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The Latest Breaking News from John Rainey

Walmart's Q2 Performance Hit By $450 Million In Liability Claims — Just 'Noise In Our Numbers,' Says CEO Doug McMillon

Retailer Walmart Inc. (NYSE:WMT) says its second-quarter results were hit by unexpected legal and liability-related issues to the tune of $450 million, weighing on the company’s performance.

Walmart and Target earnings pull back the curtain on an America struggling with high inflation

Walmart and Target earnings pull back the curtain on an America struggling with high inflation

“Many consumer pocketbooks are still stretched,” Walmart CFO John Rainey told analysts. “We see the effect of that in our business mix.”

The key to protecting your mental health at work comes down to one thing, according to the U.S. Surgeon General

The key to protecting your mental health at work comes down to one thing, according to the U.S. Surgeon General

At Fortune’s Brainstorm Health, the Nation’s Doctor said having a sense of connection to each other at work is critical.

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Walmart Stock In Buy Zone As Dow Giant Automates Operations To Boost Long-Term Profits

Walmart rose back above a buy point as the Dow retail giant says it'll ramp up automation to cut costs and boost profitability.

Investors Business Daily

Who will be PayPal’s next CEO? Here are the 7 leading contenders according to fintech experts

PayPal's retiring CEO is sticking around till December, but there's already chatter about who might be qualified to step into the role.

BofA On PayPal CFO Departure, Company's New Strategy

Although there were execution issues at PayPal Holdings Inc (NASDAQ: PYPL), the departure of John Rainey as CFO was unexpected and shares declined by 2% in after-hours trading on Tuesday, according to BofA Securities.

Jim Cramer Highlights The Missing Piece In PayPal CFO's Departure

PayPal Holdings Inc (NASDAQ: PYPL) shares were trading lower Wednesday after the company announced the departure of CFO John Rainey.

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PayPal Stock Falls As CFO Leaves To Join Walmart Amid Missed Targets

PayPal Stock Falls As CFO Leaves To Join Walmart Amid Missed Targets

PayPal stock fell on the departure of Chief Financial Officer John Rainey, who is joining Walmart. PYPL stock had plunged 42% in 2022.

Investors Business Daily

Here's Why PayPal Shares Are Falling

Here's Why PayPal Shares Are Falling

PayPal Holdings Inc (NASDAQ: PYPL) shares are trading lower by 3.91% at $104.02 during Wednesday's pre-market session after the company announced the departure of CFO John Rainey.

Walmart Appoints PayPal CFO John Rainey As Finance Head

Walmart Appoints PayPal CFO John Rainey As Finance Head

Walmart Inc (NYSE:WMT) has appointed John Rainey as its Executive Vice President and Chief Financial Officer (CFO), effective June 6, 2022. Rainey joins the company from PayPal Holdings Inc (NASDAQ:PYPL), where he currently serves as the CFO and EVP, Global Customer Operations. After almost seven years at PayPal, Rainey is leaving the company to join Walmart. He…

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