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The Latest Breaking News from Walmart

Seven including gunman dead after Walmart ‘employee opened fire in break room’ of Chesapeake store

A police source says that the shooter is believed to be an employee or a former employee who opened fire inside the break room of the store

The Independent UK

How retailers are reshaping the advertising industry

They’re barely noticeable, but promoted items on digital sales platforms are at the vanguard of an industry worth tens of billions of dollars

Financial Times

Walmart shooting: Six people dead after 'shop manager' goes on gun rampage

Bloodshed erupted at the Walmart Supercentre in Chesapeake, Virginia after a gunman opened fire inside, with police saying it is currently unclear whether the assailant was a member of staff

Daily Mirror

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Why Walmart workers are still broke

Author Rick Wartzman examines how improvements in pay by the retail giant fall far short of what workers are owed

Salon

Thanksgiving 2022 store hours updates: Walmart and Trader Joes will be closed on the holiday

Big name retailers such as Walmart and Target will no longer open on Thanksgiving

The Independent UK

McDonald’s and Walmart beef suppliers criticised for ‘reckless’ antibiotics use

Exclusive: Most important antibiotics for human health still used in supply chains of major US food companies, risking spread of superbugs

The Guardian - UK

The savior CEO and the empty promise of ‘stakeholder capitalism’

Companies may claim to serve employees, communities and the planet – but two books show profit still comes first

The Guardian - US

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Why plans to connect big grocers and small farmers haven’t worked, inflation’s impact on local restaurants and more in your Chicago news roundup

Today’s update is a 5-minute read that will brief you on the day’s biggest stories.

Chicago Sun-Times

Big-box supermarkets, small local farmers around Chicago have struggled to work together

Here are some of the reasons why ambitious plans to connect big grocers to small farmers have withered — and what the farmers are doing now.

Chicago Sun-Times

Creating a continuous learning culture at work

Bridging the gap between the work needed today and the skills for the work of tomorrow is critical for success. But how can companies engage their current workforce in acquiring new, digital skills?

Fortune

Market Rally Holds Key Levels, But Breakouts Struggle; Walmart, Target, Nvidia In Focus: Weekly Review

The market rally held support this week, but many stocks flashing buy signals struggled. Walmart, Target and Nvidia were key earnings movers.

Investors Business Daily

The Week Ahead: Writing the story of the important holiday spending season for investors

As he was starting his literary career, Charles Dickens was a journalist. Alas, he was not a business reporter — that would have been too appropriate for the son of a debtors’ prison inmate.

Miami Herald

Population in the US: as small towns shrink, is immigration the answer?

If a growing population is necessary for a healthy US economy, the country may have to rely on immigration to deliver it

The Guardian - UK

Dow Jones Futures: Market Rally Keeps Rising, But Here's Why The S&P 500 Could Pause

Futures: The market rallied past a Poland missile attack. But here's why the S&P 500 could pause.

Investors Business Daily

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news in one place.

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Investors Business Daily

Dow Jones Wavers Amid Poland Rocket Attack; Donald Trump SPAC Dives; New Warren Buffett Stock Soars

The Dow Jones closed off highs after missiles hit NATO member Poland. The Donald Trump SPAC fell. A new Warren Buffett stock surged.

Al Jazeera

Walmart offers $3bn to settle lawsuits over role in opioid crisis

Tentative agreement would bring settlement total from lawsuits against various companies to more than $50bn.

Tribune News Service

Walmart agrees to pay $3.1B in opioid settlements after CVS and Walgreens’ $5B proposals

NEW YORK — Walmart agreed to pay $3.1 billion to resolve lawsuits accusing the pharmacy of selling drugs that contributed to the opioid epidemic, but denied the allegations and didn’t admit liability.

Investors Business Daily

Some Stock Market Gains Fade After Report Of Rocket Strike Inside Poland

The S&P 500 rose 1.7% and is getting closer to the 200-day moving average.

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news in one place.

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WEKU

Walmart offers to pay $3.1 billion to settle opioid lawsuits

The retail giant becomes the latest major player in the drug industry to announce a plan to settle lawsuits filed by state and local governments over the toll of opioids sold at its pharmacies.

Investors Business Daily

Dow Jones Rallies On Cool Inflation Data; Walmart Surges On Earnings

The Dow Jones Industrial Average rallied Tuesday on cooler inflation data. Walmart surged on earnings results.

Axios

Walmart reaches $3.1 billion deal to settle opioid lawsuits

Walmart said that the proposed framework "does not include any admission of liability."

Investors Business Daily

12 Hot Retail Stocks Kick Amazon.com To The Curb

If your measure of S&P 500 retail is Amazon.com, you're missing out on all the action this year. Other retail stocks are springing up.

The Independent UK

Walmart latest pharmacy chain to propose opioid settlement

State attorneys general say Walmart has agreed to pay $3.1 billion to settle lawsuits nationwide over the impact of the prescriptions its pharmacies filled for powerful prescription opioid painkillers

Investors Business Daily

Walmart Sets A High Bar For Target As Earnings Roll In

Walmart and Target have struggled to maintain profit margins in the inflationary environment but one continues to do a superior job.

Investors Business Daily

Stocks Falter After Fed Remarks Of Pivot 'A Ways Off'; Tesla CEO Musk To Testify Wednesday As TSLA Falls

The Dow rose after remarks by a Fed official about slowing rate hikes. Big box retailers and tech giants are on tap with earnings.

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