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Walmart is using its own fintech firm to provide credit cards after dumping Capital One

Walmart is using its own fintech firm to provide credit cards after dumping Capital One

Business News

A Capital One Walmart credit card sign is seen at a store in Mountain View, California, United States on Tuesday, November 19, 2019. Yichuan Cao | Nurphoto | Getty Images Walmart’s majority-owned fintech startup OnePay said Monday it was launching a pair of new credit cards for customers of the world’s biggest retailer. OnePay is partnering […]

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Warner Bros. Discovery to split into two public companies by next year

Warner Bros. Discovery to split into two public companies by next year

Business News

Warner Bros. Discovery plans to split into two public companies by next year, the media giant announced Monday, the latest upheaval in the industry as consumers transition from cable to streaming. WBD will separate into a streaming and studios company, which will include its movie properties and streaming service HBO Max, and a global networks

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Trump wants to bring manufacturing jobs back. The aviation industry can’t hire fast enough

Trump wants to bring manufacturing jobs back. The aviation industry can’t hire fast enough

Business News

LAFAYETTE, Ind. — President Donald Trump has said he wants to bolster manufacturing jobs and other technical employment in the United States. But in the aviation industry, finding skilled workers to make airplanes and engines — and maintaining those jobs for years to come — has been a struggle. The average age of a certified

Trump wants to bring manufacturing jobs back. The aviation industry can’t hire fast enough Read More »

Slate Auto: Inside the EV startup, stealth production facility backed by Jeff Bezos

Slate Auto: Inside the EV startup, stealth production facility backed by Jeff Bezos

Business News

Slate Auto electric vehicles inside the startup’s beta production facility in Lake Orion Township, Michigan. Slate Auto LAKE ORION TOWNSHIP, Mich. — In a nondescript supplier park in suburban Detroit, an electric vehicle startup backed by Amazon founder Jeff Bezos is building what it hopes will be America’s newest automaker. The facility is filled with

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Walmart plans to expand drone deliveries to three more states

Walmart plans to expand drone deliveries to three more states

Business News

Walmart is bringing drone deliveries to three more states. On Thursday, the big-box retailer said it plans to launch the speedier delivery option at 100 stores in Atlanta, Charlotte, Houston, Orlando and Tampa within the coming year. With the expansion, Walmart’s drone deliveries will be available in a total of five states: Arkansas, Florida, Georgia,

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Lululemon shares tumble 20% as it cuts full-year guidance, citing ‘dynamic macroenvironment’

Lululemon shares tumble 20% as it cuts full-year guidance, citing ‘dynamic macroenvironment’

Business News

People walk past a Lululemon department store in New York City on June 5, 2024. Michael M. Santiago | Getty Images Lululemon beat Wall Street expectations for fiscal first-quarter earnings Thursday, but cut its full-year earnings guidance, citing a “dynamic macroenvironment.” As the company navigates tariffs and fears about a slowing U.S. economy, CEO Calvin

Lululemon shares tumble 20% as it cuts full-year guidance, citing ‘dynamic macroenvironment’ Read More »

Corporate layoffs have ramped up in recent weeks. Here are the companies making cuts

Corporate layoffs have ramped up in recent weeks. Here are the companies making cuts

Business News

Layoffs are illustrated by an oversized pair of scissors, that looms over seven workers sitting in office chairs suspended by strings. Mathisworks | Digitalvision Vectors | Getty Images While Elon Musk has ended his government cost-cutting initiative that resulted in thousands of federal job cuts, mass layoffs are still roiling corporate America. Companies are under

Corporate layoffs have ramped up in recent weeks. Here are the companies making cuts Read More »

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