Page 21 - Walmart

Top 10 biz headlines: Stimulus in the works, govt may fully exit AI & more

From govt moving closer to a complete exit from Air India to the grumble of economic slowdown getting louder for corporate India, here are the top business headlines for Friday

Walmart likely to boost guidance with strong earnings, say Analysts

Analysts are mixed on comparable sales, with some expecting them to beat estimates and others expecting them to be in-line, but one expectation is clear

World's wealthiest family gets richer by $4 mn every hour, $100 mn a day

The 25 wealthiest dynasties on the planet control $1.4 trillion

Walmart to keep selling guns despite recent shootings at its stores

A man opened fire with an assault rifle at a Walmart in Texas on Saturday, killing 20 people, just 4 days after a disgruntled employee shot dead two coworkers and wounded a responding police officer

Walmart to offer free streaming video on Flipkart Plus, challenge Amazon

Its Flipkart unit plans to unveil the service in coming months

Trade tensions may cause Chinese factory shutdowns: Walmart's Supplier

While Chinese factories suffer, manufacturers in other Asian hubs become beneficiaries - up to a point

Walmart, Flipkart leaders meet Piyush Goyal, discuss e-commerce business

All aspects of e-commerce business, business-to-business transactions, cash and carry, as well as global-sourcing norms were discussed

When Walmart got a $10 billion Phone Pe surprise after buying Flipkart

PhonePe has grown into one of India's leading digital payments companies

Walmart Labs acqui-hires two Indian startups FloCare and BigTrade

The tech arm of the retail giant has on-boarded the teams of these Bengaluru-based companies which would help Walmart to strengthen its customer technology and supply chain

Walmart appoints ex-Google exec Suresh Kumar as chief technology officer

Kumar brings over 25 years of technology leadership experience coming from Google, Microsoft, Amazon and IBM

India to Mexico, Walmart accused of paying bribes for profits worldwide

A 'sorceress' in Brazil, a 'wink' in India: Walmart pleads guilty after a decade of bribes

Walmart to pay over $282 mn for violating anti-corruption regulations in 4 countries

According to the US Security and Exchange Commission (SEC), these violations were conducted by Walmart's third-party intermediaries

Walmart to pay $282 mn for violating US anti-graft rules in India, China

Walmart failed to sufficiently investigate or mitigate certain anti-corruption risks and allowed subsidiaries in Brazil, China, India, and Mexico to employ third-party intermediaries

Walmart to pay $282 mn for violating anti-corruption rules in 4 countries

According to the US Security and Exchange Commission (SEC), these violations were conducted by Walmart's third-party intermediaries who made payments to foreign government officials

Walmart is expected to pump in $1.2 billion to fund Flipkart's operations

The retail giant's total revenue increased $1.2 billion or 1 per cent for the three months ended April 30, 2019, due to the addition of Flipkart's net sales besides other factors

Soon, Walmart will put groceries right in the fridge while you're out

The service, dubbed Walmart InHome, will first start in Pittsburgh, Kansas City, and Vero Beach, Florida

Walmart faces major India test over unit Flipkart's legal spat with GOQii

The All India Online Vendors Association plans to file a plea to join GOQii's case against Flipkart on behalf of 3,500 online sellers it represents

Walmart Q1 operating income declines 41.7% primarily due to Flipkart

Q1 operating income declines 41.7%; Walmart President and CEO Doug McMillon says he continues to be excited about the opportunity with Flipkart and PhonePe

Walmart logs its best Q1 in 9 years, meets estimates; stock up over 3%

Comparable sales for Walmart stores in the US climbed 3.4 per cent in the first quarter

Walmart's US store managers make $175,000 a year on average

Retailer said its hourly workers make average of $25,000 in report seeking to rebut criticism that its pay is too low