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Recession prep, ChatGPT, sustainability…and more.

June 1, 2023
Source: ca.finance.yahoo.com ca.finance.yahoo.com
News Snapshot:
On Wednesday, Walmart (WMT) held its annual shareholders meeting where thousands, virtually and in-person, tuned in to hear about the state of the nation's largest company, which produces annual sales of some $611 billion worldwide and employs some 2.1 million workers or, as it calls them, associates. Here are some key highlights: Recession? Walmart execs are preparing. CFO John David Rainey called the practice "part of our normal planning process" in a Q&A during the shareholder's meeting, saying, "We consider a range of possibilities, economic environment." "We want to make sure," he added, "that we are addressing not only the...
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