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The Latest Breaking News from John Rainey

Walmart and Target earnings pull back the curtain on an America struggling with high inflation

“Many consumer pocketbooks are still stretched,” Walmart CFO John Rainey told analysts. “We see the effect of that in our business mix.”

Fortune

Former Walmart CEO sounds the alarm on a growing problem

The former leader of the retail superstore has concerns about one growing cohort.

The Street

Walmart’s newest brand is a big hit with wealthy shoppers

The Arkansas-based retailer is tapping into a new market that everybody appreciates.

The Street

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read the most diverse news in one place.

Walmart CEO shares bad news for McDonald's

The retail giant hasn't shied away from a growing problem.

The Street

Walmart makes delivery change that will save you money

The largest retailer in the U.S. is making a crucial service more efficient and affordable.

The Street

The key to protecting your mental health at work comes down to one thing, according to the U.S. Surgeon General

At Fortune’s Brainstorm Health, the Nation’s Doctor said having a sense of connection to each other at work is critical.

Fortune

Walmart Stock In Buy Zone As Dow Giant Automates Operations To Boost Long-Term Profits

Walmart rose back above a buy point as the Dow retail giant says it'll ramp up automation to cut costs and boost profitability.

Investors Business Daily

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Who will be PayPal’s next CEO? Here are the 7 leading contenders according to fintech experts

PayPal's retiring CEO is sticking around till December, but there's already chatter about who might be qualified to step into the role.

Fortune

Walmart results top estimates as inflation alters consumer behavior

New York (AFP) - Walmart scored a big jump in revenues partly driven by inflation but the retail giant faces increasing evidence of shifting consumer behavior due to rising prices, according to quarterly results released Tuesday.

AFP

Walmart Has An Amazon Prime Day Rival That Nobody Seems to Know About

Walmart+ Weekend was a mixed bag. Data suggests better awareness may have helped it be more of a success.

The Street

Walmart Tries to Take On Amazon’s Huge Sales Event

Prime Day 2022 has a new challenger coming this June.

The Street

Walmart Makes a Big Move to Take on Amazon, Digital Rivals

The giant chain wants to dominate more than just the brick-and-mortar world.

The Street

BofA On PayPal CFO Departure, Company's New Strategy

Although there were execution issues at PayPal Holdings Inc (NASDAQ: PYPL), the departure of John Rainey as CFO was unexpected and shares declined by 2% in after-hours trading on Tuesday, according to BofA Securities.

Benzinga

Jim Cramer Highlights The Missing Piece In PayPal CFO's Departure

PayPal Holdings Inc (NASDAQ: PYPL) shares were trading lower Wednesday after the company announced the departure of CFO John Rainey.

Benzinga

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Investors Business Daily

PayPal Stock Falls As CFO Leaves To Join Walmart Amid Missed Targets

PayPal stock fell on the departure of Chief Financial Officer John Rainey, who is joining Walmart. PYPL stock had plunged 42% in 2022.

Benzinga

Here's Why PayPal Shares Are Falling

PayPal Holdings Inc (NASDAQ: PYPL) shares are trading lower by 3.91% at $104.02 during Wednesday's pre-market session after the company announced the departure of CFO John Rainey.

Benzinga

Walmart Appoints PayPal CFO John Rainey As Finance Head

Walmart Inc (NYSE:WMT) has appointed John Rainey as its Executive Vice President and Chief Financial Officer (CFO), effective June 6, 2022. Rainey joins the company from PayPal Holdings Inc (NASDAQ:PYPL), where he currently serves as the CFO and EVP, Global Customer Operations. After almost seven years at PayPal, Rainey is leaving the company to join Walmart. He…

The Street

Stocks Higher, JPMorgan, Elon Musk, Cathie Wood And PayPal - Five Things You Must Know

Stock futures higher as markets look to earnings boost; JPMorgan earnings on tap as Dimon details Russia hit; Twitter shareholder sues Elon Musk over stake building disclosure; Cathie wood says Twitter revenue model 'maybe isn't right', trims holdings and PayPal shares slide as CF Rainey departs for Walmart.

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