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| Article Title | Sentiment | Date | Summary | Stock | Id | Author |
|---|---|---|---|---|---|---|
| Article Title | Sentiment | Date | ||||
| Minimum-Wage Foes Tripped Up by Facts | -13 | 2016-12-07 00:00:00 | How else can we explain why even before minimum-wage increases went into effect the critics were already assigning blame for rising unemployment? But so far the early data continues to confirm the work of Krueger and Card: Minimum-wage increases are not the automatic job killers depicted by their opponents. The two economists looked at employment in the fast-food industry when minimum wages were raised in one market but not in the adjacent market. Many subsequent studies confirmed their findings -- modest increases in minimum wages don’t lead to job losses. The modern minimum-wage debate traces back to the seminal 1993 research by Alan Krueger and David Card. | WMT | {"Albert R","Editorial Board","Barry Ritholtz","Faye Flam","Megan Mcardle","Leonid Bershidsky","Virginia Postrel"} | 1132 |
| Wal-Mart Joining Corporate Surge to Protect LGBT Employees | -9 | 2016-12-05 00:00:00 | "Corporate America has risen to the top in terms of being a high-impact influencer” on LGBT rights, said Deena Fidas, director of the workplace equality project at the Human Rights Campaign, the largest advocacy group for lesbian, gay, bisexual and transgender rights. Wal-Mart Stores Inc. added insurance coverage for transgender workers this year, joining more than 500 companies taking a bigger role in advancing the rights of LGBT employees in a competitive market for labor. Wal-Mart, which scored 90 points the last two years, has moved up from 40 points in 2011. You will now receive the Pursuits newsletter The corporate equality index scores companies in five categories, including insurance benefits and diversity training. Companies from Apple Inc. to Xerox Corp. are pushing to protect employee rights and improve gender equality as some legislative efforts have stalled. | WMT | {"More Stories Shannon Pettypiece","Shannon Pettypiece","Jeff Green","More Stories Jeff Green"} | 1131 |
| Man accused of murder believed he shot Trump | -17 | 2016-12-20 00:00:00 | (Photo: Matt Weinstein / staff photo)ITHACA, N.Y. — The Dryden man accused of killing a UPS driver in the parking lot of an Ithaca Walmart claimed in court Monday he believed he shot and killed President-elect Donald Trump. Schumacher was a seasonal UPS driver who had stopped to get something to eat during his overnight shift, according to Susan Rosenberg, a spokeswoman for the Atlanta-based package delivery company. Barkley was indicted last week in Tompkins County Court on felony counts of second-degree murder and menacing a police officer or peace officer. Judge John Rowley did not accept the plea following Barkley’s comments about Trump and adjourned the indictment to Jan. 6. Justin Barkley (Photo: Ithaca Police Department)If convicted, he faces a maximum penalty of 25 years to life in state prison. | WMT | {"N Y","Matt Weinstein","Est December","P M","The Ithaca"} | 1133 |
| Wal-Mart Balks at Paying $600-Million-Plus in Bribery Case | -41 | 2016-10-06 00:00:00 | You will now receive the Game Plan newsletter The Wal-Mart case has posed challenges for investigators, Bloomberg News reported in March. You will now receive the Business newsletter Politics The latest political news, analysis, charts, and dispatches from Washington. Officials are working to wrap up an agreement with Wal-Mart before a new administration takes over in January, the people said. Some of the people familiar with the matter said the U.S. could propose a penalty well above $600 million. Such a settlement would rank among the largest in four decades under a U.S. law against bribing foreign officials to obtain business. | WMT | {"More Stories Matt Robinson","Tom Schoenberg","More Stories Tom Schoenberg","Matt Robinson"} | 1134 |
| Walmart agrees to $7.5 million settlement in same-sex benefits lawsuit | -14 | 2016-12-03 00:00:00 | Walmart has agreed to a $7.5-million settlement related to a lawsuit claiming the company denied health benefits to same-sex spouses. It's estimated most have "potential damages ranging from hundreds of dollars to $15,000 for the value of the health insurance benefits that they were denied. "In addition to the payout, Walmart agrees "that in the future it will continue to treat same-sex and opposite-sex spouses equally in the provision of health insurance benefits. The retail giant, which denies the claims, OK'd the $7.5 million settlement, which would resolve a 2015 class action lawsuit brought by a former employee. Cote's lawsuit claimed Walmart violated the Civil Rights Act, the Equal Pay Act and the Massachusetts Fair Employment Practices Law. | WMT | {"Sean Rossman","Est December","P M"} | 1135 |
