
LA's Old Chinatown ponders a future with Wal-Mart
On the surface, a big Wal-Mart store might seem out of place in the midst of the old-fashioned curio shops, the little dim sum eateries and the ...

Wal-Mart's 1Q profit up 10.1 percent
Wal-Mart may have gotten its groove back, but an alleged bribery scheme threatens to curtail its progress. As Wal-Mart reported first-quarter profit ...
Buffett's firm buys 10M share stake in GM
Warren Buffett's company is apparently bullish on the U.S. auto industry. Berkshire Hathaway Inc. took a new 10-million share stake in General Motors ...

Penney has 1Q loss as new pricing repels shoppers
Turns out, J.C. Penney shoppers don't prefer predictable pricing over blockbuster bargains — at least not yet. The department-store chain on Tuesday ...

Again? Wal-Mart's rep takes another beating
In business, you're only as good as your last good deed. Wal-Mart, the world's largest retailer, in recent years has tried to repair a reputation ...

Time cover shows mom breastfeeding 3-year-old
Shocking or no big deal? A woman breastfeeding her 3-year-old son is the cover photo of this week's Time magazine for a story on "attachment ...
Exxon Mobil tops Fortune 500 list
Exxon Mobil has bumped Wal-Mart from first place among the Fortune 500 top revenue-generating U.S. companies thanks to rising oil prices.
Top Berkshire execs take questions at meeting
Berkshire Hathaway chairman and CEO Warren Buffett and vice chairman Charlie Munger spent more than five hours Saturday answering questions from ...
California pension fund sues Wal-Mart leaders
One of the nation's largest public pension funds has filed a lawsuit against current and former Wal-Mart executives and board members, saying they had ...
Pension fund urges vote against Wal-Mart directors
New York City Pension Funds is urging shareholders to vote against the re-election of Wal-Mart Stores Inc. CEO Mike Duke and four other board members ...
Wal-Mart paying $4.8M for overtime violations
Wal-Mart Stores Inc. will pay $4.8 million in back wages and damages to more than 4,500 employees nationwide for unpaid overtime, The Labor Department ...

Humana reports 21 percent drop in 1Q profit
Humana Inc. said Monday that its first-quarter profit fell 21 percent as the health insurer paid out more in claims and beefed up spending to handle ...
Wal-Mart offers online shoppers a "cash" option
Wal-Mart shoppers now will be able to pay cash for online purchases. The world's largest retailer on Thursday said it will allow shoppers to buy items ...
Senate rejects measure to nullify union rules
The Senate rejected a Republican attempt Tuesday to overturn new regulations designed to give unions quicker representation elections in their effort ...

Wal-Mart faces big fines amid bribery charges
Allegations that Wal-Mart Stores Inc. covered up the findings of an internal probe that proved its Mexican subsidiary bribed officials in that country ...

Netflix's 1Q tops forecasts, stock still plummets
Netflix's comeback from a customer backlash accelerated during the first quarter, but the recovery wasn't impressive enough to ease more pressing ...

US stocks slide on economic tremors from Europe
A collection of worrying news out of Europe sent stocks sharply lower on Monday. The Dutch government collapsed Monday, a day after French President ...
Wal-Mart Stores stock slides on bribery probe
Shares of Wal-Mart Stores fell nearly 5 percent after a news report alleged executives at the company's Mexican subsidiary carried out a vast bribery ...

Watchdog: Mexican government should probe Wal-Mart
Mexico's federal government should investigate allegations of a vast bribery campaign by top executives of Wal-Mart's Mexican subsidiary to build ...

Report: Wal-Mart hushed up bribe network in Mexico
Wal-Mart Stores Inc. hushed up a vast bribery campaign that top executives of its Mexican subsidiary carried out to build stores across that country, ...

'Shrek' studio joins Wal-Mart disc-to-digital plan
DreamWorks Animation SKG Inc., the maker of "Shrek," ''Madagascar" and "Kung Fu Panda," is teaming up with Wal-Mart Stores Inc. to help people convert ...

Obama seeks CEOs' help in Latin America
Declaring that a new environment for cooperation exists in the Americas, President Barack Obama sought to convince U.S. business Saturday that he's ...

Skittles joins food brands at center of tragedy
It could've been Starbursts, Twizzlers or Sour Patch Kids. But when Trayvon Martin was fatally shot, he happened to be carrying a bag of Skittles.

Wal-Mart previews 'Disc to Digital' movie service
Wal-Mart Stores Inc. previewed its "Disc to Digital" service for converting DVDs into an online library on Wednesday. Based on my experience, I'd give ...

Key to Netflix's future: better recommendations
Netflix executives John Ciancutti and Todd Yellin are trying to create a video-recommendation system that knows you better than an old friend.