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Wal-Mart marks progress in Japan market
YAHOO
AP - Wal-Mart's Japanese subsidiary said Tuesday its first-half losses grew fivefold, but the unit's chief executive reaffirmed his commitment to Japan even as the U.S. retailer abandons the German and South Korean markets.
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Wal-Mart Japan loss shrinks
YAHOO
Reuters - Wal-Mart Stores Inc. Japanese
unit Seiyu Ltd. (8268.T) said on Tuesday its first-half
operating loss nearly halved on stronger same-store sales and
lower costs, and it kept its full-year forecast for a sharp
profit recovery that outstrips market expectations.
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Ex-Wal Mart boss sentenced to 27 months
YAHOO
AP - Former No. 2 Wal-Mart Stores Inc. executive Thomas Coughlin, who pleaded guilty to stealing money, merchandise and gift cards from the retailer, was sentenced Friday in federal court to 27 months of home detention and five years probation.
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Former Wal-Mart exec sentenced
YAHOO
Reuters - Tom Coughlin, the former
Wal-Mart Stores Inc. vice chairman who admitted to
stealing thousands of dollars from the company, was sentenced
on Friday to 27 months of home confinement.
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Sources: CNN
Wal-Mart to allow workers to join unions in China
YAHOO
Reuters - Retailing giant Wal-Mart will let
officials from China's state-run trade union to form and join
unions, a company spokesman said on Friday as the two sides
continued talks on the controversy.
Sources: YAHOO
Wal-Mart to help create Chinese unions
YAHOO
AP - Wal-Mart Stores Inc., the world's largest retailer, said Thursday it has agreed to cooperate with China's state-sanctioned labor group in creating unions at its 60 Chinese outlets.
Sources: YAHOO
Chinese union: Wal-Mart wants to talk
YAHOO
AP - Wal-Mart Stores Inc. has asked to hold talks with China's state-sanctioned labor group after employees formed the retailer's first Chinese unions, the labor group and a state news agency said Wednesday.
Sources: YAHOO
Can Wal-Mart take on OPEC?
CNN
More than 5 million vehicles on U.S. roads today can run on ethanol - a renewable fuel that comes from corn - as well as gasoline. General Motors (Charts), Ford (Charts) and DaimlerChrysler (Charts) recently announced plans to double their annual production of so-called flex fuel vehicles to two million cars and trucks by 2010.
Sources: CNN
Wal-Mart may sell ethanol
CNN
More than 5 million vehicles on U.S. roads today can run on ethanol - a renewable fuel that comes from corn - as well as gasoline. General Motors (Charts), Ford (Charts) and DaimlerChrysler (Charts) recently announced plans to double their annual production of so-called flex fuel vehicles to two million cars and trucks by 2010.
Sources: CNN
China union and Wal-Mart to hold talks: report
YAHOO
Reuters - Wal-Mart Stores Inc. will hold
talks with China's state-run trade union on Wednesday as the
two sides grapple over a push to establish unions at the
retailing giant's spreading Chinese stores, state media
reported.
Sources: YAHOO
Wal-Mart To Hike Base Pay At Some U.S. Stores
AHN
Wal-Mart Stores Inc., on Monday said that it is raising starting pay rates at about third of its U.S. stores. The retailer has been constantly under fire from critics who have accused Wal-Mart for low pays and meager benefits....
Sources: AHN
U.S. troops endure 125 degrees in Iraq
YAHOO
AP - After a long day searching homes in suffocating Iraqi heat, Lance Cpl. Mike Young saw a most surprising source of relief a sprawling Wal-Mart had appeared in the distance.
Sources: YAHOO
Sources: AHN
Feds probe post-Katrina bridge blockade
YAHOO
AP - Federal authorities will review last year's blockade of a Mississippi River bridge by armed police officers who turned back Hurricane Katrina evacuees trying to flee New Orleans.
Sources: YAHOO
Sources: AHN
Sources: YAHOO
New Ad Sales Idea To Be Tested On Ebay
AHN
Ebay Inc. and major advertisers are linking up to try a pitch for selling television advertising on the internet. The advertisers participating in the test include Toyota Motor Corp., Wal-Mart Stores Inc., Microsoft Corp., Hewlett-Packard Co. and Home Depot Inc....
Sources: AHN
Sources: YAHOO
Wal-Mart's Mexico unit eyes banking
YAHOO
AP - The Mexican unit of Wal-Mart Stores Inc. has filed for a banking license with local regulators, the latest retailer to enter the realm of financial services in Mexico in recent years.
Sources: YAHOO
Wal-Mart sees August same-store sales up
YAHOO
Reuters - Wal-Mart Stores Inc. on
Thursday said it expects 1 percent to 3 percent August sales
growth at its U.S. stores open at least a year.
Sources: YAHOO
Retailers report solid sales in July
YAHOO
AP - Scorching heat in much the country sent consumers in search of summer clothes in July, giving many retailers a solid sales performance for the month. But the outlook for the back-to-school shopping season remained uncertain as higher gasoline prices and rising interest rates are still expected to challenge consumers.
Sources: YAHOO
New poll shows Lieberman losing ground
YAHOO
AP - Millionaire businessman Ned Lamont has extended his lead against veteran Sen. Joe Lieberman less than a week before Connecticut's Democratic primary, according to a new poll released Thursday.
Sources: YAHOO
Group Pushing To Establish Union In All Wal-Mart Branches In China
AHN
The All-China Federation of Trade Unions is pushing for the establishment of labor unions in all the 60 Wal-Mart stores in China after employees at one of the store's outlet voted to form the company's first Chinese union. Guo Wencai, an official of the ACFTU told the Beijing News Daily, "This is...
Sources: AHN
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