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11/16/2020

Walmart to Sell 85% Stake in Seiyu to Rakuten, KKR

Walmart Inc. is selling a majority stake in Japanese retailer Seiyu to KKR & Co. and Rakuten Inc. in a deal the companies said values the business at 172.5 billion

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09/22/2020

Walmart Scraps One-Way Aisles That U.S. Shoppers Mostly Ignored

Walmart Inc. is removing the one-way aisles it had imposed in its stores at the start of the coronavirus pandemic, a move likely to be welcomed by customers who largely

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09/22/2020

TikTok talks show how Trump's deal-making style can cause collateral damage

President Trump initially said only a full sale of TikTok's U.S. operations would prevent a ban of the application, but he settled on a lesser deal that involved minority stake

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09/14/2020

Oracle poised to become TikTok's U.S. technology partner after Chinese owners reject Microsoft's bid

The deal represents a symbolic loss for Satya Nadella's Microsoft, which has an advertising business that Nadella once worked on. ByteDance, the Chinese owner of social video app TikTok, has

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08/18/2020

Walmart Sales Surge Even as Virus Costs Hit $1.5 Billion

Walmart Inc. posted stronger-than-expected quarterly sales fueled by soaring online orders and its market-leading grocery business, but added costs from the pandemic plus a $380 million charge related to layoffs

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04/07/2020

Waltons Grow Richer Than Ever With Recession-Resilient Walmart

The fortunes of the Walton family — the pioneers of American bargain shopping — have reached new heights during a pandemic that has otherwise obliterated trillions of dollars of value

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Business News:
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Biden's China policy is about to be just as assertive as Trump's, but much more effective

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Covid Hospitalizations Drop in 36 States, But Variant Threatens

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