Walmart names insider Latriece Watkins as US merchandising chief
(Reuters) – Walmart Inc appointed Latriece Watkins as its U.S. chief merchandising officer, according to a memo seen by Reuters…
Business
DeSantis signs bill allowing Florida board to cancel Disney deals
By Joseph Ax and Dawn Chmielewski (Reuters) -Florida Governor Ron DeSantis on Friday signed a bill into law that gives…
Fed’s Goolsbee: ‘way too premature’ to expect June rate hike
-Chicago Federal Reserve Bank President Austan Goolsbee on Friday said it is “way too premature” to suggest that stronger-than-expected job…
U.S. regional banks rally, capping whipsaw week
By Manya Saini and Chibuike Oguh (Reuters) – Shares in PacWest Bancorp jumped nearly 82% amid a broader rebound in…
Retailer Christmas Tree Shops files for Chapter 11 bankruptcy
(Reuters) – Christmas Tree Shops, a home-decor retailer that was spun off from Bed Bath & Beyond in 2020, filed…
SEC probing First Republic Bank executives for insider trading – Bloomberg News
(Reuters) -The U.S. Securities and Exchange Commission is investigating the conduct of First Republic Bank executives before the government seizure…
Jailed, deported and blacklisted: Qatar’s outspoken World Cup guards
By Andrew Mills DOHA/MOMBASA (Reuters) – Andrew Maganga seized the chance to work as a World Cup security guard in…
Walmart keeps grocery prices steady amid inflation, antitrust claims
By Siddharth Cavale NEW YORK (Reuters) – A new analysis of Walmart’s pricing strategy reveals it has consistently kept grocery…
Binance faces US probe of possible Russian sanctions violations – Bloomberg News
(Reuters) -The U.S. Justice Department is investigating whether Binance Holdings was illegally used to let Russians skirt U.S. sanctions and…
Lyft rattles Wall Street as margins suffer in race with Uber
By Aditya Soni (Reuters) -Lyft Inc shares tumbled about 19% on Friday as the ride-hailing company’s strategy to claw back…