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Is Walmart making the right call now?

Time and again during the past year, we’ve seen how the pandemic has accelerated shifts in consumer behaviour. So it stands to reason that a retailer would respond to that sped-up pace of change by pulling forward investments to accommodate it. That’s the lens through which to view Walmart Inc’s fiscal-year guidance, which includes $14 billion in capital spending, a ...

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The simple lesson of Texas’s power outage

The details of what went wrong in Texas — most likely the biggest forced blackout in US history — will take time to establish. So will exactly what to do about it. But this emergency already underlines something that should’ve been obvious before. As the growing threat of extreme weather puts vital economic systems at risk, climate resilience needs to ...

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After Trump, can the US repair its politics?

One week after Donald Trump’s acquittal in the Senate, and not before time, attention is turning more squarely to President Joe Biden and his agenda. Unfortunately, it’s already clear that moving past the political turmoil that Trump inflicted on the US will be difficult. Biden hopes to unite the country around efforts to support the economic recovery. He restated his ...

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