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Added on the 09/05/2016 16:58:19 - Copyright : Zoomin EN
Walmart has been one of the few companies to do well in the pandemic. Digital sales have nearly doubled from a year ago, and same-store sales have increased 9%. But according to Business Insider, even Walmart CEO Doug McMillon knows that with such widespread unemployment, its a streak of luck can't last forever. Business Insider reports McMillon said on CNBC's 'Squawk Box' on Thursday that Congress needs to pass a second stimulus package--and do it quickly. Since passing the $2.2 trillion CARES Act in March, Congress has done nothing meaningful towards passing a second stimulus package. There are Americans...that don't really care about politics, aren't really tied up in this election and they just need some help. Doug McMillon, Walmart CEO Interview, CNBC's 'Squawk Box'
Air France CEO Gagey confirms 1000 job cuts in 2016, mostly voluntary resignations, while employees protest in the streets of Paris. Katie Sargent reports.
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