Wal-Mart Raises Wages, and Bitcoin Plunges on S. Korean Ban Talks
Wal-Mart announced it would raise its starting wage to $11 an hour, thanks to the newly passed tax reform. The company will also expand maternity and paternal leave benefits and give some employees a $1,000 one-time bonus.
And South Korean regulators say they may ban trading in Bitcoin, sending the price of cryptocurrencies plunging. Officials raiding exchanges in the country over tax evasion.
Plus we spoke to one of the original designers of the iPhone to get his thoughts on what Apple can do to stave off smartphone addiction. And Hyundai makes an investment in Singapore's Grab to get into the southeast Asian ride-hailing market
Rob Schroeder, Washington Bureau Chief at MarketWatch, breaks down Democrats' midterm sweep, Wall Street's reaction and what's next for Trump's economy.
Custom Truck One Source CEO Ryan McMonagle explains how AI data centers and power grid upgrades are fueling equipment demand as rental revenue jumps 20% higher.
Larry Cuculic, President and CEO of WorldHotels, explains Best Western's global rebrand, its new loyalty program and its strategy to compete with hotel giants.
Emily Ketchen, Lenovo's Chief Marketing Officer, discusses how Gen Z uses AI, what students expect from the technology and the future of AI-powered devices.
Christopher Zara, News Director at Fast Company, breaks down Apple's $114 billion quarter, its foldable iPhone and new CEO John Ternus' first big test.
