Bloomberg Walmart Inc’s new policy discouraging patrons from openly carrying guns will rely heavily on signage and won’t require employees to confront every person carrying a firearm, according to a person familiar with the matter. The nuanced approach is designed to let people who are armed go about their business in a Walmart store, as long as they’re not making ...

Bloomberg Lululemon Athletica Inc shares rose as much as 6.7 percent to a record high after again issuing a beat and raise quarterly report. “Lulu continued to show that it is in a league of its own,” Telsey Advisory’s Dana Telsey wrote. The retailer surprised the Street with a 500-basis point total comparable sales beat, even better than the 460-basis ...

Bloomberg Julio Gomez has flown the MD-80 for his entire 20-year career at American Airlines. But he can’t bring himself to make that final trip into the New Mexico desert. “I just cannot take that airplane to its grave,” Gomez, 52, said of the iconic jets’ retirement flights. “It’s just too heartbreaking.” The retirements mark the end of an era ...

Bloomberg Facebook Inc and Google are facing intensifying scrutiny by state law enforcement officers with authority to impose vast fines and even break up companies that are found to have violated antitrust and privacy rules. New York is leading a coalition of states in a wide-ranging investigation of Facebook and the Texas attorney general said that he’ll announce a separate ...

Bloomberg Renault SA and Nissan Motor Co need to define a common strategy first before discussing a potential tie-up with Fiat Chrysler Automobiles NV, French Finance Minister Bruno Le Maire said. The coolness towards the possibility of extending the alliance to the Italian-American carmaker comes against the background of a revival of France’s relationship with Italy after the installation of ...

Bloomberg Volkswagen AG said it is shuffling the leadership at its Moia unit to map out next steps in the development of its ride-sharing operations. Ole Harms, who has led Moia since its founding in 2016, will take on “a new, responsible task” within the world’s biggest automaker, the German manufacturer said in a statement. His successor will be the ...

Bloomberg Billionaire founder of Public Storage, B Wayne Hughes Sr, donated almost $400 million to the University of Southern California (USC), most of which was given anonymously, according to the Los Angeles Times. The son of a sharecropper, Hughes fled from dust storms in Oklahoma to Los Angeles, where he graduated from USC in 1957. The newspaper identified him as ...

Bloomberg Subsidies paid to UK farmers could be replaced after Brexit by cash from selling carbon credits, inducing more landowners to plant trees and protect marshlands that sequester greenhouse gases. Carbon farming has gained traction alongside markets that put a price on pollution. It’s an agricultural technique that stores carbon dioxide emissions by regenerating soil and vegetation. Farmers can potentially ...

“To the barricades.” That’s one way of characterising Bill Dudley’s recent proposal that the Federal Reserve fight back against President Trump’s unrelenting attacks. Although it’s a phenomenally bad idea, it has the curious and paradoxical effect of revealing the primary defects of Trump’s economic policies. First, some background. Dudley — a former chief US economist for Goldman Sachs — was ...

Giuseppe Conte looks set to form a new government in Italy, after activists from the Five Star Movement backed an alliance with the Democratic Party. The speedy resolution of Italy’s political crisis offers a striking contrast with the enduring chaos in Britain. But the basis of the new coalition, including the program and the likely ministerial team, appear extremely shaky ...