Exclusive-Walmart cuts pharmacist pay, hours while workload piles up

Walmart is asking some of its 16,000 pharmacists across the U.S. to voluntarily take pay cuts and reduce their working hours in a bid to reduce costs, a person familiar with the matter told Reuters.  The cuts, which haven't been previously reported and are aimed at pharmacists in higher wage brackets, highlight the new pressures at Walmart pharmacies, where shoppers are lining up to buy top-selling weight-loss drugs that are high priced but a drag on profits.  Walmart also agreed in late 2022 to pay $3.1 billion as its share of an opioid-related legal settlement, which is adding to its legal costs this year.

Canadian union Unifor names Ford as bargaining target among Detroit Three

Canadian union Unifor on Tuesday announced Ford Motor as its potential target for negotiations amid contract talks with the Detroit Three automakers.  Unifor and the United Auto Workers (UAW) union's members at the Detroit Three automakers have voted in favor of a strike authorization if an agreement is not reached before the current contract expires.  The Canadian operations of the Detroit Three are much smaller than their U.S. operations.

Netflix's Latest Moves: Gaming Beta, Upfront Success, and Content Exits

Today's top stories for Netflix Inc. (NASDAQ: NFLX) cover the company's ambitious foray into cloud gaming, its triumphant Upfront presentation, and the upcoming removal of various titles from its platform. Let's delve into these three pivotal developments. Netflix's Gaming Adventure: Netflix has rolled out a beta version of its video game streaming service in the UK and Canada, marking its first steps into the cloud gaming arena. This new venture could potentially shake up the gaming industry, p

Meta Uncovers Largest-Ever Chinese Influence Network

The company removed almost 8,000 accounts and said the campaign aimed at advancing China’s interests was largely unsuccessful.

Nvidia Stock Jumps Into Buy Range As Google AI Alliance Expands — Is It A Buy?

Nvidia, a giant in data centers and gaming, is supercharging investor interest in artificial intelligence.  Is Nvidia stock a buy as the chip giant expands an AI-fueled Google Cloud alliance?  On Aug. 29, Nvidia and Google Cloud announced they're expanding their partnership.

Apple Sets the Date for Its Special Event. New iPhones Are Likely.

Apple has scheduled a product launch event for Sept. 12 at 10 a.m. Pacific time, almost certainly to be highlighted by the debut of the iPhone 15.  The event will be broadcast from the company’s Apple Park campus in Cupertino, Calif., and will be available to view on the apple.com website.  The invitation for the  Apple  (ticker: AAPL) event includes the headline “Wonderlust.”

Apple in the Spotlight: Supply Chain, Repair Rights, and a Game-Changing iPhone 15 Design

Apple Inc. (NASDAQ: AAPL) is making headlines today with three significant stories that are shaping the company's trajectory. Here's a quick dive into the top three stories related to the tech giant. Supply Chain Diversification: Apple is strategically diversifying its supply chain amid escalating tensions between the U.S. and China. The tech giant is now looking towards India and Vietnam as potential delivery hubs. While this move comes with its own set of challenges, such as less mature supply

Why CrowdStrike Stock Popped on Tuesday

Wall Street sure is rocking the boat on cybersecurity operator CrowdStrike (NASDAQ: CRWD) this week!  With earnings in the offing, analysts at Morgan Stanley decided to cut their price target on CrowdStrike yesterday, costing CrowdStrike about 3.7% of its market capitalization as investors got spooked.  Today, CrowdStrike's moving the other way, as a bullish note from Needham sends the stock back up about 2% through 1 p.m. ET.

Tesla luxury rival previews newest premium electric model

The Swedish luxury automaker teases its latest electric vehicle model on which it will reveal details in November.

20 States with the Most Electric Vehicles

In this article, we will be taking a look at the 20 states with the most electric vehicles. To skip our detailed analysis, you can go directly to see the 5 states with the most electric vehicles. Global electric vehicle industry outlook The electric vehicle industry has exploded in recent years, with electric cars comprising […]

Stocks to Watch Tuesday: Hawaiian Electric, Best Buy, NIO, Alphabet

↘️ [**Hawaiian Electric Industries (HE)**](https://www.wsj.com/market-data/quotes/HE): The utility company’s stock was down more than 3% in afternoon trading following a big jump Monday. A unit of Hawaiian Electric [denied Monday](https://www.

Struggling Nio Hopes To Find Salvation In Product Revamping

Nio Inc (NYSE: NIO) reported a wider-than-expected second quarter loss amid its transition to an updated EV platform and worsening China economy. But EV startup is expecting the remaining half of the year to be better as it continues its efforts challenge the EV king Tesla Inc (NASDAQ: TSLA) and China’s best-selling EV brand BYD Company Limited (OTC: BYDDY) as well as its EV startup peers, XPeng Inc (NYSE: XPEV) and Li Auto Inc (NASDAQ: LI). Nio’s Second Quarter Highlights For the quarter ended

Bitcoin saved from torrid August by landmark Grayscale ruling

Bitcoin's gains from a U.S. court ruling that bolsters future prospects for retail investor-friendly funds have rescued the original cryptocurrency from a torrid month, offering new optimism over its longer-term outlook.  The Securities and Exchange Commission's denial of Grayscale Investments' proposal was "arbitrary and capricious", a federal court said on Tuesday, handing the crypto asset manager a landmark victory that could pave the way for the first product of its kind.  Top cryptocurrency bitcoin gained 7% on the news, setting it on course for its best day since March and cutting some of the heavy losses incurred over the summer.

