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    THERE are at least three reasons shoppers will still see self-checkout kiosks in Walmart and other U.S. stores, despite an annoying theft prevention trick. Amongst the commonly irritating automatic voice responses that you get during self-checkout, a recent survey reveals that 67% of shoppers have an unsuccessful experience, per CNN. 1Walmart and other stores have decided to keep self-checkout for a few key reasons despite disapproval from consumersCredit: Getty Even with the countless memes and TikTok videos that have been created because of this, stores like Walmart will still be keeping their self-checkout areas around for key reasons. 1. It reduces store labor costs The origination of self-service and self-checkout processes originates back in the early 1900s with grocery stores like Piggly Wiggly. It was designed first and foremost to take the work off of the employees and transfer it to the customers, CNN reports. Back then, they were the first to sort of let their customers have a self-serving experience, gathering all of their groceries on their own and coming to pay at the counter. Read More On Grocery...
    An employee organizes Apple Inc. AirPods for sale at a Costco Wholesale Corp. store in San Francisco, California.David Paul Morris | Bloomberg | Getty Images
    WALMART no longer has the cheapest prices. At least according to TikToker and podcaster Sarah Baus. 1Sarah Baus has over 482,000 TikTok followers Sarah is an ex-chemist turned content creator who loves to share videos on how to eat healthier on a budget. In a recent TikTok, Sarah revealed five easy hacks to keep your grocery bill under $75. The Sun reached out to Walmart for comment. Below are her findings. 1. Picking a store The TikToker’s first rule is to be mindful of where you shop. Read More on Grocery ShoppingSTAY AWAY I’m a shopping expert - four Target products to never waste your money onEASY MONEY I turned $21 into $108 in 30 minutes with my thrift store shopping side hustle She said that her family will no longer shop at Walmart because the prices aren’t cheaper than other stores and the produce is not up to her standards. Her family only shops at Aldi or Food Lion as those stores in her area in South Carolina have the best deals. 2. Meal plan In order to score...
    WALMART stores are teeming with hidden deals that could save you money when shop at the retail giant. The retailer is know for it’s low prices, but it turns out that that clearance section isn’t always the best place for budget buys. 1An expert recommends the best place for budget buys in Walmart storesCredit: Alamy According to one Walmart employee on Reddit, the section “rarely offers good deals” as “most stuff there is unwanted (or low quality), with very few exceptions.” Instead, they recommended that savvy shoppers head straight to the electronic department to bag themselves some serious savings. “Most marked down, high-end electronics are held in cabinets near or under their respective items,” the employee wrote. “Most reduced items are not displayed and rarely have price tags.” Read more on WalmartTHAT'S RICH I visited a Walmart in a rich neighborhood - the worst shock was the added perkTOP SHELF I’m a savvy shopper - follow my Walmart tricks to find secret savings and prices In this case they said that it’s best to wait for an associate assistant and...
    A CVS Pharmacy inside a Target store in New York, April 26, 2022.Scott Mlyn | CNBCWhat I am looking at May 18, 2022  Target (TGT) reports a major miss with shopping patterns changing. Last year, consumers were buying TVs, furniture and kitchen appliances, driven by Covid and working from home. Now dresses for going out, toys for birthday parties and luggage for travel. Retailers had the wrong inventory (TVs and appliances). Guest traffic still strong, up nearly 4% from a year ago, same store sales rose more than 3%. But higher prices for fuel and freight, much higher than anticipated, hit earnings. Adjusted EPS of $2.19 versus $3.07 expected. Shares fell 22% in premarket trading.
