Walmart saved millions from elder gift card scams

A gift card display stands at a Walmart Inc. store in Burbank, California. Patrick T. Fallon | Bloomberg | Getty Images Technology developed by Walmart helped the retail giant identify and freeze nearly $4 million in gift cards that had been bought by thousands of primarily elderly victims at the direction of con artists who … Read more

Tiger Woods turns up at Augusta National in FootJoy golf shoes, not Nike

A detail of the shoes of Tiger Woods of the United States as he warms up in the practice area prior to the Masters at Augusta National Golf Club on April 03, 2022 in Augusta, Georgia. Gregory Shamus | Getty Images Tiger Woods didn’t wear the iconic Nike swoosh on his feet when he stepped … Read more

Starbucks’ New York City Reserve Roastery becomes the 9th cafe to unionize

Employees serve customers at a newly opened Starbucks’ Reserve Roasteries in the Meatpacking District on December 14, 2018 in New York City. Spencer Platt | Getty Images Starbucks baristas at its New York City Reserve Roastery voted 46-36 in favor of forming a union on Friday, dealing a blow to incoming interim CEO Howard Schultz … Read more

Walgreens Boots Alliance (WBA) Q2 2022 earnings

A person enters a Walgreens store in San Francisco, California, US, on Tuesday, April 13, 2021. David Paul Morris | Bloomberg | Getty Images Walgreens Boots Alliance on Thursday announced fiscal second-quarter earnings that topped analysts’ expectations, after the omicron variant of Covid-19 intensified demand for booster shots and tests and drove foot traffic during … Read more

$3 billion arena, hotel and casino project planned

Las Vegas came in first in Hotwire’s ranking of best major metropolises for quick getaways amid the pandemic. Chris Sattlberger/Getty Images Las Vegas’ sports scene is about to get more crowded. Sports executive and entrepreneur Tim Leiweke’s Oak View Group, one of the largest stadium and arena developers in the world, announced Wednesday it has … Read more

Dairy Queen launches Stackburger line as chain sees record sales in 2021

Dairy Queen’s Flamethrower Stackburger and small ice cream cone Source: Dairy Queen Dairy Queen is expanding its burger offerings as the fast-food chain looks beyond Blizzards and other desserts. The new Stackburger line is Dairy Queen’s biggest menu expansion in two decades, with five burger flavors for US customers: Flamethrower, Loaded A1, Bacon Two Cheese … Read more

FedEx names Raj Subramaniam as CEO, replacing founder Fred Smith

FedEx Express President and CEO Raj Subramaniam during the final round of the World Golf Championships – FedEx St. Jude Invitational on July 28, 2019 in Memphis, Tennessee. Michael Wade | Icon Sportswire | Getty Images FedEx Corp. said Monday that Fred Smith will step down on June 1 as CEO of the package-delivery company … Read more

California grocery workers vote to authorize strike

Thousands of central and Southern California grocery workers have voted to authorize their union to call a strike against several major supermarket chains ByThe Associated Press March 27, 2022, 9:50 PM • 3 min read Share to FacebookShare to TwitterEmail this article LOS ANGELES — Thousands of central and Southern California grocery workers have voted … Read more

Sen. Tammy Baldwin urges Kohl’s to reject bids threatening jobs in Wisconsin

A view outside a Kohl’s store in Miramar, Florida. Johnny Louis | Getty Images A US senator from Wisconsin is urging Kohl’s to not accept any buyout offer that might precede a bankruptcy filing or threaten workers’ jobs in the retailer’s home state. Sen. Tammy Baldwin, a Democrat, sent a letter to Kohl’s board of … Read more

Alibaba stock spikes after it ups share buyback program to $25 billion

Alibaba’s headquarters in Hangzhou, China, on Wednesday, Nov. 10, 2021. Qilai Shen | Bloomberg | Getty Images Alibaba’s Hong Kong-listed stock surged more than 11% on Tuesday after the Chinese e-commerce giant said it would increase the size of its share buyback program from $15 billion to $25 billion. The share repurchase scheme will be … Read more