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GoPro president McGee sells $127,090 in stock
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Walmart executives depart under CEO John Furner
A Walmart store is seen on Feb. 3, 2026 in Austin, Texas.
Brandon Bell | Getty Images
Two top Walmart executives are departing the company, nearly four months after CEO John Furner took over, CNBC learned on Friday.
Tom Ward, the chief operating officer of Walmart’s warehouse Sam’s Club, is retiring, while Cedric Clark, Walmart’s executive vice president of U.S. store operations, is leaving the business, internal memos viewed by CNBC shows.
A replacement for Clark is expected to be announced in the “coming weeks,” the memo stated. It’s unclear when the company expects to fill Ward’s position.
The leadership shuffle comes after Furner took over as Walmart’s CEO in February. Alongside Furner’s promotion, the company elevated four new top executives to work alongside him earlier this year. Seth Dallaire was promoted to chief growth officer, overseeing the company’s marketplace and advertising businesses, David Guggina was elevated to CEO of Walmart U.S., Chris Nicholas became CEO of Walmart International and Latriece Watkins became CEO of Sam’s Club.
Furner took over the largest U.S. retailer during a period of sustained growth, fueled by gains with higher-income consumers and the expansion of its e-commerce business.
Walmart announced fiscal first-quarter earnings on Thursday, where it issued mixed results and said its business remained strong despite consumer pressures and high gas prices.
The leadership changes were first reported by the Wall Street Journal.
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Millrose Properties: The 11% Yield Is Attractive, But Governance Risk Limits The Upside
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Kylie Minogue Reveals Secret Second Cancer Diagnosis in 2021 Netflix Documentary
LONDON — Kylie Minogue disclosed in her new self-titled Netflix documentary that she received a second cancer diagnosis in early 2021, years after her successful treatment for breast cancer in 2005. The Australian singer, 57, chose to keep the news private at the time.
The documentary, released on Wednesday, May 20, 2026, features Minogue discussing the diagnosis. She stated: “My second cancer diagnosis was in early 2021. I was able to keep that to myself. Not like the first time.”
Minogue added: “Thankfully, I got through it, again, and all is well.” She noted that she decided against going public during the period, particularly amid the success of her 2023 single “Padam Padam,” which won a Grammy Award.
The pop star explained her decision to remain silent. “I don’t feel obliged to tell the world, and actually I just couldn’t at the time because I was just a shell of a person,” she said. “I didn’t want to leave the house again at one point.”
Minogue described the emotional difficulty of withholding the information. “Padam Padam opened so many doors for me but on the inside I knew that cancer wasn’t just a blip in my life,” she continued. “And I really just wanted to say what happened so I can let go of it. I’d sit through interviews and every opportunity I thought, ‘now’s the time’, but I kept it to myself.”
The documentary, directed by Michael Harte — who also directed the David Beckham documentary — spans three parts and explores Minogue’s career and personal life. She mentioned leaving subtle hints about her health battle on her 2023 album “Tension.” The track “Story” includes the lyrics: “I had a secret that I kept to myself / Turn another page, baby take the stage.”
Minogue was first diagnosed with breast cancer in May 2005 at age 36 while promoting her album “Fever.” She underwent surgery and chemotherapy, publicly announcing the diagnosis later that year. The treatment was successful, and she returned to performing in 2006.
Her second diagnosis came during the COVID-19 pandemic period. Minogue has not disclosed the specific type of cancer or details of the treatment she received in 2021. She emphasized in the documentary that she is now healthy.
The singer reflected on her passion for music as a source of strength. “Hey, who knows what’s around the corner, but pop music nurtures me… my passion for music is greater than ever,” she said.
Minogue rose to fame in the 1980s as a star on the Australian soap opera “Neighbours.” She launched her music career in 1987 with the hit “The Loco-Motion” and became a global pop icon with songs including “Can’t Get You Out of My Head,” “Spinning Around” and “Padam Padam.”
The Netflix documentary marks a significant personal revelation for the performer, who has sold more than 80 million records worldwide. It arrives as she continues active touring and recording.
Minogue has not scheduled additional public appearances immediately following the documentary release. She requested privacy regarding further details of her health journey.
The revelation has drawn widespread attention across entertainment media. Fans and fellow artists have expressed support on social media platforms following the documentary’s debut.
Minogue’s first cancer battle in 2005 raised significant awareness for breast cancer screening. She became an advocate for early detection and women’s health issues after her recovery.
Her career continued strongly after both health challenges. The 2023 album “Tension” and single “Padam Padam” marked a major commercial resurgence, introducing her music to a new generation of listeners.
The documentary provides context on how Minogue balanced her public persona with private struggles. Director Michael Harte captured intimate moments from her life and career spanning more than four decades.
No additional medical updates were provided beyond the statements in the film. Minogue stressed that she is currently well and focused on her music and future projects.
The release timing coincides with Minogue’s ongoing creative output. She has teased further music and performances in 2026 following the success of her recent work.
Industry observers note that Minogue’s decision to share her story now reflects a desire for closure while protecting her privacy during treatment. The documentary serves as both a career retrospective and a personal milestone.
Minogue’s management has not issued further statements beyond the content in the Netflix film. The project is available for streaming globally on the platform.
Her journey through two cancer diagnoses highlights the singer’s resilience. She has maintained an active schedule of recording, touring and public appearances in recent years.
The documentary has sparked renewed interest in Minogue’s catalog. Streaming numbers for her music, particularly tracks from “Tension,” increased following the film’s release.
Minogue continues to serve as an inspiration for many facing health challenges. Her public platform has amplified messages about perseverance and the importance of medical care.
