Walmart is getting into aspirational retail — and it says a lot about the American economy. In recent months, Walmart has purchased several trendy, online retailers, including the hip fashion brand ModCloth, outdoor gear retailer Moosejaw, and shoe store ShoeBuy. ModCloth's dresses can cost between $60 and $150, whereas Walmart's dresses are usually priced between $10 and $25.
Peter Roper became an executive at Google in part by consistently using two visual tricks to map out his career. The first was to create a list of companies where he'd love to work in the future. Roper, who spoke with CNBC at the Millennial 20/20 conference, held several jobs in advertising, sales and technology — including director of ad revenue strategy for music start-up Songza, which Google later acquired.
After a wave of buyouts, Boeing has turned to job cuts at its Puget Sound airplane factories and corporate offices to cut expenses as the slowdown in wide-body jet sales continues. Boeing (BA) served layoff notices to 245 workers as recently as Thursday and filed a notice with the Washington state Employment Security Department. The law requires companies with 100 or more employees to give laid off workers 60 days notice prior to their layoffs.