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Target slashes bonuses, Walmart holds the eggs, and cheaper Wegovy: Business news roundup

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Target has announced it will reduce bonuses for salaried employees due to weak consumer spending and inflationary pressures.
The article from MSN Money discusses several key business updates: Target has reduced its bonus payouts for salaried employees by about 20% due to lower-than-expected profits, reflecting broader economic pressures. Meanwhile, Walmart has decided to keep selling eggs despite rising costs, aiming to maintain customer loyalty by absorbing some of the price increases. Additionally, the article touches on the pharmaceutical sector where a cheaper version of the weight-loss drug Wegovy is being introduced, potentially making it more accessible to a broader market. These updates highlight how major corporations are navigating economic challenges, from cost management to strategic pricing and product accessibility.

Read the Full Quartz Article at:
[ https://www.msn.com/en-us/money/economy/target-slashes-bonuses-walmart-holds-the-eggs-and-cheaper-wegovy-business-news-roundup/ar-AA1BTJnF ]