Walmart expands drone-delivery service to reach 4 million households
Walmart drones Walmart announced Tuesday, May 24, 2022, that it is expanding its drone-delivery service across six states before the close of 2022. >> Read more trending newsWalmart announced Tuesday it is expanding its drone-delivery service across six states before the close of 2022. “Today we’re announcing we’ll be expanding our DroneUp delivery network to 34 sites by the end the year, providing the potential to reach 4 million U.S. households across six states – Arizona, Arkansas, Florida, Texas, Utah and Virginia. The Bentonville, Arkansas-based retail behemoth currently offers drone deliveries from a few stores near its headquarters and in North Carolina, CNBC reported. According to Guggina’s blog post, customers who live within the range of a Walmart drone-delivery site can order any of thousands of items — up to 10 pounds in total weight — between 8 a.m. and 8 p.m., with a drone delivery fee of $3.99.
wftv.comTwo arrested in connection with attempted carjacking at DeLand Walmart
Two arrested in connection with attempted carjacking and shooting in Deland 22-year-old John Torres (left) and 21-year-old Isaiah Thomas(right) were arrested by Deland Police in connection to the attempted carjacking at the Walmart Saturday. (Volusia County Jail)DELAND, Fla. — Police said they have arrested two men in connection with a weekend attempted carjacking at a DeLand Walmart. Investigators arrested 22-year-old John Torres and 21-year-old Isaiah Thomas early on Sunday morning. Both men were charged with attempted carjacking and attempted burglary with assault and booked into the Volusia County jail without bond. VIDEO: Deland Police search for suspects in attempted carjacking and shooting VIDEO: Deland Police search for suspects in attempted carjacking and shooting (Mike Springer, WFTV.com/WFTV)Click here to download the free WFTV news and weather apps, click here to download the WFTV Now app for your smart TV and click here to stream Channel 9 Eyewitness News live.
wftv.comWalmart pulls Juneteenth ice cream, apologizes after backlash on social media
Walmart pulls ice cream AMERICAN CANYON, CALIFORNIA - Walmart has apologized for its Juneteenth celebration edition ice cream, saying the decision ] to stock the ice cream “caused concern for some of our customers.” (Photo by Justin Sullivan/Getty Images/Getty Images)Walmart has apologized for its Juneteenth-edition ice cream, saying its decision to stock the treat “caused concern for some of our customers.”>> Read more trending newsThe company announced it would pull the ice cream from the shelves as outrage on several social media outlets began to grow. On Saturday, Electris Jones of Durham, North Carolina, posted photos of the ice cream on her Facebook page saying, “Dear Walmart, Ummm... k. Thanks I guess. !”Included in the post was a picture of the ice cream carton that had the words “Share and celebrate African-American culture, emancipation and enduring hope.”According to Jones, the carton contains “Pan American colors.” The ice cream is a swirled red velvet and cheesecake flavor. Walmart apologized and issued a statement to Fox saying, “Juneteenth holiday marks a celebration of freedom and independence. Would you like some Juneteenth Ice cream on a Juneteenth plate as you sip your beer in a Juneteenth Koozie?
wftv.com2 customers at Walmart in Georgia cited after bringing ‘pet’ fawn into store
Deer - 7 Fast Facts Deer - 7 Fast FactsCOLUMBIA COUNTY, Ga. — Officials at a Walmart in eastern Georgia were not fawning over this emotional support animal. >> Read more trending newsTwo people were cited after bringing a “pet” fawn into the store, located near Augusta, WSB-TV reported. They were cited for being in possession of wildlife without a permit, according to the television station. “Just when you think you’ve seen it all,” the Law Enforcement Division of the Georgia Department of Natural Resources wrote in a Facebook post earlier this month. The animal was surrendered to a locally licensed wildlife rehabilitator, the Department of Natural Resources wrote on Facebook.
wftv.comUS stocks got close to a bear market. Here’s what that means
Here are some common questions asked about bear markets:___WHY IS IT CALLED A BEAR MARKET? The Nasdaq is already in a bear market, down 29.3% from its peak of 16,057.44 on Nov. 19. The most recent bear market for the S&P 500 ran from February 19, 2020 through March 23, 2020. That includes two separate days in the middle of the 2007-2009 bear market where the S&P 500 surged roughly 11%, as well as leaps of better than 9% during and shortly after the roughly monthlong 2020 bear market. The biggest decline since 1945 occurred in the 2007-2009 bear market when the S&P 500 fell 57%.