    SOCIAL media influencer and apparent former Walmart employee Paris Mars is here to spill the Walmart tea. She shared nine secrets about the store and working there that she claims regular customers don't know – like why you should never ask for help. 3Paris Mars has revealed insider secrets and stories from when she worked at WalmartCredit: Youtube/HeyParis 3She said it was her first 'real paying' job and so many memories are 'stuck' in her headCredit: Getty "If you guys didn't know, I worked at Walmart for what feels like forever way, way back when I was a lot younger. "It was my first real paying job," Mars stated in the video posted to her YouTube channel. She went on to say she has so much "stuck" in her head from her time with the company and since her followers want to know Walmart's secrets, she obediently followed their wishes with the video. "Now it's time to spill the tea on Walmart, okay?" she said before diving into her memories. Read more in lifestyleROMANCE RUNS ON DUNKIN'...
    A STARBUCKS employee revealed a secret workers allegedly do behind closed doors, pissing off customers who order from their smartphones. Content creator @Lanakassihhh, who works at Starbucks, revealed the alleged mobile ordering secret in a TikTok video. 3A Starbucks employee pissed off customers who order through their smartphone in a viral TikTok videoCredit: TikTok/@lanakassihhh 3The Starbucks employee revealed that 'out of stock' items on the app may actually be available in storesCredit: Starbucks 3Several barista claim workers do this to keep up with inventoryCredit: Starbucks In the video, the user records herself and a co-worker at work, with a text caption: “When a customer asks us why things are turned off on the app when we have them in-store.” For customers unfamiliar with mobile ordering, when an item is unavailable on the app, it is marked as “sold out at this store.” The TikTiker left many commenters confused, but several fellow apparent Starbucks baristas resonated with the video, revealing the true significance of an "unavailable" mobile item. “Sometimes we mark them unavailable when they’re low [because] mobiles can go over...
    A battle is brewing between two of the country's largest big-box franchises. Walmart is suing rival BJ’s Wholesale Club claiming that the retail giant stole technology to launch a self-checkout feature similar to the ones used at the company’s subsidiary Sam's Club, which boasts nearly 600 locations in the US. Walmart alleges that the company worked for years to develop a “Scan & Go” feature that allowed Sam’s Club customers to ring up purchases on smartphones while shopping, eliminating the need for a long checkout line. The lawsuit, which was filed in federal court, alleges that innovations were simply taken without permission” by BJ’s, which launched its contactless offering, “ExpressPay," in late 2021 during the COVID-19 pandemic. Walmart has been using Scan & Go technology since at least 2016. The complaint claims that BJ’s gave Walmart’s tech a new name, logo, and interface, but the rest remains relatively unchanged from the original. 
“Express Pay is an apparent copy of Sam’s Club’s Scan & Go, merely changing the in-app colors and changing the name from Scan & Go to Express Pay,”...
    (CNN)As the US attempts to wean itself off its heavy reliance on fossil fuels and shift to cleaner energy sources, many experts are eyeing a promising solution: your neighborhood big-box stores and shopping malls.The rooftops and parking lot space available at retail giants like Walmart, Target and Costco is massive. And these largely empty spaces are being touted as untapped potential for solar power that could help the US reduce its dependency on foreign energy, slash planet-warming emissions and save companies millions of dollars in the process.At the IKEA store in Baltimore, installing solar panels on the roof and over the store's parking lot cut the amount of energy it needed to purchase by 84%, slashing its costs by 57% from September to December of 2020, according to the company. (The panels also provide some beneficial shade to keep customers' cars cool on hot, sunny days.) Could Russias war kick-start a renewable-energy revolution? It depends where in the world you lookAs of February 2021, IKEA had 54 solar arrays installed across 90% of its US locations.Big-box stores and shopping centers...
    IF you're waiting longer than normal for a Walmart or Amazon order, you are not alone. All around the globe, Walmart and Amazon customers could face significant shipping delays as the Chinese city of Shenzhen is under another lockdown. 1Consumers should expect shipping delays Shenzhen is one of the major manufacturing centers in China. The already week-long shutdown due to Covid is estimated to have major impacts on shipping delays, as well as shipping costs. Over 17million of its residents were told to work from home as everything from schools to non-essential business are currently on lockdown. Shenzhen is accountable for about half of all online retail exports in China which may add even more trouble to an already tumultuous shipping crisis. Read More on Retail(Cow)shed loads of deals Cowshed announce sale with up to 20% off this Mother's Day NEW AIRWRAP The new Dyson Airwrap is here and you can curl your hair in both directions Why this disrupts Walmart and Amazon In terms of global platforms, China is responsible for cheaper versions of many everyday goods...
