Musk delivers first Tesla truck, but no update on output, pricing

Musk delivers first Tesla truck, but no update on output, pricing

Tesla ships first Semi to PepsiCo five years after unveiling it No details on orders or capacity for electric truck Semi uses existing Tesla motors, to feature new Supercharger Dec 1 (Reuters) – Tesla Inc (TSLA.O) Chief Executive Elon Musk delivered the company’s first heavy-duty Semi on Thursday to PepsiCo (PEP.O) without offering updated forecasts … Read more

Walmart Chesapeake shooting: Employee kills 6 and himself in Virginia

Walmart Chesapeake shooting: Employee kills 6 and himself in Virginia

CHESAPEAKE, Va., Nov 23 (Reuters) – A Walmart employee killed six people and injured several others before fatally shooting himself at a store in Chesapeake, Virginia, authorities said on Wednesday, in the latest episode of gun violence in the United States. The shooter, who has not been identified, used a pistol in the shooting late … Read more

Walmart lifts annual forecast, announces $20 bln share buyback

Walmart lifts annual forecast, announces $20 bln share buyback

Nov 15 (Reuters) – Walmart Inc (WMT.N) on Tuesday lifted its annual sales and profit forecast as demand for groceries holds up despite higher prices, while discounts on clothing and electronics helped it cut back excess inventories ahead of the busy holiday season . The company also announced a new $20-billion share buyback plan, sending … Read more

CVS, Walmart, Walgreens agree to pay $13.8 bln to settle US opioid claims

CVS, Walmart, Walgreens agree to pay $13.8 bln to settle US opioid claims

Nov 2 (Reuters) – CVS Health Corp (CVS.N), Walgreens Boots Alliance Inc (WBA.O) and Walmart Inc (WMT.N) have agreed to pay about $13.8 billion to resolve thousands of US state, local and tribal government lawsuits accusing the pharmacy chains of mishandling opioid painkillers. CVS said Wednesday it had agreed to pay about $5 billion over … Read more

Wall Street falls as Walmart warning rattles retail sector

Wall Street closes lower as ad tech, social media stocks drop

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, July 21, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register Walmart cuts profit forecast, drags retailers McDonald’s up as sales, profit top estimates GE jumps on higher profit, Coca-Cola up on forecast raise Indexes … Read more