wftv.comA bear market is hitting Wall Street. Here’s what that means
The stock market's skid this year has pulled the S&P 500 within the grasp of what's known as a bear market. Here are some common questions asked about bear markets:___WHY IS IT CALLED A BEAR MARKET? The Nasdaq is already in a bear market, down 31% from its peak of 16,057.44 on Nov. 19. The most recent bear market for the S&P 500 ran from February 19, 2020 through March 23, 2020. Many of the best days for Wall Street have occurred either during a bear market or just after the end of one.
wftv.comA bear market may be on the horizon. Here’s what that means
The stock market’s skid this year has pulled the S&P 500 close to what’s known as a bear market. Here are some common questions asked about bear markets:___WHY IS IT CALLED A BEAR MARKET? The Nasdaq is already in a bear market, down 29% from its peak of 16,057.44 on Nov. 19. The most recent bear market for the S&P 500 ran from February 19, 2020 through March 23, 2020. That includes two separate days in the middle of the 2007-2009 bear market where the S&P 500 surged roughly 11%, as well as leaps of better than 9% during and shortly after the roughly monthlong 2020 bear market.
wftv.comEXPLAINER: Why is Wall Street close to a bear market?
The stock market’s skid this year has pulled the S&P 500 close to what’s known as a bear market. Here are some common questions asked about bear markets:WHY IS IT CALLED A BEAR MARKET? The Nasdaq is already in a bear market, down 29% from its peak of 16,057.44 on Nov. 19. The most recent bear market for the S&P 500 ran from February 19, 2020 through March 23, 2020. Many of the best days for Wall Street have occurred either during a bear market or just after the end of one.
wftv.comUS markets point lower, Target tumbles before opening bell
Financial Markets Wall Street In this photo provided by the New York Stock Exchange, trader Colby Nelson works on the floor, Tuesday, May 17, 2022. On Wall Street, futures for the S&P 500 index was down 0.8% and the same for the Dow Jones Industrial Average was off 0.6%. Markets rebounded Tuesday after the Commerce Department report that showed retail sales rose 0.9% in April. Bangkok declined while New Zealand and other Southeast Asian markets rose. In energy markets, benchmark U.S. crude rose $2.19 to $114.59 per barrel in electronic trading on the New York Mercantile Exchange.
wftv.comArgo touts driverless operations in Miami and Austin, Texas
Argo AI-Autonomous Vehicles FILE - An experimental autonomous vehicle arrives for a drop-off, Dec. 8, 2020, in Miami Beach, Fla. The autonomous vehicle technology company that partners with Ford and Volkswagen says it has started driverless operations in two of eight cities where it is developing its technology. Pittsburgh-based Argo AI has pulled drivers from its autonomous cars in Miami and Austin, though it is still in the testing phase. Pittsburgh-based Argo AI has pulled drivers from its autonomous cars in Miami and Austin, Texas, though it is still in the testing phase. Argo says it is the first company to go driverless in two American cities, but Argo isn't the first company to go driverless.
wftv.comRetail sales pop 0.9 percent in April, a sign consumers still eager to spend
Placeholder while article actions loadRetail sales jumped 0.9 percent in April, a sign that consumers are still spending despite rising prices, according Commerce Department data released Tuesday. The broad-based increase drew on a burst of activity at car dealerships, where sales jumped 2.2 percent. Analysts said the steady sales increases of recent months show how consumers are weathering inflationary head winds. Walmart saw its revenue increase by 2.4 percent to $141.6 billion for the quarter, but the company’s favored measure of profit fell nearly 0.9 percent. “It just took some time in March and April to get wage costs in line with sales,” McMillon told investors.
washingtonpost.comStocks rise on Wall Street; report shows strong retail sales
Financial Markets Wall Street FILE - A U.S. flag waves outside the New York Stock Exchange, Monday, Jan. 24, 2022, in New York. Stocks are opening higher on Wall Street Tuesday, May 17, led by a rebound in the highly volatile technology sector. (AP Photo/John Minchillo, File) (John Minchillo)NEW YORK — (AP) — Stocks rose in morning trading on Wall Street Tuesday as investors review an encouraging report on retail sales and a mixed batch of earnings updates from several big retailers. The Commerce Department said U.S. retail sales rose 0.9% in April. The upbeat report helps allay some concerns on Wall Street about persistently high inflation crimping consumer spending.
