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Tuesday, June 16, 2015

Tuesday, June 16, 2015 - 06:34:00

Complaint to IRS alleges Walmart used foundation grants to its business advantage

A coalition of labor organizations and community groups filed a complaint yesterday with the IRS that alleges Walmart has targeted its grantmaking via the Walmart Foundation to soften opposition to its expansion in several major U.S. cities.

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Friday, June 5, 2015

Friday, June 5, 2015 - 09:54:00

Greg Penner elected chair of Walmart board to succeed father-in-law Rob Walton

Greg Penner's expected rise to Walmart leadership was formalized this morning with the board's election of Penner to succeed his father-in-law, Rob Walton, as chair of the retailer's board. The annual stockholder meeting is underway in Fayetteville with the usual lineup of celebrity entertainment.

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Wednesday, March 25, 2015

Wednesday, March 25, 2015 - 07:55:00

Trinity Church, a Walmart shareholder, suing retailer over vote on guns

Trinity Church, an Episcopal church in lower Manhattan, is challenging the company on its policy around selling guns and has sued the retail behemoth over its refusal to allow a shareholder vote on Trinity's proposal. Briefs are being filed this week with the Third Circuit Court of Appeals in a case with implications not just for the issue of gun sales but for corporate governance and shareholder activism.

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Monday, February 23, 2015

Monday, February 23, 2015 - 20:10:00

Walmart weighs in, too late, against gay discrimination legislation

Now they tell us. Walmart finally breaks silence on SB 202, a statute intended to allow discrimination against gay people even if local governments want to prevent it. Breaks wind is more like it, with a statement of opposition after the bill became law.

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Thursday, February 19, 2015

Thursday, February 19, 2015 - 14:07:00

Walmart taking all workers to at least $9 an hour. Context supplied.

After months of heavy pressure from critics, Walmart has announced it will raise pay of all U.S. workers to at least $9 an hour by April. Before you sing the Hallelujah Chorus, consider some context.

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Saturday, February 14, 2015

Saturday, February 14, 2015 - 07:32:00

Walmart challenges Texas law banning its sale of spirits

Walmart has sued Texas regulators over laws that prevent its stores from selling spirits in Texas. What about Arkansas?

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Wednesday, November 12, 2014

Wednesday, November 12, 2014 - 09:52:00

Short staffing cited in report about Walmart memo to grocery managers

The New York Times has been leaked a Walmart memo to managers to address complaints about stocking and out-of-date items. The leaker suggested the problems were related to short staffing

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Friday, September 26, 2014

Friday, September 26, 2014 - 10:40:00

Walmart getting in the checking business

Walmart announced earlier this week that the retail behemoth will offer low-cost checking accounts to its customers.

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Friday, August 15, 2014

Friday, August 15, 2014 - 09:04:00

Walmart expects to spend $500 million on employee health care this year

Walmart announced that it expects to spend around $500 million for domestic employee health-care costs, up from a previous estimate of $330 million.

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Friday, August 8, 2014

Friday, August 8, 2014 - 06:42:00

Walmart's push into medical care

Walmart, hoping to benefit from Obamacare's increase in medical spending, is moving to become a one-stop shopping place for primary medical care.

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Monday, June 2, 2014

Monday, June 2, 2014 - 07:40:00

'Freedom Summer II' targets better pay and benefits for Walmart workers

Former Labor Secretary Robert Reich writes here about "Freedom Summer II," an organizing effort nationwide to demonstrate for better pay, benefits and working conditions for Walmart workers.

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Tuesday, April 15, 2014

Tuesday, April 15, 2014 - 07:20:00

Organizations rally for tax fairness at Capitol

Representatives from Women's Action for New Directions (WAND) and the American Federation of State, County and Municipal Employees (AFSCME), along with other local organizations, will speak on tax and budget fairness at a rally at the Capitol today at noon. The event, part of a series called "Truthful Tuesdays" coincides with the income tax deadline today.

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Saturday, April 12, 2014

Saturday, April 12, 2014 - 10:26:00

Walmart partnering with Wild Oats to offer cheap organic food

Walmart's steady march toward domination has a new (and inevitable) turn: "everyday low prices" for organic food. The retail behemoth is partnering with Wild Oats to offer a range of organic food that will be sold at around 25 percent less than similar options sold elsewhere.

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Tuesday, April 1, 2014

Tuesday, April 1, 2014 - 14:21:00

Food stamps represents big business for Walmart

Marketplace and Slate examine the business side of Supplemental Nutrition Assistance Program (SNAP) benefits and find, not surprisingly, that the funds are a significant part of big box store's business models.

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Wednesday, March 26, 2014

Wednesday, March 26, 2014 - 16:03:00

Walmart recalls dolls due to burn risk

My Sweet Baby Cuddle Care baby dolls are too hot to handle.

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Tuesday, March 25, 2014

Tuesday, March 25, 2014 - 17:50:00

Walmart business model relies on food stamps

Food stamp cuts hurt Walmart's bottom line. And they hurt low-income people in Arkansas too, but let them eat iPhones, says Tom Cotton.

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Monday, March 3, 2014

Monday, March 3, 2014 - 08:22:00

Walmart starts blogging today

Some time today, Walmart is supposed to unveil on its corporate website a new blog to communicate with stockholders and anyone else who wants to talk with the giant retailer. Public comments will be permitted, though it's not yet clear if they'll be pre-screened.

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Thursday, February 20, 2014

Thursday, February 20, 2014 - 06:34:00

Walmart announces a dividend increase

Walmart announced this morning an increase in the company's stock dividend from $1.88 to $1.92 a share, or slightly more than a 2 percent increase. More than half of that increase will accrue to the benefit of the family of founder Sam Walton.

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Saturday, February 1, 2014

Saturday, February 1, 2014 - 08:00:00

Food stamp cuts hurt Walmart. Now there's a constituent Tom Cotton might care about.

I hardly need to elaborate on the screen shot from CNN. Yes, you read correctly.

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Wednesday, December 25, 2013

Wednesday, December 25, 2013 - 07:31:00

Walmart pressures employees into political contributions

Walmart gets busted here for essentially bribing employees to make contributions to the company's PAC, by matching their contributions 2-for-1 for favorite charities of the employees.

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