    WALMART announced on Monday that their Chief Financial Officer Brett Biggs would be resigning. Longtime CFO of Walmart, Brett Biggs has been with the largest retail company in the world since the year 2000. 2Longtime CFO of Walmart Brett Biggs will be leaving his position come 2023 Why did Walmart's CFO resign? Despite being a strong candidate to succeed current Walmart CEO Doug McMillon, Biggs is moving on from the company. Walmart said on November 29, 2021 that the current CFO would be leaving to pursue other opportunities in the for-profit and nonprofit sectors. Biggs, 53, will still be the CFO for sometime as he is not expected to leave the company until the end of January 2023. His successor has not yet been named, when chosen Biggs will still assist in the transition. Most read in NewsPRES & PEDO Trump, Andrew & Clinton all flew on Epstein jet, pilot tells Ghislaine trialROADRUNNER Shock moment passenger tries to WAVE down plane at LAX before cops tackle herDEADLY WRECKAGE 1 dead and 4 others airlifted to hospital after train crashes into...
    New York (CNN Business)Gas prices are skyrocketing, and Americans want to save at the pump. That plays right into the hands of Costco, BJ's Wholesale Club and Sam's Club.The national gas price average jumped to $3.41 a gallon Friday, according to AAA, 61% higher than the average at the same time last year. The Biden administration has called for an investigation into whether oil and gas companies acted illegally to push up prices. The spike has pushed more shoppers to rely on these chains to fill up their tanks, say the companies, retail analysts, and fuel experts. Gas prices at warehouse clubs can be as much as 30 cents lower than traditional gas stations, and the chains offer members coupons to use in their stores when they fill up. Gasoline sales at the warehouse clubs are an important part of their business and draw customers inside."People are seeking out the clubs because of the gas," said Michael Baker, a retail analyst at D.A. Davidson. "It's US consumers' nature to go out of their way for lower gas prices." How to...
    Big Oils increasing number of climate lawsuits draws parallels to Big Tobacco 40 Cities That Could Be Poised For a Housing Crisis Advertiser Disclosure: At Slickdeals, we work hard to find the best deals. Some products in our articles are from partners who may provide us with compensation, but this doesn’t change our opinions. © Provided by Slickdeals Cleaning your space just got much easier — as in, as little effort as possible. Enter the robot vacuum, which basically does all the work for you. At Walmart.com, the Anker eufy RoboVac is on sale for $169 (Reg. Price: $349.99). When it comes to robot vacuums, these robot cleaning machines can get expensive, reaching into the $600 price range. Check Price at Walmart Sale Price: $169 | Reg. Price: $349.99 | 52% off Even when it’s at the regular price of $350, the Anker robot vacuum is a lower price point than many other robot vacuums. So saving an extra $180 on top of the already low price makes it a great deal to grab today. A RoboVac That Cleans Hard Woods...
    New York (CNN Business)If you've gone into your local independent grocery store recently, chances are you'll still find a shortage of items like toilet paper, paper towels and cleaning supplies.Small grocers say there's a reason their shelves are still relatively bare. Major suppliers of consumer products, faced with limited supply and high demand, are prioritizing their biggest retail customers like Walmart (WMT) and Amazon (AMZN), according to the trade group representing independent grocery stores in the United States. Without access to key products, small grocers say, they're losing out on customers and facing yet another hurdle as they try to survive against big chains.It's not an entirely new problem. Before the pandemic, independent grocers were often told they could not get products or particular items available at big chains, according to Christopher Jones, senior vice president of government relations and counsel at the National Grocers Association. "What's happened during the Covid pandemic is really this issue has been magnified," Jones said. There's no publicly available data tracking out-of-stock products at small versus big stores. But Burt Flickinger, a supermarket consultant...
