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Walmart beats expectations in Q1 as revenue surpasses $160B

Walmart beats expectations in Q1 as revenue surpasses $160B
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Walmart is reportedly closing its innovation hub. It's the latest in retailer cost cuts

Walmart Inc. will shut down Store No. 8, the big-box retailer’s startup incubator and innovation hub, the Wall Street Journal reported on Friday. It’s the… ....

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World Street | Spirit debt refinance; China brakes on EVs; Musk's xAI $500-mn funding; Walmart cost cut; Microsoft hack

From Spirit Airlines debut refinancing, China s brakes of EV growth, to Tata Steel s blast furance shut down, Meta s billion dollars investment, Microsoft hacking and more, here s a look at recent business developments around the world ....

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Retailers are nervous about student loans

In two weeks, U.S. consumers will be required to start making payments on some $1.6 trillion of student loan debt after a three-year moratorium. ....

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Walmart's Supply-Chain Strategy: Better, Not Bigger

Amazon’s recent stumble shouldn’t spook investors in the old-school retailer ....

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