Wal-Mart Cuts Health Benefits for Most Part-Timers

The video discusses a revised economic growth forecast of 3.8%, down from 4%, and warns of a potential market correction due to frothy financial markets. It highlights Samsung's 60% profit drop last quarter, attributed to competition from Apple and Chinese manufacturers. Additionally, Walmart is cutting healthcare benefits for part-time workers in the US, affecting 30,000 employees, citing rising costs as the reason.

How is Samsung being affected by its competitors?

What change is Walmart making regarding healthcare benefits?