U.s. Lawmakers Launch Wal-mart Bribery Investigation

(Reuters) - Two Democratic lawmakers on Monday said they are launching an investigation into allegations of bribery at Wal-Mart Stores Inc's Mexican affiliate.

Sections:  news   u.s.   business   
Topics:  bribery   investigation   mexico   retail   retailer   wal-mart   wal-mart bribery   
RELATED ARTICLES
  • Retailers report modest gains for April
    Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
  • Sears Didn't Move Fast Enough, CEO Says
    Sears continues to struggle to get a "decent" return on its assets and the retailer didn't move fast enough to cut expenses after the financial crisis, the CEO said at the annual meeting. More
  • J.C. Penney ad apologizes to customers
    The ad comes after the Plano, Texas-based company last month fired its CEO, Ron Johnson, after 17 months on the job and rehired his predecessor Mike Ullman. Johnson's ambitious changes included getting rid of most sales and bringing in new, hip brands. More
  • Discover Pushes PayPal Payments; First Data Holds Out
    Discover makes headway in bringing eBay's online-payments service to physical retailers, but First Data, one of the country's largest merchant processors, has opted not to support the service. More
  • Big brands rejected Bangladesh factory safety plan
    As Bangladesh reels from the deaths of hundreds of garment workers in a building collapse, the refusal of global retailers to pay for strict nationwide factory inspections is bringing renewed scrutiny to an industry that has profited from a country notorious for its hazardous workplaces and subsistence-level wages. More
BING NEWS:
  • What is at stake for Uber in U.S. bribery probe?
    SAN FRANCISCO (Reuters) - A U.S. bribery investigation at ride-hailing company Uber ... One measure of how high costs can go: Wal-Mart Stores Inc , which has faced a massive and prolonged FCPA investigation of its operations abroad, says it has spent ...
    09/20/2017 - 1:00 pm | View Link
  • The Morning Risk Report: Europe’s Banks Tune Out U.S. on Iran
    U.S crowdfunding rules launch fight. The long-delayed introduction of ... is investigating the data accuracy of non-performing loans, Reuters reports. Wal-Mart wins dismissal of bribery lawsuit. A Delaware judge dismissed a lawsuit by Wal-Mart Stores ...
    05/16/2016 - 12:42 am | View Link
  • Wal-Mart rejects settlement with U.S. over alleged bribery
    Prosecutors have now gone back to seek more evidence about the company's alleged bribery in Mexico to put pressure on the retailer to settle, Bloomberg reported. (http://bloom.bg/2e5W54p) Some of Wal-Mart's actions in Mexico may be too old to prosecute ...
    04/12/2016 - 1:00 pm | View Link
  • Wal-Mart seen facing sizable fines in U.S. bribery probe
    WASHINGTON (Reuters) - Wal-Mart Stores may be facing sizable fines related to allegations of widespread bribery at its Mexican affiliate, after a second report from the New York Times provided more details about the scope of the alleged misconduct.
    12/18/2012 - 9:21 am | View Link
  • U.S. lawmakers to launch Wal-Mart bribery probe
    Two U.S. lawmakers late Monday said they are launching an investigation into allegations of bribery at Wal-Mart Stores's (NYSE:WMT) Mexican affiliate. Bribery by American companies overseas is outlawed under the U.S. Foreign Corrupt Practices Act of 1977.
    04/24/2012 - 1:57 am | View Link
  • More
BING SEARCH:
  • MyWay
    Mindspark Interactive. Help Uninstall EULA Privacy Uninstall EULA Privacy
    04/22/2018 - 11:05 pm | View Website
  • Texarkana Gazette | Texarkana Breaking News
    The Texarkana Gazette is the premier source for local news and sports in Texarkana and the surrounding Arklatex areas.
    04/22/2018 - 3:42 pm | View Website
  • Wires
    24 Mins Ago. EVERETT, Wash.— An entrepreneur wants to bring a global trend to the U.S. and put commercial airport terminals in the hands of private companies instead of the government.
    04/22/2018 - 2:59 pm | View Website
  • Business News, Personal Finance and Money News
    Find the latest business news on Wall Street, jobs and the economy, the housing market, personal finance and money investments and much more on ABC News
    04/22/2018 - 10:48 am | View Website
  • What I Am Reading
    Apr 18 (Wednesday) Markets Bank Investors Keep Taking Profits, No Matter the Earnings Beat (B) Trump’s Yuan Devaluation ‘Warning Shot’ Isn't Having Much Impact (B) ...
    04/22/2018 - 7:56 am | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News