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.
HealthCentral CEO Justin Chase joins to discuss the drops app and its mission to combat medical misinformation and improve access to trusted health info.
Rob Thummel of Tortoise Capital breaks down oil prices, geopolitical risks, and what a volatile energy market could mean for investors and consumers this summer