| Tracy Morgan case: Driver who hit limo pleads guilty | -14 | 2016-11-29 00:00:00 | Roper was driving a Walmart truck on the New Jersey Turnpike in Cranbury when it crashed into the vehicle carrying Morgan and others on June 7, 2014. Story highlights Kevin Roper was driving in June 2014 when he crashed into the vehicle carrying Tracy MorganRoper will enter at three-year pretrial intervention program(CNN) A former Walmart truck driver who crashed into a limousine carrying comedian Tracy Morgan and three others pleaded guilty Tuesday in a New Jersey court. "Mr. Roper entered a guilty plea to certain counts of the indictment pending against him, attorney David Glassman told CNN in a statement. Kevin Roper, 37, entered the plea to second-degree vehicular homicide and four counts of third-degree aggravated assault in Middlesex County Superior Court. Morgan was seriously injured and his friend, fellow comedian James "Jimmy Mack" McNair, was killed. | WMT | {"Kwegyirba Croffie"} | 1136 |
| Wal-Mart Probe in Final Lap With Scant China Findings | -40 | 2016-03-18 00:00:00 | China InterviewsOver the past several months, U.S. prosecutors have been questioning people about Wal-Mart’s China business in interviews in Texas, Washington and Virginia, where a grand jury was convened to consider criminal charges, the people said. In November 2011, Wal-Mart disclosed possible violations in Mexico to the Justice Department and Securities and Exchange Commission. Wal-Mart’s internal probe also put China last, two of the people said. Some of the questions have been about Wal-Mart’s acquisitions in China between 2007 and 2011, the people said. Wal-Mart associates allegedly provided favors to Chinese officials, such as entertainment and gifts, according to one person familiar with the U.S. investigation. | WMT | {"More Stories Shannon Pettypiece","Shannon Pettypiece","Tom Schoenberg","More Stories Tom Schoenberg"} | 1137 |
| U.S. probe on Wal-Mart finds little sign of bribery in China: Bloomberg | -11 | 2016-03-18 16:42:23+00 | REUTERS/Kim Kyung-HoonU.S. prosecutors investigating allegations of bribery by Wal-Mart Stores Inc (WMT.N) across the globe have found little evidence of corrupt practices in China, Bloomberg reported. Pedestrians walk past a signboard of Wal-Mart at its branch store in Beijing, China, October 15, 2015. (bloom.bg/1Mrx7mj)The U.S. Department of Justice has been conducting a years-long investigation into potential misconduct by Wal-Mart in some overseas markets, including China, Brazil, India and Mexico. The probe found few major offenses in Mexico, but has unearthed evidence of possible misconduct in Brazil, the Wall Street Journal reported in November. The investigation could be completed by the end of the year, Bloomberg said. | WMT | {"Reuters Editorial"} | 1138 |
| UPDATE 1-U.S. probe finds possible misconduct by Walmart in Brazil - WSJ | -19 | 2015-11-24 23:42:48+00 | (Adds Wal-Mart comment, details)Nov 24 A U.S. investigation into potential foreign bribery by Wal-Mart Stores Inc has unearthed evidence of possible misconduct by the company in Brazil, the Wall Street Journal reported, citing documents and people familiar with the matter. Prosecutors are also examining whether senior employees at Wal-Mart in Brazil at the time knew of and approved of the suspected payments. The focus on payments in Brazil marks a new development in a years-long investigation by the U.S. Department of Justice into potential misconduct by Wal-Mart in some overseas markets. In addition to Brazil, the department has been investigating potential violations of the Foreign Corrupt Practices Act by the retailer in China, India and Mexico. The report comes a month after the Wall Street Journal reported that a federal probe into allegations of corruption at Wal-Mart's Mexico operations found few major offenses and was likely to result in a much smaller case than initially expected. | WMT | {"Reuters Editorial"} | 1139 |
| US Watchdog Probes Walmart Practices In Brazil | -19 | 2015-11-25 06:10:52+00 | The team was investigating whether senior employees at Walmart in Brazil knew of and approved of the suspected payments. The investigation in Brazil is part of a three-year long investigation by the Department of Justice (DOJ) into potential misconduct by Walmart in some overseas markets. Walmart has also come under the DOJ scanner for possible violations of the Foreign Corrupt Practices Act in China, India and Mexico. “For Wal-Mart, compliance with the U.S. Foreign Corrupt Practices Act and other anticorruption laws is a key priority,” Hitt reportedly said. Walmart’s international operations have reportedly struggled recently due to a stronger dollar and tough economic conditions in emerging markets like China and Brazil. | WMT | {} | 1140 |
