Category Archives: 24/7 Newsroom News

Wal-Mart CEO Doug Mcmillon Announces His Surprise Retirement at Age 59

Wal-Mart CEO Doug Mcmillon Announces His Surprise Retirement at Age 59

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

USDA Data Casts Doubt on China’s Soybean Purchase Promises Touted by Trump

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