NEW YORK (AP) — Walmart CEO Doug McMillon is planning to retire early next year and his successor has been named. The company made the surprise announcement on Friday about McMillion stepping down on Jan. 31. John Furner, the head of Walmart’s U.S. operations, will take over the next day. Walmart shares fell 3% immediately…… MORE
London Judge Finds Global Mining Company BHP Group Liable in Brazil’s Worst Environmental Disaster
LONDON (AP) — A London judge has ruled that BHP Group is liable for Brazil’s worst environmental disaster. The disaster occurred when a dam collapsed 10 years ago and released toxic waste into a major river. The collapse killed 19 people and devastated villages downstream. High Court Justice Finola O’Farrell said Friday that BHP was…… MORE
USDA Data Casts Doubt on China’s Soybean Purchase Promises Touted by Trump
OMAHA, Neb. (AP) — New data the Agriculture Department released Friday created serious doubts about whether China will really buy millions of bushels of American soybeans like the Trump administration touted last month. The USDA report released after the government reopened showed only two Chinese purchases of American soybeans since the summit between President Donald…… MORE
Government Will Release September Jobs Report Next Week, Ending Data Drought From Federal Shutdown
WASHINGTON (AP) — The Labor Department will release its numbers on September hiring and unemployment next Thursday, a month and a half late, marking the beginning of the end of a data drought caused by the 43-day federal government shutdown. The statistical blackout meant that the Federal Reserve, businesses, policymakers and investors have largely been…… MORE
Trump to Welcome the Saudi Crown Prince With Arrival Ceremony, Deal Signings and Lavish Dinner
WASHINGTON (AP) — The White House is preparing to host Saudi Crown Prince Mohammed bin Salman next week with the pomp typical of a state visit. On Tuesday, the crown prince, who is the de facto leader of Saudi Arabia, will begin his with an arrival ceremony on the South Lawn, followed by a greeting…… MORE