Tesla’s huge brand damage, Walmart’s manager pay, Target follows Costco: Business news roundup
09 Apr
Business News

Tesla’s huge brand damage, Walmart’s manager pay, Target follows Costco: Business news roundup

Posted by author-avatar
0
Image: Scott Olson (Getty Images), Scott Olson / Staff (Getty Images), Scott Olson (Getty Images), Duolingo, Photo: Andrew Harnik (Getty Images), Michael Ciaglo (Getty Images), Joe Raedle (Getty Images), Mario Tama (Getty Images)A Walmart in Chicago, Illinois. Image: Scott Olson (Getty Images)Walmart’s big pay bump for its store managers is paying off, according to U.S. CEO John Furner. Speaking at the National Retail Federation (NRF) State of Retail & the Consumer 2025, Furner highlighted the company’s efforts to boost engagement and performance across its management ranks. Read MoreIn this photo illustration, the injectable weight-loss medication Wegovy is available at New City Halstead Pharmacy on April 24, 2024 in Chicago, Illinois.Image: Scott Olson / Staff (Getty Images)After revolutionizing the weight-loss drug market, Novo Nordisk (NGO) and Eli Lilly (LLY) are setting their sights on heart health. Both pharma...
Continue reading
Target slashes bonuses, Walmart holds the eggs, and cheaper Wegovy: Business news roundup
09 Apr
Business News

Target slashes bonuses, Walmart holds the eggs, and cheaper Wegovy: Business news roundup

Posted by author-avatar
0
Image: Justin Sullivan (Getty Images), Mario Tama / Staff (Getty Images), Scott Olson / Staff (Getty Images), Scott Olson (Getty Images), Photo: Julia Demaree Nikhinson/Pool (Getty Images), Jason Miller / Stringer (Getty Images), Scott Olson (Getty Images), Win McNamee (Getty Images)A Target in Albany, California. Image: Justin Sullivan (Getty Images)Target has announced it will reduce bonuses for salaried employees due to weak consumer spending and inflationary pressures. Bloomberg, citing sources with knowledge of the situation, said employees will receive 87% of their eligible 2024 bonuses, a sharp decline from the previous year, when workers received 100% of their bonuses, with some even seeing their payouts double. Read MoreIn this photo illustration, boxes of the diabetes drug Ozempic rest on a pharmacy counter on April 17, 2023 in Los Angeles, California.Image: Mario Tama / Staff...
Continue reading
Jacqueline Fernandez grieves the demise of her mother Kim Fernandez after she passes away in Mumbai
09 Apr
Breaking News

Jacqueline Fernandez grieves the demise of her mother Kim Fernandez after she passes away in Mumbai

Posted by author-avatar
0
In heartbreaking news from the world of entertainment, actress Jacqueline Fernandez’s mother, Kim Fernandez, passed away on Sunday after a brief period of hospitalization. She had been undergoing treatment at Lilavati Hospital in Bandra following a severe stroke in March. While several media outlets have confirmed the sad demise, the Fernandez family is yet to issue an official statement. Jacqueline Fernandez grieves the demise of her mother Kim Fernandez after she passes away in Mumbai Kim Fernandez had been battling serious health complications since the stroke that occurred during the last week of March. She was urgently admitted to the Intensive Care Unit (ICU) at Lilavati Hospital, where she had remained under close medical supervision. In light of her mother’s deteriorating condition, Jacqueline had opted out of a scheduled IPL performance in Guwahati, ahead of the...
Continue reading