Columbus, OH

BENTONVILLE, Ark. – During the recent second quarter, general merchandise comp came in flat as strength in home and hardlines was offset by softness in entertainment, the company reported. At Walmart Marketplace U.S. – where sales jumped 32% – sales were led by fashion, toys, hardlines and home.

Higher-income households drive gains at Walmart U.S.

Reuters

NEW YORK (Reuters) - Walmart's stake in Chinese e-commerce firm JD.com was once central to its China strategy. Now it is tearing up that playbook by unloading its entire $3.74 billion stake in one of China's biggest online retailers, in another example of the volatile nature of its relationship with China.

Analysis-Walmart tears up China online strategy with JD.com stake sale

NBC News

Starbucks on Tuesday reported quarterly revenue that missed analysts’ expectations as both its U.S. and international cafes faced weaker demand. Shares of the company rose more than 1% in extended trading. Here is what the company reported compared to what Wall Street was expecting, based on a survey of...

Starbucks is reeling as customers go elsewhere, sales decline

Business Times

Walmart has divested its entire stake in Chinese e-commerce giant JD.com, a move signaling the retail behemoth's intensified focus on its own operations in China. The sale, which was revealed in a securities filing on August 20, allows Walmart to refocus its capital and strategic efforts on expanding its presence in the Chinese market, particularly through its Sam's Club warehouse chain.

Walmart Divests $3.74 Billion Stake in JD.com to Sharpen Focus on China Operations

The Motley Fool

Here's why Ulta Beauty's stock looks attractive.

Buffett Invests in Beauty Stock After a 33% Decline: Is Now the Right Time to Buy?

Georgia State

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Atlanta, GA

Daily Coffee Press

A 40-year-old man has been sentenced to over 28 years in prison for distributing significant amounts of fentanyl and other controlled substances to dealers in the Middle Georgia region. Authorities revealed that investigators uncovered evidence linking the drugs provided by the defendant, 40-year-old Lagary Williams, also known as "Frog," from Atlanta, to a fatal overdose.

Atlanta Man Sentenced to 28 Years for Supplying Deadly Fentanyl Linked to Fatal Overdose

The stock of Walmart Inc (NYSE: WMT) has increased by 0.37 when compared to last closing price of 73.45. Despite this, the company has experienced a 7.31% gain in its stock price over the last five trading sessions. fool.com reported 2024-08-19 that The world’s largest retailer is crushing the market.

Walmart Inc (WMT) Shares Soar Above 1-Year High

Business Insider

Ho's stake in the newly-public company is worth nearly $70 million. Bloomberg estimates his family's fortune at $13 billion.

Meet the 29-year-old son of a casino billionaire who just took his influencer and esports company public

Colorado State

David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

Douglas, GA

A local Walmart employee was recently arrested on a misdemeanor charge after allegedly stealing over $60 worth of merchandise from the store. Additionally, she faced a felony charge after officers discovered suspected methamphetamine in her locker during the arrest.

Douglas Walmart Employee Arrested for Methamphetamine Possession and Shoplifting

Virginia State

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Kentucky Vibes.net

Disclaimer: This article was written with the help of A.I. software. On July 28, 2024, a TikTok video posted by Erica W., known as @tasteofmelanin on the platform, garnered significant attention after she exposed disturbing racist decorations in an Airbnb rental. The incident occurred in a rental property that Erica had booked, although the exact location remains unspecified. The video has since gone viral, prompting widespread concern and leading to the removal of the listing from Airbnb's platform.

Airbnb Listing Taken Down After Black Woman Finds Hanging Monkeys and Cotton Used As Decor

The price of gold has surged about 22% this year, outpacing returns on stocks. Traditionally, gold has served as a safe haven for uncertain investors. But it has somewhat defied that notion this year. Persistent demand for gold from global central banks may offer one explanation. The price of gold...

