Walmart CEO may fire up federal minimum wage debate

Walmart CEO on offering education assistance to employees Walmart CEO Doug McMillon on its shareholder meeting and jobs in America. During Walmart’s annual shareholders meeting at its headquarters in Arkansas on Wednesday, CEO Doug McMillon panned the federal minimum wage as the retailer faced criticism from Sen. Bernie Sanders over its pay practices. Continue Reading Below McMillon started off the […]

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China ramps up war of rhetoric in trade standoff with US

In this Wednesday, May 22, 2019, photo, surveillance cameras are seen outside the headquarters of Chinese security technology company Hikvision in Hangzhou in eastern China’s Zhejiang province. Stepping up a propaganda offensive against Washington, China’s state media on Friday accused the U.S. of seeking to “colonize global business” by targeting telecom equipment giant Huawei and other Chinese companies. (Chinatopix via […]

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VanEck Semiconductor ETF Up On Relaxation of Huawei Restrictions

This article was originally published on ETFTrends.com. On Monday, the US Commerce Department announced that it would relax some of the restrictions the United States imposed on the Chinese company last week. The restrictions have made it difficult for American companies to do business with Huawei. The VanEck Vectors/Semiconductor ETF (SMH), which was down considerably on the news last week, […]

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Why Shares of Circor Are Up Big on Tuesday

What happened Shares of Circor International (NYSE: CIR) jumped 43% on Tuesday after Crane (NYSE: CR) went public with a $1.7 billion offer to buy the engineered components manufacturer. Crane said it went public after its private overtures were ignored, but the Circor board is going to have a hard time ignoring Tuesday's share price movement. Continue Reading Below So […]

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Stock futures up as Huawei ban delay offsets retail woes

Increased market volatility ahead over China trade uncertainties? E-Valuator Funds CIO Kevin Miller on Home Depot’s first-quarter results and the impact of U.S.-China trade tensions and the Federal Reserve on the markets. U.S. stock futures rose Tuesday as the administration's delay on its blacklisting of Huawei Technologies offset the effect of weak retail quarterly results. Continue Reading Below Kohl's reported that […]

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Richemont net profit up on one-off gain, sales up

Compagnie Financiere Richemont SA (CFR.EB) said Friday that its net profit for the year ended March 31 rose on a one-off gain. The Swiss luxury-goods group said net profit for fiscal 2019 was 2.79 billion euros ($3.12 billion), up from EUR1.22 billion the previous year. Analysts had seen Richemont’s net profit at EUR2.96 billion, according to a consensus estimate provided […]

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