    As new cases rise, Fauci says easing restrictions is really risky; Senate gets $1.9B stimulus package: Live coronavirus updates Andrew Cuomo: New York governor faces new allegations that threaten his political future © Mark Ralston/AFP/Getty Images Amazon CEO Jeff Bezos has said higher pay is a good business decision. Mark Ralston/AFP/Getty Images Amazon's lobbying for a $15 federal minimum wage is a strategic business decision.  Amazon already pays workers at least $15, so a higher minimum wage won't hurt its bottom line. However, it would hurt rivals like Walmart. And, lobbying could help improve Amazon's reputation.  Visit the Business section of Insider for more stories. As Amazon lobbies for a higher minimum wage, experts say that the company is not making its decisions solely out of the goodness of CEO Jeff Bezos' heart.  Load Error "Anyone who says Amazon is supporting the federal $15 minimum wage out of their good will toward workers has to somehow explain the fact that Amazon is dragging its feet every way it can on allowing unions to organize their workers,"...
    New York : Walmart workers do taste tests to improve their ideas. Photo: varintorn / Pixabay There are many people who are fans of the Walmart supermarket chain because of the low prices they can find there. However, the store’s bakery department is especially appreciated by a good part of this public. And here buyers can order personalized cakes and even decorate them themselves, in addition to they can find an assortment and quality that so far has not been fully matched by the competition. Likewise, the Walmart bakery is always creating new things, which means that innovative desserts can always be found. Another plus point is that it usually sells all types of breads, whether they are rolls, tortillas, donuts or muffins. In other words, a buyer can find what they want here. Another important and attractive aspect is the quality of its products. And it is that, to maintain the quality of the breads, workers brainstorm and propose interesting and valuable suggestions for their desserts through taste tests, as reported in Mashed. In...
    VIDEO1:3601:36Walmart CEO: Government should provide additional stimulusSquawk Alley When Walmart CEO Doug McMillon went to the White House last week, he said he gave a clear message: Americans urgently need another round of stimulus checks. Walmart's stores and websites reflect consumers' spending patterns, the retail chief said in an interview with CNBC's Courtney Reagan on "Squawk Alley." The company could tell when they stocked up on food and cleaning supplies in the early part of the pandemic and gravitated toward bikes, puzzles and hair color as they remained stuck at home. When shoppers got the most recent stimulus checks at the end of the year, he said a new pattern emerged: More shoppers put the extra dollars toward buying necessities. "We can see in our customer behavior that some customers — as they received this most recent stimulus — are spending it more on basics, more on private brands, smaller pack sizes, things like that as opposed to some of the stimulus dollars that came out earlier last year that were spent more like tax rebate checks, where people were...
    A woman wearing a face mask walks past a sign informing customers that face coverings are required in front of a Walmart store in Washington, DC on July 15, 2020.Andrew Caballero-Reynolds | AFP | Getty Images Walmart wants to tap what it sees as its greatest asset: its reach. Every month, 160 million customers visit its stores or its website. The company not only wants to sell groceries, clothes and other items. It wants to chase new business opportunities, from bulking up its ad sales to becoming a major health-care provider. With the strategy, Walmart is acknowledging a tough reality: Retail may not be enough to power its future. On Thursday, the retail giant's leaders spoke at a virtual investor day and detailed a plan to sustain momentum as some pandemic-related tailwinds fade and online sales swell. Walmart CEO Doug McMillon said the discounter will weave together diverse services that customers want, from issuing a credit or debit card to dropping off groceries to their doorstep. It will also increase investments to cater to customers' changed shopping habits,...
