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Walmart Mexico

Walmart Slammed For Handling Of Bribery Case

AP | RANDALL CHASE | Posted 05.20.2013 | Business

WILMINGTON, Del. -- A judge in Delaware ordered attorneys for Wal-Mart Stores Inc. to turn over more information to shareholders seeking records on ho...

Walmart To Incur Loss From Bribery Probe

AP | Posted 05.27.2013 | Business

NEW YORK — Wal-Mart Stores Inc. said it is `probable' that the world's largest retailer will incur a loss due to ongoing bribery investigations ...

Report: Walmart CEO Knew Of Bribery Allegations YEARS Ago

Reuters | Posted 03.12.2013 | Business

WASHINGTON/CHICAGO (Reuters) - Lawmakers on Thursday released emails that appeared to show Wal-Mart Chief Executive Mike Duke knew as far back as 2005...

The Wal-Martyrs of Mexican Bribery

Al Norman | Posted 02.22.2013 | Business
Al Norman

At the conclusion of its lengthy expose of Wal-Mart's bribery campaign in Mexico, the New York Times narrated the story of Emmanuel D'Herrera Arizcorreta, who died in prison as a result of his battles against Wal-Mart. But fellow activists charge that Wal-Mart is responsible for his death.

Walmart's Breathtaking Bribery Revealed

The New York Times | DAVID BARSTOW and ALEJANDRA XANIC von BERTRAB | Posted 12.17.2012 | Business

SAN JUAN TEOTIHUACÁN, Mexico — Wal-Mart longed to build in Elda Pineda’s alfalfa field. It was an ideal location, just off this town’s bustling...

Lawmakers: Walmart May Have Engaged In Bribery, Money Laundering, Tax Evasion

Reuters | Posted 10.14.2012 | Business

* Lawmakers probing allegations of bribery in Wal-Mart's Mexico unit * Wal-Mart also cooperating with DOJ, SEC on probe ...

Wal-Mart's Legal Bribery

Peter Dreier | Posted 08.21.2012 | Politics
Peter Dreier

Wal-Mart's single-minded goal in the United States is the same as it is in Mexico: open more stores and generate more revenue -- especially in urban areas, the company's next frontier. But it hasn't been easy.

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 ...

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 ...

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.

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.

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...

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...

Little Outrage In Mexico

AP | MARK STEVENSON | Posted 06.24.2012 | Business

MEXICO CITY — Allegations that U.S. retail giant Wal-Mart used bribes to speed its break-neck Mexican expansion are sparking some soul-searching...

Alice Hines

Walmart Critics See Opportunity In Alleged Mexico Bribery | Alice Hines | Posted 06.29.2012 | Business

A scandal surrounding Walmart over alleged bribery in Mexico is turning into fresh meat for its opponents in the United States. Labor unions and activ...

Justice Department Investigating Walmart Since Last Year

AP | ANNE D'INNOCENZIO | Posted 04.24.2012 | Business

NEW YORK -- Allegations that Wal-Mart Stores Inc. covered up the findings of an internal probe that proved its Mexican subsidiary bribed officials in ...

Short Sellers Target Walmart Mexico After Probe

The Huffington Post | Jillian Berman | Posted 04.23.2012 | Business

It looks as if the fallout from the Walmart Mexico bribery scandal is only beginning. Hedge Fund investors say they may short shares of Walmart de...

Watchdog Urges Probe Of Walmart Over Claims Of Vast Bribery Campaign

AP | GALIA GARCIA-PALAFOX | Posted 06.22.2012 | Business

MEXICO CITY — Mexico's federal government should investigate allegations of a vast bribery campaign by top executives of Wal-Mart's Mexican subs...