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KQEH Nightly Business Report June 22, 2024

Walmart is in a slump. It reported a drop in Second Quarter profits and missed wall street earnings estimates and said growth for the full year wont be as strong as thought. On the bright side, more shoppers are shopping at walmart here in the u. S. And spending slightly more but costs are rising faster. Today, investors sent shares of the dow component down to a 52week low thinking walmart, the worst performer on the Dow Jones Industrial average for the day. Courtney reagan has more on the company that many consider to be a barometer of the consumer economy. Reporter while walmarts u. S. Comparable sales improved for the fourth straight quarter and sales traffic increased, it wasnt enough to keep the retailer from significantly lowering its full year earnings guidance. There are headwinds that cut into the quarter, many of which walmart expects to continue, including increased employee hours at now higher wages, lower reimbursements from prescription drugs. Walmart explains that shrin

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KQEH Nightly Business Report April 22, 2015

Bid for mylan. The price tag 40 billion, the largest potential takeover in the drug industry this year. The shares of mylan soared 8 and the shares for teva were higher. This could change the landscape of the industry but there is no guarantee anything about it will be easy. Megan tirrell has more. Another day and another deal in the drug industry. Nevas offer for rival mylan comes on the heels of mylans offer to buy periggo, a move some expected to be defensive. It contributed to deal activity among drug companies. You have to be big or you will get acquired. But mylan is not expected to go easily. Y rejected the idea of a merger with teva saying it will be a cultural clash and could raise antitrust concerned and teva dismissed that today and said they could close the deal by the end of the year. The Israeli Company said they could create a transformative generic drug company with revenue of 30 billion and there could be 2 billion in cost cuts it anticipated. Teva makes the multiple s

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CSPAN2 Key Capitol Hill Hearings April 9, 2015

So, we are in a crisis chip. We dont have the social structure, we dont have lesch tomorrow Care Insurance, dont have the caring labor intact and people are coming into retirement with less money than their parents and grandparents. When you use the word crisis as youre using it i know this the crisis is more to institutions than people because i do think again im an optimist here i think well see the institutional change we need. Lets start with the 401 k plan. If you look at what really happened over the past 30 year the 401 k plan is 35 years old. Started in 1980. You had the boomers grew up in a period of time where we were slowly moving to a system where they were funding all of the risksall of the things were talking about are risks that presents themselves in old age around retirement issues. When youre not working. Let be specific. What do we mean by retirement . Not able to sell your Human Capital in the marketplace anymore. Thats what retirement means. Either because you choo

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The 7th Annual Biohacking Conference To Be Held September 17-19 In Orlando, Florida As The Can t-Miss Event Of 2021

The 7th Annual Biohacking Conference To Be Held September 17-19 In Orlando, Florida As The Can t-Miss Event Of 2021
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