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Walmart Bribery

Amid Bribery Scandal Walmart Encourages 'Integrity' At Employee Rally

Reuters | Posted 07.30.2012 | Business

* Wal-Mart international executives cheer on employees * Talk of Mexico bribery scandal largely avoided * Wal-Mart share...

Major Shareholder To Vote Against Walmart CEO In Wake Of Scandal

Reuters | Posted 07.23.2012 | Business

By Jessica Wohl May 23 (Reuters) - CalPERS, the biggest U.S. public pension fund, said on Wednesday it plans to vote a...

America's Second Largest Pension Fund To Vote Against Walmart Board

Reuters | Posted 07.22.2012 | Business

* CalSTRS to vote against all Wal-Mart board members * Proxy firms advise votes against CEO, others * Wal-Mart shares hi...

Walmart Shareholders Urged To Kick CEO Off Board

AP | ANNE D'INNOCENZIO | Posted 07.21.2012 | Business

NEW YORK -- Two leading proxy adviser firms are telling Wal-Mart shareholders to vote against certain board members up for re-election next week, sayi...

Lawmakers Frustrated By Lack Of Cooperation In Bribery Probe

Reuters | Posted 07.21.2012 | Business

* Wal-Mart briefed panel on compliance program * Cummings, Waxman want information on bribery allegations ...

Customer Finds Surprise Under Her Car After Walmart Oil Change

The Huffington Post | Harry Bradford | Posted 05.18.2012 | Business

A Walmart customer says she found an unpleasant surprise after taking her car to the retail giant for an oil change. A Fort Worth, Texas woman, kn...

Apparently Bribery Allegations Aren't Hurting The Bottom Line

Reuters | Posted 07.17.2012 | Business

* Q1 EPS $1.09 vs Wall Street view of $1.04 * Walmart U.S. same-store sales up 2.6 pct * International bribery probe ong...

Website Is A Forum For Walmart Critics Of All Stripes

The Huffington Post | Alice Hines | Posted 05.12.2012 | Business

It's like YouTube, if every video were about Walmart. Nearly three weeks after Walmart was accused of bribing government officials in Mexico, a n...

Warren Buffett: Walmart 'May Well Have Made A Mistake'

Reuters | Posted 05.07.2012 | Business

OMAHA, Neb., May 5 (Reuters) - Warren Buffett on Saturday told Berkshire Hathaway Inc shareholders that he has not changed his opinion about Wal-Mart ...

Official Skewers Walmart's Lobbying

The Huffington Post | Alice Hines | Posted 05.04.2012 | Business

In the latest effort by politicians to exact retribution from Walmart for allegedly bribing officials in Mexico, New York City's public advocate, Bill...

Huge Pension Fund Sues Execs In Wake Of Scandal

AP | ANNE D'INNOCENZIO | Posted 07.04.2012 | Business

NEW YORK — One of the nation's largest public pension funds has filed a lawsuit against current and former Wal-Mart executives and board members...

Walmart's (In)action in Mexico Hurts Everyday Americans

Dawn Lerman | Posted 07.02.2012 | Business
Dawn Lerman

When Wal-Mart gets itself into trouble, it makes it that much harder for ordinary people to accept the company's good deeds. Yes -- you read that right: good deeds.

Don't Believe the Hype on Corporate Bribery

Brandon L. Garrett | Posted 07.02.2012 | Crime
Brandon L. Garrett

Corporations can be prosecuted as criminals and every year some get convicted of crimes. However, over the past decade the government has not stepped up corporate crime enforcement. In fact, the evidence is to the contrary.

U.S. Businesses Face Culture Rife With Bribery In China

Reuters | Posted 06.29.2012 | Business

* U.S. companies challenged by FCPA * In state-owned China, who is an "official"? * Highly regulated industries pose hig...

Walmart, the FCPA, and America's Ability to Compete

Daniel Wagner | Posted 06.29.2012 | Business
Daniel Wagner

While the FCPA has served a useful purpose, it remains stuck in another era. In today's dynamic and ever-changing international business landscape, U.S. businesses would really benefit from a less absolutist approach to the subject.

Employee Petition Has Thousands Of Signatures Demanding CEO Step Down

Reuters | Posted 06.27.2012 | Business

By Brad Dorfman April 27 (Reuters) - A deli manager at a Walmart store has started an online petition calling for the ...

Rationalizing Walmart in Mexico

Robert Teitelman | Posted 06.26.2012 | Business
Robert Teitelman

This was not really about the long-term good of Walmart, which will now undergo a long, expensive and destructive scandal that will also suck in a new generation of (possibly) innocent executives, employees and shareholders. This was about personal self-interest in the short term.

Mexico City Mayor: 'We'll Have To Act' If Walmart Allegations Prove True

Reuters | Posted 06.26.2012 | Business

MEXICO CITY, April 26 (Reuters) - Mexico City's mayor, Marcelo Ebrard, said on Thursday authorities in the capital would investigate allegations "st...

Practicing What You Preach: A Lesson for Walmart's Bosses

Cobus de Swardt | Posted 06.26.2012 | Business
Cobus de Swardt

Allegations that Walmart paid millions of dollars in bribes to build up its empire in Mexico should act as a warning sign to corporations everywhere. A culture of bribery in a subsidiary is unacceptable, but failing to deal with it would be even worse.

Congress Looks Into Walmart's Lobbying Against Anti-Bribery Law

The Huffington Post | Alice Hines | Posted 04.25.2012 | Business

Two congressmen investigating the Walmart bribery scandal announced on Wednesday that they will also begin probing Walmart's lobbying against the Fore...

Nike Exec Accused Of Bribery

The Huffington Post | Ron Dicker | Posted 04.25.2012 | Business

Just as Walmart faces accusations of bribery in Mexico, another mega-corporation is fielding its own corruption charges on foreign soil. Li Tong, ...

Shareholder Sues Over Bribery Allegations

Reuters | Posted 06.25.2012 | Business

WILMINGTON, Del, April 25 (Reuters) - A shareholder sued the board and several officers of Wal-Mart Stores Inc on Wednesday over allegations that th...

Sam Stein

Informal Romney Adviser And Top GOP Lobbyist Helping Walmart

HuffingtonPost.com | Sam Stein | Posted 04.25.2012 | Politics

WASHINGTON -- A top GOP lobbyist with informal ties to former Massachusetts Gov. Mitt Romney's presidential campaign is among the group of officials h...

A New Walmart Can Cost The Surrounding Community Millions

The Huffington Post | Alexander Eichler | Posted 04.25.2012 | Business

Let's say a new Walmart is opening in your town. Should you be worried? According to recent research from a Seattle-area advocacy group, the answer...

Big Box, Big Problems

The Huffington Post | Mark Gongloff | Posted 04.25.2012 | Business

There are at least a hundred billion galaxies in the universe, but only seven and a half things you need to know today. Here they are: Thing One: W...