    COVID-19 vaccine rollout has been chaotic and confusing. Whats going on? NATO announces expanded mission in Iraq on the heels of deadly rocket attack © Courtesy of Walmart Courtesy of Walmart Walmart announced it would raise pay for some workers, while maintaining $11 starting wage. CEO Doug McMillon said the raises will help the company create a "ladder of opportunity." He also said a $15 minimum wage should be paced in a way that benefits the US economy. Visit the Business section of Insider for more stories. Walmart announced Thursday that it would raise wages for some workers while maintaining an $11 starting pay.  Load Error Chief executive Doug McMillon said the increases are designed to create a "ladder" system for worker promotions at the country's largest retailer and biggest private sector employer. The raise, which will bring 425,000 associates' pay to between $13 and $19 per hour, will go into effect March 13.  "Those people that we're raising wages for tend to have been with us for a longer period of time than someone that...
    THE hashtag #BoycottWalmart has been trending due to a few comments a GOP senator made regarding the US presidential election. Republican senator Josh Hawley slammed the company on Twitter for calling him a sore loser regarding his statement about objecting Joe Biden’s electoral college win in a meeting with Congress on January 6. 4Republican Senator Josh Hawley was jabbed by Walmart's official Twitter account on Wednesday afternoonCredit: AP:Associated Press Why is #BoycottWalmart trending?  #BoycottWalmart is trending on Twitter as Senator Josh Hawley released a statement on Thursday afternoon that he was objecting to President-elect Joe Biden’s electoral college win. The company’s social media manager used the official Walmart account to call out Hawley, tweeting: “Go ahead. Get your 2 hour debate. #soreloser.” The tweet instantly caused a stir on the website, with Hawley catching the jab and slamming the company for their alleged use of “slave labor.” 4Walmart's Twitter account called Senator Hawley a 'sore loser' for his statement saying he would object to Joe Biden's electoral college win but later apologized for the mishapCredit: EPA The senator tweeted: “Thanks...
    TikTok : Walmart joins Microsoft to buy TikTok 1:26 (. Business) – Walmart is a 58-year-old American company known for large stores that sell everyday items, casual clothing, groceries, and televisions. TikTok is a Chinese-owned app that in just a few years has wowed hundreds of millions of teens with its entertaining dance videos, lip-syncing performances, and comedy routines. At first glance, the two couldn’t be more different. That’s why Walmart’s announcement that it would join Microsoft in its bid to buy TikTok’s US operations came as a surprise to many. But analysts who have seen the meteoric rise of social media commerce in China, a mix of social media activity and frenzied online shopping, say Walmart’s interest in TikTok makes perfect sense. The Chinese version of TikTok, known as Douyin, is one of several apps in the country that have taken advantage of the increasing number of Chinese shoppers who like to buy things on social media platforms. Users of rival Kuaishou, owned by Douyin and Tencent, for example, can purchase products...
    Florida’s DeSantis Seeks Tough Penalties for Protesters Prices for These Types of Meat Have Fallen Significantly Why TikTok deal could mean big growth for Walmart’s ads business Walmart confirmed over the weekend it had tentatively agreed to purchase a 7.5% stake of TikTok in the U.S. It could be a boon for the retailer's tiny but growing advertising business.  © Provided by CNBC Walmart confirmed over the weekend it had tentatively agreed to purchase a 7.5% stake of TikTok in the U.S., alongside Oracle's larger 12.5% stake. Load Error That deal could be a boon for the retailer's tiny but growing advertising business.  Although it's known for its big-box stores, Walmart has an advertising business that resembles Amazon's, albeit on a much smaller scale. On Walmart's own website, advertisers can sponsor their products to appear prominently in search or on product detail pages. It also has a display advertising network, which lets advertisers reach Walmart customers both on the retailer's own digital properties and off-site, whether that's on other websites or on social channels like Instagram...
