Bloomberg Walmart Inc is stepping up efforts to entice college graduates by unveiling a fast track to jobs as store managers — positions that typically pay more than $200,000 a year and have traditionally taken years to get. A new “College2Career program” will provide classroom training, hands-on experience and mentoring for recent and soon-to-be graduates, Walmart said. Top performers will ...

Bloomberg Instacart Inc, a 10-year-old grocery delivery startup that was once one of the most highly valued of its gig-economy generation, is preparing to go public, potentially plunging itself into the volatile stock market as it sets to prove itself in a post-pandemic world. The company has confidentially filed documents with the Securities and Exchange Commission (SEC) to start the ...

  Bloomberg Singapore Airlines Ltd extended its sponsorship of the Formula One’s Singapore Grand Prix for three more years, the national carrier said. The extension will start with this year’s race to be held from September 30 to October 2, the company said in a statement. The city-state said in January it will host the event after a two-year hiatus ...

  Bloomberg Shein, the Chinese fast fashion giant that’s quickly become the third-most valuable startup in the world, is seeing a reality check with sales growth slowing from the lofty heights of the pandemic, just as it faces mounting pressure to live up to a $100 billion valuation. The online-only retailer of inexpensive clothes, beauty and lifestyle products has become ...

Bloomberg Nato members rallied around Finland and Sweden after they announced plans to join the alliance, marking another dramatic change in Europe’s security architecture triggered by Russia’s war in Ukraine. Parliaments in the Nordic nations debated the membership, with a large majority of lawmakers in each country now backing the bid. Over the weekend, most Nato foreign ministers who had ...

Bloomberg Ukrainian Foreign Minister Dmytro Kuleba ruled out potential concessions to Russia that could lead to a cease-fire in the war with Russia and said the European Union faces “moral failure” if it doesn’t approve the nation’s candidacy for membership by June. Kuleba declined to comment on whether French President Emmanuel Macron urged his Ukrainian counterpart, Volodymyr Zelenskiy, to accept ...

Bloomberg Olaf Scholz’s Social Democratic Party lost a regional election for the second straight week, suffering a fresh blow amid wavering support for the German chancellor’s Ukraine policy. The Christian Democrats, the main opposition party at the national level, were projected to take 35.7% of the vote in North Rhine-Westphalia, maintaining their hold over Germany’s most-populous state. In its former ...

  Bloomberg US Treasury Secretary Janet Yellen said Russia’s invasion of Ukraine has created a global crisis by exacerbating food security issues for the whole world. “The war is having an impact beyond Ukraine and it’s something that we’re very concerned about,” she said in Warsaw. “I’m afraid we really have a global crisis on our hands.” Wheat jumped by ...

  Bloomberg Goldman Sachs Senior Chairman Lloyd Blankfein urged companies and consumers to gird for a US recession, saying it’s a “very, very high risk.” “If I were running a big company, I would be very prepared for it,” Blankfein said on CBS’s “Face the Nation.” “If I was a consumer, I’d be prepared for it.” A recession is “not ...

Bloomberg The Dutch government is working on a plan to introduce a maximum salary threshold for expatriates who want to take advantage of a tax break, according to two people familiar with the matter. The government is planning to allow only individuals earning less than 216,000 euros ($224,000) a year to apply for a benefit that exempts 30% of an ...