Price of Gold Hits Another All-Time High, Extending Year's Rally

South Carolina State

Explore Beaufort SC

The mantis shrimp is one tough customer. Beautiful and deadly are two words you don’t typically use to describe shrimp, but the mantis shrimp is definitely in a class of its own; earning a reputation as the ‘savage boxer of the sea’ and one of the most fearsome creatures in the ocean. And, they're right at home here in South Carolina.

Savage Boxer of the Sea: The Deadly Beauty of Mantis Shrimp

24/7 Wall St.

The Artificial Intelligence boom began in the second half of 2022 and since then, we’ve had investors searching for AI stocks that can make big money. Companies are pouring billions into the business and as of 2024, AI has been a winner. Tech stocks have seen impressive returns and will continue moving in the same […]
The post 3 Top AI Stocks To Buy in August appeared first on 24/7 Wall St..

3 Top AI Stocks To Buy in August

Walmart said to CNBC the decision to sell its stake will allow the company to "focus on our strong China operations for Walmart China and Sam's Club, and deploy capital towards other priorities." Walmart entered into a strategic alliance with the Chinese company in June 2016. In its 2023 annual...

JD.com leads losses in Hong Kong, falling 10% after Walmart confirms stake sale

Denver, CO

In addition to collecting more than 8,000 used needles in the past year from Denver drug users, the Harm Reduction Action Center passed out 10,000 meth pipes and “snort kits,” according to a newsletter sent to its supporters Thursday. They also connected about 1,700 people to medical, mental health and substance abuse treatment.

Denver group hands out 10K meth pipes, ‘snort kits,’ connects 1,700 to treatment annually

If you're living outside the United States, there's a high chance that you have heard of Xiaomi smartphones or you're currently using one of them. The Chinese OEM has gained a solid reputation in recent years for packing high-end hardware in an affordable smartphone, challenging some of the biggest brands in the industry. In 2021, Xiaomi announced its first foray into the EV market to diversify its portfolio. As it turns out, the decision wasn't just an uproar, and the segment is now bringing in money for the first time.

Xiaomi's auto business is now contributing to the company's earnings for the quarter

Chipotle Mexican Grill shares will likely remain on investors’ radar screens Monday after a week of volatile trading that followed the announcement last Tuesday that CEO Brian Niccol was leaving the company for Starbucks. The price formed a bullish hammer candlestick pattern on the highest volume since April 22,...

Watch These Chipotle Stock Price Levels Following Recent News of CEO Departure

HONG KONG (Reuters) -Walmart sold its entire roughly $3.7 billion stake in JD.com, ending an eight-year investment in the Chinese e-commerce firm that was yielding waning returns, and the U.S. retail giant said it would focus on its own operations in China.

Walmart unwinds JD.com investment, to focus on own China ops

Target (TGT) added to good news about the state of the U.S. consumer, emerging from a long sales slump and boosting its profit forecast; the Federal Open Market Committee (FOMC) publishes minutes from its July meetings today, giving investors another read on an expected September interest-rate cut; shares of JD.com (JD) are sinking in premarket trading after Walmart (WMT) sold its stake in the Chinese e-commerce giant for a reported $3.6 billion; China has launched an anti-subsidy investigation into dairy imports from the European Union (EU); and Netflix (NFLX) shares are in focus after a huge jump in ad sales drove its stock to a record high Tuesday. U.S. stock futures are edging higher ahead of the Federal Reserve meeting minutes after the benchmark S&P 500 index ended a streak of eight straight winning sessions yesterday. Here’s what investors need to know today.

5 Things to Know Before the Stock Market Opens

NewsBreak

JD.com Stock Sinks as Walmart Sells Stake in China E-Commerce Firm

U.S.-listed shares of JD.com tumbled Wednesday as Walmart confirmed that it sold its stake in the Chinese e-commerce giant. The sale allows Walmart \"to focus on...

U.S.-listed shares of JD.com tumbled Wednesday as Walmart confirmed that it sold its stake in the Chinese e-commerce giant. The sale allows Walmart "to focus on...

JD.com Stock Sinks as Walmart Sells Stake in China E-Commerce Firm

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