wftv.comWall Street opens higher, led by rebounding tech stocks
Shares advanced in Asia on Tuesday after another wobbly day on Wall Street extended a losing streak for markets. (AP Photo/Kin Cheung) (Kin Cheung)NEW YORK — (AP) — Stocks are opening higher on Wall Street Tuesday, led by a rebound in the highly volatile technology sector. Markets are trying to gauge how companies and consumers are dealing with higher prices and whether central banks can help ease the problem. On Wall Street, the major indexes have been slipping since early April. Walmart tends to be more cautious about raising its prices as its budget-conscious clientele gets dinged by higher prices, especially on food and gas.
wftv.comWalmart profit dragged as inflation takes a bite
Results-Walmart FILE - A Walmart employee helps a customer outside the Walmart store in Philadelphia, Wednesday, Nov. 17, 2021. Walmart reported earnings of $2.05 billion, or 74 cents per share. inflation levels, particularly in food and fuel, created more pressure on margin mix and operating costs than we expected." The government reported last week that inflation eased slightly in April after months of relentless increases. Walmart is particularly sensitive to rising food prices because it's the largest seller in the U.S.
wftv.comWalmart profit hit as inflation afflicts low-wage earners
Results-Walmart FILE - A Walmart employee helps a customer outside the Walmart store in Philadelphia, Wednesday, Nov. 17, 2021. Walmart reported earnings of $2.05 billion, or 74 cents per share. inflation levels, particularly in food and fuel, created more pressure on margin mix and operating costs than we expected." The government reported last week that inflation eased slightly in April after months of relentless increases. Walmart is particularly sensitive to rising food prices because it's the largest seller in the U.S.
wftv.comWalmart's 1Q profit disappoints on higher costs but sales up
Walmart on Tuesday reported earnings of $2.05 billion, or 74 cents per share. It also fell below last year's earnings of $2.73 billion, or 97 cents per share Sales rose 2.4% to $141.57. Sales at stores opened at least a year at Walmart's U.S. division rose 3%, below the fourth quarter pace of 5.6%. Online sales rose 1% in the fiscal first quarter as growth has slowed from the pandemic-infused sprees of early 2021. And during periods of high inflation, Walmart typically benefits as Americans trade down to lower-priced stores.
wftv.comWATCH: Suspected drug dealer runs into Walmart in attempt to escape Volusia deputies
Video: Suspected drug dealer runs into Walmart in attempt to escape Volusia deputies Police said he nearly hit people on bicycles while he offered to sell them drugs. (WFTV)VOLUSIA COUNTY, Fla. — A suspected drug dealer in Volusia County led deputies on a pursuit from New Smyrna Beach to DeLand and finally ended at a Walmart in Ormond Beach. Video: Suspected drug dealer runs into Walmart in attempt to escape Volusia deputies Police said he nearly hit people on bicycles while he offered to sell them drugs. Photos: Suspected drug dealer runs into Walmart in attempt to escape Volusia deputiesExpand Autoplay Image 1 of 7 Suspected drug dealer runs into Walmart in attempt to escape Volusia deputiesDeputies said that as Jones was running, he dropped several items, including a bag of drugs and a cellphone that was still actively scanning law enforcement radio traffic. SEE: Volusia County deputies find 10 stolen vehicles at chop shopDeputies said Jones is being held at the Volusia County Branch Jail with a total bond of $43,500.
wftv.com‘It’s a gun battle:’ Markeith Loyd claims self-defense in fatal shooting of Orlando police Lt. Debra Clayton
Markeith Loyd, the man accused of shooting and killing Orlando police Lt. Debra Clayton in 2017, testified Saturday morning, explaining the events leading up to the shooting of Orlando police Lt. Debra Clayton.
Consumer confidence up slightly in July
U.S. consumer confidence was relatively unchanged from June to July, but remains at its highest level since February 2020, just before the coronavirus pandemic hit the U.S. The Conference Board reported Tuesday that its consumer confidence index inched up in July to 129.1, up from last month’s reading of 128.9.