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Walmart pulls back on DEI efforts, removes some LGBTQ merchandise from website

Walmart on Monday confirmed that it’s ending some of its diversity initiatives, removing some LGBTQ-related merchandise from its website and winding down a…
Investing

U.S. charges former Wamco executive Kenneth Leech with fraud

Kenneth Leech, the former co-chief investment officer of Western Asset Management Co, was charged by U.S. authorities on Monday with running a…
Investing

Kohl’s CEO Tom Kingsbury to step down and be replaced by Michaels CEO Ashley Buchanan

Kohl’s is getting a new CEO, its third since 2018. The off-mall department store’s current CEO Tom Kingsbury is stepping down effective Jan….
Economy

German opposition leader: ‘definitely’ no debt brake reform before February vote

BERLIN (Reuters) – Germany’s conservative opposition leader and possible next chancellor, Friedrich Merz, on Wednesday rejected a reform of the debt brake…
Economy

Fed will deliver another 25bp cut in December, Barclays says

Investing.com — Barclays anticipates that the Federal Reserve will implement another 25 basis point rate cut in December, according to insights from the…
Economy

Trump’s budget plans push US government lawyers to private sector

By David Thomas (Reuters) – Rank-and-file attorneys in the federal government fear major budget cuts when President-elect Donald Trump assumes office and…
Economy

JPMorgan upgrades Mexican equities on U.S. growth, downgrades Brazil

(Reuters) – JPMorgan upgraded Mexican equities to “overweight” from “neutral” on the back of strong U.S. growth, but cut Brazilian equities citing…
Economy

Russian rouble down by one quarter since early August

By Gleb Bryanski MOSCOW (Reuters) – The Russian rouble weakened further against the U.S. dollar and China’s yuan on Wednesday and is…
Stock

Futures dip as caution prevails ahead of inflation data

(Reuters) – U.S. stock index futures slipped on Wednesday as investors awaited key economic data, including a crucial inflation report, which is…
Stock

CFM re-allocates some engines in boost to Airbus, sources say

By Tim Hepher MUNICH (Reuters) -Jet engine maker CFM has agreed to divert some engines to Airbus to narrow a supply gap…
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