Walmart Explores Buying Majority Stake in ChenMed
Walmart Inc. is exploring buying a majority stake in ChenMed, a closely held operator of primary care clinics for seniors, according to people familiar with the matter.
Walmart Inc. is exploring buying a majority stake in ChenMed, a closely held operator of primary care clinics for seniors, according to people familiar with the matter.
The US automobile industry faces some of the highest supply-chain risks, due to geopolitical factors and sourcing of electronic components like semiconductors, according to a new sourcing risk index from economists at the Federal Reserve.
Taiwan’s top envoy to the US said Taiwanese semiconductor firms are holding back from more investments in America because of “unreasonable and unfair” double taxation, and urged Congress to pass a deal to address the problem as soon as possible.
FTX Group advisers have scrutinized whether they can claw back millions of dollars paid to Shaquille O’Neal, tennis star Naomi Osaka and other professional athletes and teams that promoted Sam Bankman-Fried’s crypto platform before its collapse.
A historic cattle ranch in California’s Solano County has been a target of a secretive billionaire-backed group that’s been buying up large swaths of land to create a new city northeast of San Francisco.
A seemingly unstoppable rally drove the dollar to a record streak of weekly gains, with traders betting the Federal Reserve will keep interest rates higher for longer as the US defies a global economic gloom.
People on Wall Street have taken potshots at tech stocks all year. Surging valuations and elevated interest rates doom them. Earnings forecasts are a fantasy. Regulators are set to break up their sprawling monopolies.
Uber Technologies Inc. is working on a TaskRabbit-like service that will let app users hire people to conduct various tasks in an expansion beyond driving and deliveries.
The Air Force’s top general warned the service’s ranks to be on guard against offers to work for companies training Chinese military pilots, the most explicit public acknowledgment yet of a practice the US has sought to clamp down on.
Thoma Bravo is in discussions with private credit lenders about arranging roughly $1 billion of debt financing for its planned acquisition of NextGen Healthcare Inc., according to people with knowledge of the matter.