Consumers amp up back-to-school spending because of inflation: Strategist

U.S. consumers are opening up their wallets wider for back-to-school shopping this year as compared to last year, according to Jefferies' latest consumer survey. Jefferies Vice President of Equity Research Corey Tarlowe joins Yahoo Finance Live to discuss consumer spending patterns. "50% of the people who we surveyed actually intend to spend more into back-to-school," Tarlowe says on the survey of 600 U.S. consumers. "But clicking a little deeper, 70% actually cited inflation as the primary reason that they're spending more." Tarlowe uses credit card debt and earnings data from retailers like Walmart (WMT) to forecast what could be in store for retailers in 2023's holiday season.

Apple to host (rumored) iPhone 15 event Sept. 12

Apple will host its annual fall event on Sept. 12.

Google stock rises as it says it will charge $30 for enterprise AI service

Google says it will charge $30 per month for its new enterprise AI platform.

Google Announces Premium Duet AI Tools, Launches A3 Supercomputer

The tech giant announced a host of new products aiming to capitalize on artificial intelligence demand at its Cloud Next conference Tuesday.

Fluke Reliability Acquires AI-Powered Vibration Analytics and Remote Condition Monitoring Solution

EVERETT, Wash., August 29, 2023--Fluke Reliability, a wholly owned subsidiary of Fortive Corporation [NYSE: FTV], which empowers reliability and maintenance teams with the hardware, software, and services they need to optimize asset performance, has acquired Azima DLI, a market leader in subscription-based remote condition monitoring and AI-powered vibration analytics software.

Goldman Pays $5.5 Million Over Allegation It Didn’t Record Calls

(Bloomberg) -- Goldman Sachs Group Inc. agreed to pay $5.5 million to settle a US regulator’s allegations that it failed to fully record and retain thousands of phone calls.Most Read from BloombergPutin Agrees to Visit China in First Trip Since Arrest WarrantCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesWhat to Do With a 45-Story Skyscraper and No TenantsUS Court Paves Way for Spot Bitcoin ETF in Grayscale RulingS&P 500 Climbs 1% as Traders Dial Back Fed Wagers: Markets WrapThe

Did You Have To Become a New Netflix Subscriber? How the Company Is Now Raking In the Cash

As streaming competition builds and financial pressures intensify, in May, Netflix rolled out strict restrictions on password sharing in the U.S. and other countries. It was a bold move that had many...

Elon Musk's 77-Year-Old Dad Says He's Asked To Donate His Sperm: 'Why Go To Elon When They Can Go To The Actual Person Who Created Elon?'

Tesla Inc. CEO Elon Musk's father recently said he was approached by an undisclosed South American company with an unusual proposition. The company expressed interest in him donating sperm to facilitate the creation of people who share genetic traits with his famous son, the 77-year-old told The Sun. "I've got a company in Colombia who want me to donate sperm to impregnate high-class Colombian women because they say, ‘Why go to Elon when they can go to the actual person who created Elon,'" Elon

5 Best Inverse/Leveraged ETF Areas of Last Week

Wall Street delivered mixed performances last week due to rising rates.

Tesla luxury rival Volvo teases new electric vehicle model

UPDATE 1-Goldman to pay $5.5 mln to settle US CFTC accusations it failed to keep cell phone records

Goldman Sachs will pay a $5.5 million civil penalty to settle allegations it failed to keep records of staff cell phone calls, and for breaching a prior order, the U.S. Commodity Futures Trading Commission (CFTC) said on Tuesday.  The CFTC's order finds Goldman violated a cease-and-desist provision of a prior order and committed record-keeping violations in connection with failing to properly record and retain certain audio files, the regulator said in a statement.  In November 2019, the CFTC found that Goldman failed to record the phone lines of a trading and sales desk for 20 calendar days in January and February 2014, after its recording hardware malfunctioned following a software patch.

Duke Energy Partners with Local Nonprofits to Distribute Fans to Help Seniors, Low-income Customers Beat Summer Heat

Summer temperatures often mean customers are looking for ways to beat the heat and Duke Energy is working with local nonprofit agencies to distribute critical relief for residents in need.

Las Vegas Sands Announces a $100,000 Sands Cares Donation to Dress for Success Southern Nevada

Las Vegas Sands (NYSE:LVS) announced it will contribute $100,000 through Sands Cares to Dress for Success ® (DFS) Southern Nevada.

Oracle Stock Rallies as Analyst Sees AI Boost

UBS is upbeat about Oracle's strong relationship with Nvidia, the leading provider of graphics processing units used in artificial intelligence.

Google Cloud and NVIDIA Expand Partnership to Advance AI Computing, Software and Services

NVIDIA Generative AI Technology Used by Google DeepMind and Google Research Teams Now Optimized and Available to Google Cloud Customers WorldwideSAN FRANCISCO, Aug. 29, 2023 (GLOBE NEWSWIRE) -- Google Cloud Next -- Google Cloud and NVIDIA today announced new AI infrastructure and software for customers to build and deploy massive models for generative AI and speed data science workloads. In a fireside chat at Google Cloud Next, Google Cloud CEO Thomas Kurian and NVIDIA founder and CEO Jensen Hua

Legacy of Entrepreneurship Lives on Within Family With U.S. Bank by Their Side

NORTHAMPTON, MA / ACCESSWIRE / August 29, 2023 / U.S. Bank Photo: Terry and Tiffany Woodley, owners of Woodley Building Maintenance and children of founder Jimmy Woodley, at their office location. Originally published on U.S. Bank company blog ...

The Bell Wisdom: Mauricio (General Manger/Gerente General)

NORTHAMPTON, MA / ACCESSWIRE / August 29, 2023 / Yum! Brands Taco Bell Blog At 16 years old, Mauricio began venturing off to the city away from his small town on the lookout for a job. Mauricio remembers that this was the age that young Costa ...

Where Finance and Future Meet

Today's Financial News

Upcoming earnings this week