Dueling Vice Chairmans at Wal-Mart?
October 3, 2005
Wal-Mart is putting the head of its U.S. operation in charge of its international business and putting the head of its overseas operations in the role of domestic chief. Both have been promoted to vice chairman. The only question now is who will be the choice to eventually replace Lee Scott as CEO of the world’s larget retailer.
Recent News
New England’s Last Coal Plants to Close by 2028
In an agreement reached with the EPA and environmental groups, the last two coal plants in New Hampshire will cease operations in 2025 and 2028, respectively.
Databricks Spent $10 Million To Develop New DBRX Generative AI Model
Databricks invested around $10 million and two months in training to launch its latest generative AI model, DBRX, which it claims outperforms all other open-source models.
Costco’s Hot Dog Remains at $1.50 Despite Prices Spiking Elsewhere
Over the last few years, inflation has caused prices to creep up and impact pretty much everything. However, Costco is still keeping the price of its hot dog-soda deal where it is.
Home Depot Acquires SRS for $18.25B, Boosting Pro Sales
Home Depot recently announced its acquisition of SRS Distribution for a whopping $18.25 billion. This hefty investment marks the company’s boldest stride yet to seize a larger share of the professional market, particularly targeting contractors and roofers.