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Walmart executives depart under CEO John Furner

A Walmart store is seen on Feb. 3, 2026 in Austin, Texas. Brandon Bell | Getty Images Two top Walmart executives are departing the company, nearly four months after CEO John Furner took over, CNBC learned on Friday. Tom Ward, the chief operating officer of Walmart’s warehouse Sam’s Club, is retiring, while Cedric Clark, Walmart’s...
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Khosla and Desai come to the Musk-Altman party

Vinod Khosla; Anand Desai TOI correspondent from Washington: If the dotcom era gave investors dreams of effortless millions and the crypto boom offered visions of digital billions, the coming IPOs of SpaceX and OpenAI – likely in June and September respectively – promise something more intoxicating: trillion-dollar fantasies wrapped in Silicon Valley superlatives. One company...
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Outlook for May 25-29, 2026

The unofficial start to summer is here. There’s just one week left to go this month. And, with the stock market closed Monday for the Memorial Day holiday, investors are heading into the holiday weekend in good spirits. In May, the S & P 500 reached fresh all-time highs, above 7,500, after staging a major...
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India’s tryst with oil shocks: How crude prices shaped economy and policy in last five decades

Every major oil shock has left a mark on India, sometimes through inflation, sometimes through foreign exchange pressure, and occasionally through wider economic change. The country’s 1991 balance-of-payments crisis unfolded against a backdrop of rising oil prices. High crude costs later pushed difficult conversations around subsidies, fuel deregulation and energy security. More recently, shifts in...
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