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.
Kohl's shares tumble on earnings miss, CEO to step down in January
Kohl's announced that CEO Tom Kingsbury is stepping down in January. He will be replaced by Ashley Buchanan, the current chief executive of arts and crafts retailer Michaels.
McDonald's gets into gift-giving with limited-time 2-toy Happy Meal
Fast food giant McDonald’s is getting into the gift-giving spirit this holiday season with a limited-time two-toy Happy Meal that it is rolling out on Tuesday.
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.
Starbucks grappling with headaches after software supplier hit with ransomware attack
Starbucks is one of several companies dealing with disruptions to its back-end systems following a ransomware attack on software vendor Blue Yonder last week.
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.
Macy's says employee 'intentionally' hid up to $154M in expenses
Macy's says it will push back its third-quarter earnings report after discovering an employee "intentionally" hid as much as $154 million in shipping expenses.
Cincoro co-founder Emilia Fazzalari started finance career with $200; now co-owns brand with Michael Jordan
Five NBA elites including Michael Jordan and Emilia Fazzalari co-founded Cincoro Tequila in 2019 and the brand recently went international.
NBA legend Scottie Pippen says Bitcoin whale Satoshi spoke to him 'in a dream' saying price would hit $84K
Former star for the Chicago Bulls Scottie Pippen reveals the latest on his crypto currency adventures and the future of the industry.
McDonald's to add 'McValue' menu, boost meal deal offerings
McDonald’s will increase its value offerings in January by rolling out a new "McValue" platform. As part of it, McDonald's will bring a 'Buy One, Add One for $1' deal to US restaurants.
DOJ calling for Google break up is a 'fairy tale solution,' media exec says
Zen Media CEO Shama Hyder weighs in on the DOJ calling for the break up of Google and the sale of its Chrome browser.
Disney unveils new cruise ship: See inside the Treasure
The latest addition to the Walt Disney Company’s growing fleet of cruise ships – the Disney Treasure – made its official entrance this week.
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.
Google must sell Chrome browser in move to end monopoly on internet searches, DOJ says
Google must sell its Chrome internet browser after a federal court ruled earlier this year that the company maintained an illegal monopoly over internet searches, the DOJ argued.
American Airlines passengers duct tape man who allegedly tried to open cabin door mid-flight: reports
An unruly man on an American Airlines flight from Milwaukee to Dallas was restrained by passengers using duct tape after allegedly attempting to open the cabin door.
Boeing to lay off 2,200 Washington workers in coming months
Boeing workers across the U.S. are learning about a round of layoffs, with most workers impacted currently working in the state of Washington.
Traveling for the holidays? Here are some ways to save money
Holiday travel is back. Companies, like Uber, are already trying to capitalize on what's projected to be an busy season. AAA already projected a record number of Thanksgiving travelers.
Delta passengers get stuck trying to leave airport lounge
A Delta Air Lines passenger aired their frustrations on Reddit, claiming they had to wait between 15 to 20 minutes just to leave one of the carrier's airport lounges in Atlanta.
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.