Linda Lacina, managing editor of Entrepreneur, breaks down Wal-Mart's shocking decision to raise wages and close 63 Sam's Club locations on the same day.
Lacina says she would've spaced out the announcements, going public with the wage raises first and then waiting to close the Sam's Club locations. Wal-Mart's decision to turn some Sam's Clubs into e-commerce centers is an effort to compete with online retailers, that can deliver almost any item to anyone, anywhere in the country.
Lacina says after years of negative public perception, Wal-Mart had turned its image around. It will now have to rebound from Thursday's developments.
What does AI actually mean for the US economy? Andrew Husby of BNP Paribas breaks down the macro signals, risks, and opportunities hiding in plain sight.
Dominick Passanante of Panasonic Connect breaks down the innovations behind TOUGHBOOK and why rugged tech is more relevant than ever in today's mobile workforce
Voya Financial CEO Heather Lavallee marks 10 years of Voya Cares, spotlighting research and expanding financial access for Americans with disabilities.
When Treasury Secretary Scott Bessent (above) and Fed chair Jay Powell jointly summon America’s top bankers to a meeting in Washington, you know it’s big.
Kim Crawford Goodman, CEO of Smarsh, breaks down how financial firms are scaling AI while managing compliance, risk, and regulation in a changing landscape.