Eduardo Castro-Wright, the former CEO of Walmart Stores USA, has been accused of orchestrating a $24 million bribery scheme to expand the company's presence in Mexico between 2002 and 2005. The alleged scheme involved a series of payoffs to Mexican city governments, according to an investigation by the New York Times Read More
Is Walmart going green? Mike Duke, the company's CEO, says in a new 126 page report that the company is becoming more sustainable and responsible while "building meaningful, long-term change." Activists disagree. Walmart's "environmental impact has only grown over the last seven years" they say in a counter-report. Read More
The drop in U.S. demand for high-end jewelry in a slumping economy is having ripple effects around the globe as stores close, workers are laid off in mass in the diamond-polishing factories of Gujarat, and countries like Botswana experience a dramatic drop in diamond revenue. Read More
The drop in U.S. demand for high-end jewelry in a slumping economy is having ripple effects around the globe as stores close, workers are laid off in mass in the diamond-polishing factories of Gujarat, and countries like Botswana experience a dramatic drop in diamond revenue. Read More
The 2008 Beijing Olympic Games
have been referred to as the "People's Games," the "High Tech Games"
and the "Green Games," but they could be more aptly described as the
Commercial Games. Read More
Dietary-supplements maker Mannatech Inc. said it settled several lawsuits with shareholders who accused the company of using improper sales tactics to boost the value of the stock. Read More
Walgreen Co. has agreed to pay $35 million to settle allegations that it improperly switched customers to more expensive forms of pills paid for by Medicaid, the government health care program for the poor. Read More
A state judge in Albany has found that Dell Inc. and its financing unit engaged in deceptive business practices related to financing promotions for its computers and technical support, New York Attorney General Andrew Cuomo said Tuesday. Read More
n the case of Gallaher, Imperial Tobacco, Asda, Sainsbury, Shell, Somerfield and Tesco, there was an indirect exchange of proposed future retail prices between competitors, it adds, allegedly between 2001 and 2003. Read More
But a coalition of children's advocates contends that the hospital went too far by agreeing to name a new emergency department and trauma center after another locally based retailer, Abercrombie & Fitch, in exchange for a $10 million donation. Read More