As of May 22, 2026, no additional interviews or details about her 2021 diagnosis have been scheduled. The Netflix documentary remains the primary source of her comments on the matter.
Business
Deckers Outdoor Is Stepping In The Right Direction (Upgrade)
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Airbus Shares Fall After Report of A350 Aircraft Delays
shares slipped Thursday following a report that the aerospace group told airlines to expect delays to deliveries of its A350 aircraft later this decade.
The stock fell 2.9% to 168.28 euros in early European trade, even as peers like Safran SAF 1.89%increase; green up pointing triangle and BAE Systems BA 2.07%increase; green up pointing triangle gained.
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Business
US stocks today: Dow hits record high as Middle East hopes lift sentiment and Warsh takes Fed charge
The S&P 500 notched its eighth consecutive weekly gain, its longest since a nine-week streak ended in December 2023.
Semiconductor stocks, which have driven recent Wall Street gains, were mostly higher. The Philadelphia Semiconductor Index rose, lifted by gains in Qualcomm, while Nvidia slipped.
The U.S. has made some progress toward a deal with Iran, though more work remains, Secretary of State Marco Rubio said on Friday. Iran’s foreign ministry spokesman said differences between the two sides remained deep.
“Earnings season looked really good and the economic data, save a few outliers, looked pretty solid so fundamentally the picture looks really solid,” said James St. Aubin, chief investment officer at Ocean Park Asset Management in Santa Monica, California.
“The war has been one major speed bump along the road for at least the equity market but I think the headlines today looked encouraging and that was probably helping at the margin.”
According to preliminary data, the S&P 500 gained 27.84 points, or 0.36%, to end at 7,473.56 points, while the Nasdaq Composite gained 50.87 points, or 0.20%, to 26,346.27. The Dow Jones Industrial Average rose 294.90 points, or 0.59%, to 50,580.56.Shares of U.S. computer makers surged following strong results from China’s Lenovo Group, which reported a better-than-expected 27% jump in quarterly revenue. Dell Technologies hit a record high while HP Inc gained.
Long-dated government bond yields were lower, having pulled back from recent highs. The yield on benchmark U.S. 10-year notes fell 2.6 basis points to 4.558%.
“The bond market seems to be cooling off and yields are coming down from where they were starting to peak earlier this week and I think that’s very encouraging too,” St. Aubin said.
Kevin Warsh was sworn in as chair of the Federal Reserve on Friday, taking the helm at a pivotal moment for the U.S. economy as higher gasoline prices tied to the Iran conflict fuel inflation and weigh on consumer sentiment.
Estee Lauder rose after the cosmetics maker and Spanish perfumery Puig ended talks for a potential merger.
Workday gained after the human resources software provider exceeded expectations for first-quarter revenue and profit.
Business
Memorial Day grilling prices surge as beef, hot dogs and veggies cost more
Chicago Federal Reserve Bank president Austan Goolsbee discusses Kevin Warshs new agenda on The Claman Countdown.
Americans who are planning to grill this Memorial Day weekend are likely to see prices notably higher for a number of barbecue staples as persistent inflation squeezes household budgets.
The Bureau of Labor Statistics’ most recent consumer price index (CPI) inflation data from April showed that prices have risen significantly compared with a year ago for several popular dishes at cookouts – with burgers and steaks experiencing a notable jump.
Ground beef prices have risen 14.5% over the last year, while the cost of a steak is 16.1% higher in that period.
U.S. cattle inventories have sunk to the lowest level in over 70 years as ranchers deal with the impacts of droughts, which caused them to liquidate cows and shrink their herds, as well as rising overhead costs.
INFLATION CONTINUED TO RISE IN APRIL AS IRAN WAR IMPACTED ENERGY PRICES

Several popular barbecue items have seen prices rise significantly in the last year amid persistent inflation. (iStock)
The BLS’ index for frankfurters is up 10.7% year over year, so switching to hot dogs could bring modest price relief to consumers relative to beef prices.
Chicken is one type of meat that has seen prices decline in the last year, with a decrease of 0.7% from a year ago as of April. Fresh whole chicken prices were down 1.8%, while fresh and frozen chicken parts decreased 0.1% in that period.
The cost of fresh vegetables is up 11.5% over the last year, with the price of tomatoes surging 39.7% and lettuce prices up 7.9% in that time. By contrast, the price of potatoes has fallen 3% over the past year.
DOJ CONFIRMS ANTITRUST PROBE OF MAJOR MEATPACKERS OVER BEEF PRICE INFLATION
Fresh fruits have seen more modest price increases, with the BLS index showing a 2.1% increase year over year through April. Citrus fruits rose the most at 6.5%, followed by bananas at 4% and apples at 3.1%.
Several popular desserts are also more expensive this Memorial Day weekend. BLS data showed that the prices of cakes, cupcakes and cookies are up 5.1% compared with last April.
Ice cream prices have also risen and are up a more modest 2.7% in the last year.
NEW ICE CREAM TRENDS CHURN UP INTEREST, BUT ONE CLASSIC STILL RULES THE $7.5B INDUSTRY

Beer prices are up 2.2% over the last year, which is a faster pace than other alcoholic drinks. (Kevin Carter/Getty Images)
Beverage prices have also risen at a modest pace compared with a year ago, as carbonated drinks are up 3.7% while nonfrozen, noncarbonated juices and drinks are up by a more modest 2.3% year over year.
Prices for alcoholic beverages consumed at home have been relatively flat overall in the last year with the index up just 0.4%, so consumers who wish to consume them this Memorial Day weekend will see less of a price impact.
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Beer prices have risen the most in the category, climbing 2.2% year over year, while distilled spirits are up 0.1% and wine declined by 0.8% in that period.
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