The Presidential Daily Brief


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    Walmart to Fund College Education for Employees

    The big-box retailer has announced it’ll subsidize college degrees in business or supply-chain management for its 1.5 million employees as part of CEO Doug McMillon’s bid to overhaul the company’s image. Walmart and Sam’s Club associates who have worked for the company for more than 90 days will be able to take online or in-person courses from the University of Florida, Brandman University, or Bellevue University — selected for their experience teaching adults — for $1 per day. Walmart estimates 5 percent of its workforce could sign up.

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