    New York (CNN)Walmart is known for its massive superstores that sell everything from groceries to electronics. Now, it's trying to boost its reputation in fashion.The company is launching a new in-house clothing brand called Free Assembly. The 55 piece collection ranges from $9 to $45 and will sell online and in 250 Walmart (WMT)stores.In a blog post, the company said that it aimed to offer "high-quality pieces" at lower prices. Examples include a $45 structured blazer and a $40 fishtail parka. Some of the items are made from organic cotton.Walmart's (WMT) primary business is groceries, which account for more than half of its sales. But groceries are a notoriously low-margin business. So Walmart in recent years has been building out its clothing and home goods' offerings. Walmart launched a new private label brand called Free Assembly.In 2018, it debuted four new private-label lines: Time and Tru for women, plus-sized Terra & Sky, Wonder Nation for kids, and George for men.Read MoreClothing makes up less than a tenth of Walmart's sales, compared to around 20% at Target (TGT), according to filings....
    SAN Leandro Police officer Jason Fletcher faces manslaughter charges in the killing of Steven Demarco Taylor, who was fatally shot inside a Walmart. Fletcher was charged with voluntary manslaughter on September 3 nearly five months after shooting the 33-year-old black man dead as he wielded a bat inside the store in California. 8A California cop has been charged in the fatal April 18 shooting of Steven Taylor inside a WalmartCredit: Courtesy of Lee Merrit Here is more on Steven Taylor’s death.  Who was Steven Taylor?  Taylor, 33, was a black man who was fatally shot by a white cop inside of a Walmart in Alameda County on April 18. Why was he fatally shot in Walmart? Cops were called to the Walmart when Taylor had allegedly tried to leave the Walmart without paying for a purchase, according to CBS San Francisco. When police searched the Walmart store, there were no signs that a theft had occurred, but they found Taylor wielding a baseball bat. Bodycam footage shows the officers ordering him to drop the bat multiple times, but Taylor...
    Walmart has failed to be competitive in this area of ​​food. Photo: Mario Tama / . Organic foods have gained popularity in recent times as people become more aware of how the food they eat impacts their health and the environment. If you are from this group of people, you may be looking for a store where you can buy this type of food without spending much, so you might want to go elsewhere instead of Walmart. And it is that the giant of supermarkets has already offered a great variety of organic products for some time. However, these foods are usually more expensive due to the way they are produced, and at Walmart you could find them with a particularly higher price, according to Mashed. Although the store offers these types of products, it has not yet been able to offer them to consumers at a competitive price, and you could find them cheaper in other stores, such as Whole Foods, according to an analysis by The Simple Dollar. So if...
    TikTok : Walmart joins Microsoft to buy TikTok 1:26 (. Business) – Walmart is a 58-year-old American company known for large stores that sell everyday items, casual clothing, groceries, and televisions. TikTok is a Chinese-owned app that in just a few years has wowed hundreds of millions of teens with its entertaining dance videos, lip-syncing performances, and comedy routines. At first glance, the two couldn’t be more different. That’s why Walmart’s announcement that it would join Microsoft in its bid to buy TikTok’s US operations came as a surprise to many. But analysts who have seen the meteoric rise of social media commerce in China, a mix of social media activity and frenzied online shopping, say Walmart’s interest in TikTok makes perfect sense. The Chinese version of TikTok, known as Douyin, is one of several apps in the country that have taken advantage of the increasing number of Chinese shoppers who like to buy things on social media platforms. Users of rival Kuaishou, owned by Douyin and Tencent, for example, can purchase products...
    Hong Kong (CNN Business)Walmart is a 58-year-old American company known for big box stores that sell everyday goods, casual clothing, groceries and TVs. TikTok is a Chinese-owned app that in just a few years has captivated hundreds of millions of teens with its entertaining dance videos, lip syncing performances and comedy routines. At first glance, the two couldn't be more different. That's why Walmart's (WMT) announcement that it was joining Microsoft (MSFT) in its bid to buy TikTok's US operations came as a surprise to so many. But analysts who have watched the meteoric rise of social commerce in China — a mash up of social media activity and frenzied online shopping — say Walmart's interest in TikTok makes perfect sense. Walmart is joining Microsoft in the pursuit of TikTokThe Chinese version of TikTok, known as Douyin, is one of several apps in the country that have tapped into the rapidly growing number of Chinese shoppers who like to buy stuff on social media platforms. Read MoreUsers of Douyin and Tencent-owned (TCEHY) rival Kuaishou, for example, can buy goods after...
