Business

GM lays off more than 1,000 salaried software and services employees

  A General Motors sign is seen during an event on January 25, 2022 in Lansing, Michigan. - General Motors will create 4,000 new jobs and retaining 1,000, and significantly increasing battery cell and electric truck manufacturing capacity. Jeff Kowalsky | AFP | Getty Images DETROIT — General Motors is...

Business

Walmart beats estimates, raises outlook as it sees stable consumer health

  Walmart raised its forecast for the year on Thursday, as quarterly revenue grew nearly 5%, the company's stores and website drew more visits, and sales outside the grocery department improved. The discounter beat Wall Street's expectations for sales and profits, and its shares climbed 6% in morning trading. Walmart...