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Brand will report to President and CEO Doug McMillon. She will be responsible for the organization's Legal, Global Ethics and Compliance and Global Investigation, Security, Aviation and Travel departments, along with her role as corporate secretary.
Wal-Mart Stores Inc. misled U.S. shoppers by selling organic eggs laid by hens raised in enclosed structures under package labels that said the birds had access to the outdoors, a federal lawsuit alleged on Monday. The suit highlights uncertainty among consumers about production practices in the $500 million organic egg industry, farmers said, after the U.S. Department of Agriculture last month shelved plans to spell out for the first time what it means for birds to have access to the outdoors.
President Donald Trump has nominated an ethics and compliance director at Wal-Mart Stores Inc. to be the next U.S. attorney for the Western District of Arkansas. Duane A. Kees, known as "Dak," currently focuses on corporate investigations for the Bentonville-based retailer, according to a news release the White House sent out Friday.
Wal-Mart Stores has opened a new front in its battle with Amazon.com. The world's largest retailer has applied for a U.S. patent for a floating warehouse that could make deliveries via drones, which would bring products from the aircraft down to shoppers' homes.
A Fayetteville judge ordered Wal-Mart Stores Inc. Chief Executive Officer Doug McMillon to answer questions in a shareholders lawsuit accusing the retailer of defrauding investors by covering up a Mexican bribery scheme. U.S. District Judge Susan Hickey denied Wal-Mart's motion Thursday seeking a protective order prohibiting the CEO's deposition in the class-action case.
The reported earnings per share topped the analyst's consensus by $0.02 with the percentage difference between estimated and actual earnings arriving at 2.10%. The brokerage now has a "neutral" rating on the retailer's stock.
Wal-Mart Stores Inc. over a proposed U.S. tax on imports, setting up a battle across industries that could be one of the most fractious in recent corporate history. American Made Coalition ," a group representing makers of domestic goods that will promote efforts to overhaul the U.S. tax code.
President-elect Donald Trump is establishing a Strategic and Policy Forum, which will meet with him for the first time at the White House in February, to share ideas with Trump as he "implements his plan to bring back jobs," according to Trump's transition team. The Forum will be comprised of many business leaders, but at least three of the 16 members have a history of supporting the importation of foreign workers.