    TikTok is in trouble. Over the course of less than a day, the company lost its CEO and gained a surprising new suitor. The breakout social app could be within days of making a deal to sell itself to an American company — but the turmoil surrounding the sale threatens to leave the company permanently damaged. First, the CEO. In May, longtime Disney executive Kevin Mayer left the company to become chief operating officer at ByteDance and CEO of TikTok, its popular US subsidiary. “As one of the world’s most accomplished entertainment executives, Kevin is incredibly well placed to take ByteDance’s portfolio of products to the next level,” ByteDance founder and CEO Yiming Zhang said at the time. Mayer was coming off the wildly successful launch of Disney Plus, which rocketed to more than 50 million subscribers in less than six months. Disney’s board of directors had passed Mayer over for the CEO job anyway, though, and so he had reason to leave. Thus began Mayer’s brief and mostly silent reign at TikTok, which was thrown into disarray earlier this...
    Walmart will discontinue the sale of products emblazoned with the phrase “All Lives Matter,” the retail giant announced Tuesday. Walmart has ceased the sale of products featuring the phrase “indefinitely” amid public backlash, the company announced. The company alleged that the statement is insulting to the Black Lives Matter BLM movement that has gained prominence following the death of George Floyd. The items in question are sold by third parties, USA Today reported. “We fundamentally believe all lives do matter and every individual deserves respect,” Walmart said in a statement, according to USA Today. “However, as we listened, we came to understand that the way some, but not all, people are using the phrase ‘All Lives Matter’ in the current environment intentionally minimized the focus on the painful reality of racial inequity.” Walmart Canada made a similar move on Thursday when it removed a T-shirt that read “All Lives Matter” after facing fierce opposition on Twitter, according to CTV News. Are you kidding me ⁦@WalmartCanada⁩??? Disgusting. Do better. https://t.co/xKiE82NAWi — Kate Udle (@KateUdle) June 23, 2020 Other businesses have...
    London (CNN Business)Coca-Cola. Berkshire Hathaway. Marriott. Philip Morris. Walmart.These are just some of the companies whose debt was snapped up by the Federal Reserve as of mid-June, part of the central bank's unprecedented intervention in credit markets. CNN parent company AT&T is another.What's happening: The Fed disclosed hundreds of millions of dollars in purchases of individual corporate bonds on Sunday, while identifying nearly 800 eligible issuers whose bonds it could buy down the line.The action by the Federal Reserve has been lauded by investors for easing conditions in credit markets after they rapidly deteriorated in March, avoiding a potentially catastrophic corporate cash crunch that could have triggered a wave of bankruptcies. In a note to clients Monday, Goldman Sachs said the Fed's announcement that it would buy corporate bonds in the primary and secondary markets was enough to quickly provide relief.Read More"The mere presence of the backstops helped to restore the flow of private credit," chief economist Jan Hatzius said.The policy has proved "remarkably powerful" to fight this crisis, Goldman Sachs said. But it's not clear the Fed should use...
    A video is going viral of a woman unleashing a racist tirade at two Black women at a Walmart. In the video, which has over 3 million views, “Karen” calls the two women “animals” and claims they “want to get killed.”  My friend recorded this today in Walmart smh. pic.twitter.com/sPOi8o3ufD— blair waldorf. (@saditysabrina_) June 19, 2020 It’s unclear how the argument began, but the video starts with Karen, who has yet to be identified, saying she should call the “detail cop who is actually working to pay bills, instead of on welfare.” The woman who is recording tells her to “go ask them, b*tch!” Karen continues to taunt the women by sarcastically saying “Black Lives Matter,” as she peruses through the products on the shelves.  “This is why they get shot and killed—because this is how they act,” Karen says. “Look at this Donald Trump, they’re animals.” The two women subject to her racist rant sigh in disbelief and repeatedly say, “Oh lord!” One of the women can be heard in the background saying, “We in the store,...
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