Wal-Mart Stores, Inc.

Wal-Mart's profit, sales disappoint

2013-05-16 06:25:30

It was a tough quarter for Wal-Mart Stores Inc. The world's largest retailer reported Thursday that its first-quarter profit edged up slightly, but the company struggled with a sales slump in its namesake business. The company, based in Bentonville,...

Wal-Mart reports weak 1st-quarter sales, blames weather, tax issues

2013-05-16 08:49:00

Wal-Mart Stores Inc. reported slight upticks in revenue and profit in its first quarter, but the retail behemoth still missed Wall Street’s expectations and watched its stock suffer in morning trading. The Bentonville, Ark., mega-chain blamed...

Dow continues to sizzle, topping 15,000 for the first time

2013-05-07 19:40:00

� NEW YORK — Another day, another milestone on Wall Street. The red-hot Dow Jones industrial average barreled past 15,000 to close Tuesday at its highest point in history. It marked the 16th record close for the blue-chip index this year and...

Senate OKs Internet sales tax

2013-05-07 00:00:00

WASHINGTON — The Senate gave strong bipartisan approval to landmark legislation that could largely lead to the end of the nation's decades-long Internet sales tax holiday. Now the issue shifts to the more skeptical, Republican-controlled House,...

Retail sales brighten, but less than expected

2013-05-10 00:00:00

Late last month, as the weather began to warm into a semblance of spring, teens and bargain hunters who had spent months crunching their spending surged into retailers to shop. Their activity helped push up a monthly measure of same-store sales by 3.8%...

Blackstone commits to hiring 50,000 military veterans

2013-04-30 10:10:00

Blackstone Group, the New York-based private equity group, announced Tuesday it would hire 50,000 military veterans over the next five years across its various businesses. The company said it is partnering with the White House, which is leading an...

In the Inland Empire, an industrial real estate boom

2013-04-12 23:30:00

Nestled on the windy plains at the foot of the San Bernardino Mountains, once austere stretches of agricultural land have morphed into the country's most desirable industrial real estate market, and it is growing faster than any other industrial region in...

Senate approves Obama's budget chief

2013-04-24 10:59:00

WASHINGTON -- The Senate voted overwhelmingly Wednesday to approve President Obama’s nominee for top White House budget expert, bringing a woman into a top post in an administration that critics say has been dominated by men. Sylvia Mathews...

Portrait studios suddenly close in Sears, some Wal-Marts

2013-04-05 16:35:00

Portrait studios at Sears and some Wal-Mart stores — the scenes of innumerable family photos — have unexpectedly closed as their operator, CPI Corp., goes out of business. The portrait provider said in a statement on its website that all...

Letters: Wal-Mart and Obamacare

2013-03-10 00:00:00

Re "Health sign-up plan is assailed," Business, March 7 Goal: to reach the most people possible, where they are and are more likely to accept needed services. In this case, the effort is to enroll people in President Obama's healthcare expansion....

White House to nominate new budget director

2013-03-03 18:19:00

WASHINGTON – As he prepares for more spending battles with Congress, President Obama plans to nominate Sylvia Mathews Burwell, head of the Walmart Foundation, as his next budget director, the White House said Sunday. A former deputy budget...

Wal-Mart: Tax refund delay, high gas prices to flatten sales

2013-02-21 09:42:00

Wal-Mart Stores Inc. beat expectations for its most recent fiscal quarter, but the world’s largest retailer is now warning that higher payroll taxes, income tax refund delays and lofty gas prices will cause stagnant sales during the current quarter....

Wal-Mart Stores Inc. is one of the employers targeted by a bill by Rep. Jimmy Gomez (D-Echo Park) to penalize companies whose workers obtain healthcare coverage from Medi-Cal.

2012-11-23 00:00:00

WASHINGTON, D.C. - In cooperation with the U.S. Consumer Product Safety Commission (CPSC), Wal-Mart Stores Inc., of Bentonville, Ark. and Toys R Us Inc., of Wayne, NJ are announcing the recall of about 21,000 inflatable Banzai in-ground pool water slides.

2012-05-10 00:00:00

WASHINGTON, D.C. - The U.S. Consumer Product Safety Commission, in cooperation with the firm named below, today announced a voluntary recall of the following consumer product. Consumers should stop using recalled products immediately unless otherwise instructed.

2012-05-09 00:00:00