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Walmart shares tumbled 7.6% after it said U.S. shoppers were reining in spending on big-ticket items amid soaring consumer prices. Read More
Sam Walton’s three surviving children, Alice, Jim and Rob, daughter-in-law Christy and Christy’s son, Lukas, own just under half the retailer, giving them a combined net...
The world’s 500 richest people lost a total of more than $54 billion Friday amid the broader market rout. Read More
Fidji Simo ran Facebook’s app with 1.8 billion users. Now she’ll be grocery startup Instacart’s CEO. Read More