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Obama meets with Wal-Mart’s Duke
New York - President Obama met with Wal-Mart Stores CEO Mike Duke in the Oval Office Monday afternoon. Sources said Obama and Duke were to discuss ways to spur job growth and encourage companies to invest in the United States.
Arriving at the White House, Duke declined to answer questions about the substance of the meeting.
“We’re just going to have a nice visit,” he said, according to Bloomberg.
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Report: Wal-Mart sees big opportunities in emerging markets
New York - Wal-Mart Stores sees more opportunity in emerging markets than in Europe, the company’s International Chief Executive Officer, Doug McMcMillion, told Bloomberg.
“China is top of the list, and Brazil is not far behind” to make deals, McMillon said in an interview on Bloomberg Television’s “InBusiness With Margaret Brennan.” The retailer is being “patient” about finding the right way to expand in Russia, McMillon said.