Walmart plans to remodel 12 Indiana stores and over 650 Supercenters and Neighborhood Markets nationally. The move is part of Walmart's ongoing efforts to modernize the in-store and digital shopping experience. The number of U.S. jobless benefits applications fell by 11,000 to 207,000 from the previous week's 218,000. PepsiCo, the brand's parent company, is shifting its focus on reaching non-athletes who are seeking hydration. The stock market also rose, with the Dow Jones Industrial Average adding 0.2% and the Nasdaq composite rising 0.4%. PepsiCo's price cuts and new products improved demand for its snacks in the first quarter, contributing to an 8.5% increase in revenue.