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Manage episode 519477919 series 3673340
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Some big news out of Wall Street this morning: Longtime Walmart CEO Doug McMillon is stepping down. The 59-year-old has led the company since 2014, overseeing its transformation from a budget big-box chain into a true e-commerce powerhouse and helping drive Walmart’s stock up roughly 300% along the way. It’s a major shake-up at the nation’s largest private employer. Host Yasmin Vossoughian brings in NBC News senior business correspondent Christine Romans to break down why McMillon is leaving now, what it means for the retail giant and how the markets are reacting. And six months into his historic papacy, Pope Leo XIV is turning to Hollywood, inviting Spike Lee, Cate Blanchett, Judd Apatow and others to the Vatican this weekend. The church says he wants to “deepen dialogue with the World of Cinema” and tap into the power of storytelling to advance human values. NBC News correspondent Anne Thompson joins the pod to explain.


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