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Yahoo

Business - Wal-Mart must face U.S. class action over alleged Mexican bribery


Wal-Mart Stores Inc must face a class-action lawsuit accusing the world`s largest retailer of defrauding shareholders by concealing suspected bribery to help it expand faster in Mexico, a U.S. judge said. In a decision on Tuesday, U.S. District Judge Susan Hickey in Fayetteville, Arkansas rejected Wal-Mart`s contention that a Michigan pension fund had no standing to lead the case because it had not suffered losses on the retailer`s stock. The decision means shareholders can sue Wal-Mart and former Chief Executive Mike Duke as a group over the alleged cover-up of bribery at Wal-Mart de Mexico.


Thursday, September 22, 2016  00:25

Yahoo

Business - Wal-Mart completes acquisition of Jet.com


Wal-Mart Stores Inc on Monday said it has completed the acquisition of internet retailer Jet.com after agreeing to pay about $3 billion for the e-commerce startup last month. Wal-Mart Chief Executive Doug McMillon announced the closing of the deal, which was pending regulatory approval, in a blog post on the retailer`s website. The acquisition will impact Wal-Mart`s 2017 fiscal year earnings marginally more than the retailer`s initial estimate of a 5 cents per share impact as the transaction closed ahead of time, Wal-Mart said.


Monday, September 19, 2016  23:02

CNN

Top Stories - Who Obama blames for close election



Monday, September 19, 2016  04:02

Yahoo

World - Ranieri impressed by Slimani and Mahrez double act


Claudio Ranieri believes Algerian duo Islam Slimani and Riyad Mahrez can form a deadly double act for Leicester after the Algerian duo inspired a 3-0 win over Burnley. Slimani scored twice on his Premier League debut for the champions on Saturday, while fellow Algeria international Mahrez displayed the form that saw him voted player of the year last season. The pair linked up impressively with Leicester striker Jamie Vardy and Foxes manager Ranieri believes they will relish joining forces at club level.


Sunday, September 18, 2016  01:48

CNN

Top Stories - Reality Check: Trump wrong on ISIS


Interviewed Monday on Fox News Channel`s `Fox and Friends,` Donald Trump, the Republican presidential nominee, declared that Americans have traveled overseas, fought for ISIS and returned with impunity.


Monday, September 19, 2016  21:30

CNN

Most Recent - Reality Check: Trump wrong on US taking back returning ISIS fighters.


Interviewed Monday on Fox News Channel`s `Fox and Friends,` Donald Trump, the Republican presidential nominee, declared that Americans have traveled overseas, fought for ISIS and returned with impunity.


Monday, September 19, 2016  20:44

CNN

Most Recent - Emmys: Tears and jeers at TVs biggest night


The 68th Emmy Awards have been going on for less than an hour but they`ve already given the audience a good deal of laughs -- and tears.


Monday, September 19, 2016  02:03

USATODAY

Top Stories - Samsung appliances, TVs not affected by phone recall


Despite the massive smartphone recall, other Samsung products are safe.


Tuesday, September 20, 2016  23:01

CNN

Most Recent - `Lethal Weapon,` `Exorcist` Fox series try to scare up TV ratings


`Lethal Weapon,` `The Exorcist` review Fox


Wednesday, September 21, 2016  18:10

Yahoo

Business - Wal-Mart pays quarterly bonuses to more store employees


Wal-Mart Stores Inc said it paid more than $201 million in second-quarter bonuses to hourly store staff as 99 percent of its stores met targets for cleanliness, faster checkout and better service. The world`s largest retailer said 932,000 store employees received a quarterly bonus this year. Wal-Mart is the largest private employer in the United States, with about 1.5 million workers including hourly store staff, store management and truck drivers.


Wednesday, September 21, 2016  11:14

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