The California State Teachers' Retirement System (CalSTRS) is suing Wal-Mart Stores Inc. (NYSE: WMT), accusing leaders of the world's biggest retailer of not upholding the best interest of shareholders by quashing an investigation of bribery of public officials by its Mexican subsidiary.
It's May the Fourth. You know what that means, Star Wars fans. Happy Star Wars Day!
The second largest U.S. public pension fund said on Thursday it had sued current and former executives and board members at Wal-Mart Stores Inc, alleging bribery and a cover-up in the company's expansion in Mexico.
An 18-year-old man dressed in a cow cuit lugged 26 gallons of milk out of a Wal-Mart without paying for them. To boot, the thief crawled on all fours out of the store.
Stocks advanced in choppy trade on Thursday as another batch of positive earnings and a strong housing report put equities on track for a third straight day of gains.
For the 19th time in the last 20 quarters, Apple reported sales that exceeded Wall Street's estimates. Not bad for a company started out of a garage. On Tuesday, Apple followed-up its most successful quarter in company history with its Q2 2012 financial results.
U.S. regulators are investigating major U.S. movie studios' dealings with China as the entertainment companies try to get a greater foothold in one of the fastest-growing movie markets in the world.
Stock index futures crept higher on Tuesday after sharp market losses in the previous session but continued concerns about Europe's debt crisis could mean gains will be slight.
Stock index futures pointed to a higher open on Wall Street on Tuesday, with futures for the S&P 500 up 0.37 percent, Dow Jones futures up 0.35 percent and Nasdaq 100 futures up 0.48 percent at 4:35 a.m. EDT.
Two Democratic lawmakers on Monday said they are launching an investigation into allegations of bribery at Wal-Mart Stores Inc's Mexican affiliate.
The sinking of Wal-Mart's stock after the Mexican Bribery Scandal, cost the retail powerhouse $4.5 Billion. The loss comes after its investors watched as the companies Mexican subsidiary tried to cover up accusations of corruption in their growth practices.
Stock index futures pointed to a sharply lower open on Monday on weak European data and renewed anxiety over how the region would tackle its debt crisis, while Wal-Mart slumped after a report it stymied a probe into bribery allegations.
The companies whose shares are moving in pre-market trade Monday are: Ardea Biosciences, Amylin Pharmaceuticals, Savient Pharmaceuticals, Amarin Corp, DR Horton, Achillion Pharmaceuticals, SGOCO Group, Kellogg Co, Wal-Mart Stores and United States Steel Corp.
Stock index futures slid on Monday on renewed anxiety over how Europe would tackle its sovereign debt crisis while Wal-Mart shares fell after a report about a stymied probe into bribery allegations.
Stock index futures were sharply lower on Monday as political uncertainty in Europe raised new questions about how effectively the region would tackle its sovereign debt crisis.
U.S. stock futures pointed to a lower open for equities on Wall Street on Monday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 falling 0.8 to 0.9 percent.
New York Times says Wal-Mart suppressed an investigation into an extensive bribery campaign carried out by top executives of its Mexican subsidiary
Bill Ackman and Sam Zell spoke Thursday at the NYU Shack Institute's annual REIT conference.
Since Apple introduced the first iPhone in June 2007, one question has dominated the conversation: When's the next one coming out? While Apple keeps its lips sealed until the official unveiling, there are plenty of reasons why consumers shouldn't expect a new iPhone to debut in two to three months. The iPhone 5 is coming, but it's coming in October. Here are five reasons why:
We need to get today's youth out of the virtual world and into the outdoors.
Sprint subscribers may be seeing a new handset from the carrier sooner than expected. A release date has not been officially announced for the Galaxy Nexus LTE, but a leaked document says that the device will debut on April 22nd, according to The Verge.
Best Buy has fallen on hard times in a sluggish economy, suffering a dismal drop in sales and an overall $1.2 billion loss over the last fiscal year. The electronics giant announced Thursday that it will close 50 stores and cut 400 jobs at its Richfield, Minn., corporate headquarters, hoping to save $800 million over the next three years in order to stay afloat.
