Walmart

Walmart has agreed to pay $50 million to settle US government allegations that its pharmacies illegally filled thousands of prescriptions for opioids and other controlled substances.

The retail giant reported a successful second quarter with a 24% jump in US online sales and total revenue of $187.9 billion. The company's CEO noted that customers choose Walmart for its combination of price, speed, and convenience.

Walmart stock is plummeting in pre-market trading in New York following the release of its financial reports. The company beat forecasts in both revenue and, most importantly, net profit, where the positive surprise stood at nearly 10%. However, what disappointed investors was the growth in traditional sales compared to expectations, which is sending the stock down by up to 6% in pre-market...

Alice Walton, heiress to the Walmart empire, has largely avoided the corporate world, dedicating her life to art and philanthropy. From establishing the Crystal Bridges Museum to funding a medical school, she seeks to make essential services accessible to all. Her journey, however, has been marked by personal tragedies and complex challenges.