail giant faces changing consumer behavior.

Vanguard narrows ETF gap with BlackRock

The Vanguard Group pulled in a net $25.7 billion into its exchange-traded (ETF) fund over the first quarter, fed by $19.1 billion of flows into its equity products.

Express shares soar on Walmart Bonobos deal

Shares for Express are up on Friday after the fashion apparel brand and style community bought Walmart's menswear line Bonobos for $75 million. Walmart shares are flat.

International airfare prices surge past 2019 levels

Flight prices for international bookings this summer are already averaging over $1,000. Demand for such trips continues to surge now that travelers aren't held up by any COVID-19 restrictions.

Delta discloses record advance summer bookings

Delta Air Lines reported record bookings for the summer of 2023 in their latest earnings report and provided upbeat outlook, though the airline fell short of Wall Street earning and profit forecasts for the March quarter.