Word: wals
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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...
Blood is not specific about where they will invest but theorizes, for instance, that BP might have an edge over other oil companies, thanks to its interest in green technologies; Costco would be a better long-term bet than Wal-Mart because it keeps its workers happier. He and Gore even see potential for making money fighting international scourges like AIDS and malaria. "There are risks associated with these issues," says Blood, "but they are also opportunities if businesses can think about them...
...jobs and 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...