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Amount a lawsuit alleges a former Wal-Mart vice chairman siphoned off via bogus expense reports and misuse of company gift cards, charges he denies...
Number of years he headed employee-theft investigations at Wal-Mart's Sam's Club division...
...SIROWIY, father of a 13-year-old Iraqi boy who underwent facial-reconstruction surgery in the U.S. for injuries caused by a U.S. cluster bomb, after he and his son visited Wal-Mart...
...curtail growth in its export-fueled economy. Officials for Chinese companies that compete almost entirely on price, such as those in the toys and textiles industries, say even this 2.1% increase in the yuan's value will hurt sales to cost-conscious U.S. retailing giants such as Wal-Mart and Target. Yu Zhihua, export manager for the Hangzhou Silk and Garment Import Export Corp. in Hangzhou, says her profit margins are so thin already that she can't afford to lower prices to offset the 2.1% difference in currency values. "We expect contracts that would have gone to us will...
...Alan Middendorf Longmont, Colorado, U.S. Most Americans are concerned about jobs being moved offshore, as factory after factory cuts workers. We complain bitterly and wonder how all that will play out. Don't Chinese imports spell the end of profitable manufacturing jobs in the U.S.? People shop at Wal-Mart because it's cheaper. We look for better prices on clothes, appliances and vehicles. What's going to happen when China 's manufacturing powerhouse really kicks into gear? Protecting the U.S. economy will require extreme measures that are perhaps anathema to a free-market philosophy. Tariffs seem...