| U.S. Probe Finds Wal-Mart Bribed Officials in India, WSJ Says | -16 | 2015-10-19 00:00:00 | The Bentonville, Arkansas-based retailer is “cooperating fully” with the U.S. government on the matter and can’t comment further, Wal-Mart India spokesman Rajneesh Kumar said when contacted Monday. A three-year long investigation by the U.S. government found evidence Wal-Mart Stores Inc. paid bribes to local officials in India, the Wall Street Journal reported. You will now receive the Technology newsletter Pursuits What to eat, drink, wear and drive – in real life and your dreams. The world’s largest retailer in 2007 entered a supermarket joint venture with Bharti Enterprises only to see it split up in 2013, and Wal-Mart India has since then focused only on its wholesale business. You will now receive the Markets newsletter Technology Insights into what you'll be paying for, downloading and plugging in tomorrow and 10 years from now. | WMT | {"More Stories Adi Narayan","Adi Narayan"} | 1141 |
| Wal-Mart bribery probe finds few major offenses in Mexico: WSJ | -24 | 2015-10-19 08:14:03+00 | The Wal-Mart company logo is seen outside a Wal-Mart Stores Inc company distribution center in Bentonville, Arkansas June 6, 2013. (on.wsj.com/1GljEyS)As part of the same probe, investigators found evidence of bribery in India, centering on widespread but relatively small payments made to local officials, the Journal said. According to the Times, Wal-Mart sent investigators to Mexico City and found a paper trail of suspect payments totaling more than $24 million. Wal-Mart is likely to face U.S. foreign-bribery charges under the Foreign Corrupt Practices Act over those payments, the newspaper said. REUTERS/Rick WilkingA federal probe into allegations of corruption at Wal-Mart Stores Inc's (WMT.N) Mexico operations has found few major offenses, and is likely to result in a much smaller case than investigators expected, the Wall Street Journal reported, citing people familiar with the situation. | WMT | {"Reuters Editorial"} | 1142 |
| Sears, Target, Walmart, Macy's That Have Closed Stores in 2016 | -9 | 2016-04-22 10:38:39 | + READ ARTICLEBrightcove:We’re not yet into May, and already 2016 is proving to be another banner year for store closures. Add them all up, and it means there will be well over 2,500 store closures around the country in 2015 and 2016. Following Thursday’s announcement that dozens of Sears and Kmart stores are shutting down this summer, here’s a partial list of others stores that have closed or are closing their doors. Big-box, specialty, department, clothing retailers alike have been affected by the closures. Wet Seal : 500-plus: 500-plus Office Depot : 400: 400 Barnes & Noble : 223 (through 2017): 223 (through 2017) Walgreens : 200: 200 Children’s Place : 200 (through 2017): 200 (through 2017) Aeropostale : 175: 175 Walmart : 154: 154 Finish Line : 150: 150 American Eagle : 150 (through 2017): 150 (through 2017) Sports Authority : 140: 140 Sears/Kmart : 128: 128 Chico’s : 120 (through 2017): 120 (through 2017) Pier One : 100 (through 2017): 100 (through 2017) Sports Chalet : 48: 48 Macy’s : 40: 40 Gap/Gap Kids : 35: 35 Target : 13: 13 J.C. Penney: 7This post has been updated for clarity. | WMT | {"Alicia Adamczyk"} | 1143 |
| 'Walmart destroyed retail' | -7 | 2016-08-15 00:00:00 | "Walmart destroyed retail," retail consultant Jan Kniffen said on Monday on CNBC. The root of the problem, according to Kniffen, is that there are simply too many physical retail stores in the US. 1 in the retail industry today is Amazon, but the biggest threat as we know it didn't begin with the internet. Today, there are more than 5,000 Walmart and Sam's Club locations in the US alone. "As Walmart beat out other discount retailers like Gold Circle in 1988 and Venture Stores in 1998, the company expanded rapidly across the country. | WMT | {"Kate Taylor"} | 1144 |
| Walmart Fined For Fake 'Sugar Tax' On Coca-Cola Sales | -15 | 2014-09-17 00:00:00 | But rather than take corrective action when the error was brought to the company's attention by its customers, Walmart employees simply lied about it. When customers complained about the difference, Walmart employees remarkably told customers that the difference reflected New York's "Sugar Tax. However, when Walmart customers in the State of New York attempted to buy Coca-Cola products, they were charged $3.50, more than 15% over the sale price. This week, New York Attorney General Eric T. Schneiderman announced that the state reached a settlement with , Inc. (also known as Walmart) over false advertising claims. New York might have failed in its efforts to tax sugary sodas but that didn't keep retail giant Walmart from trying to tax it anyway. | WMT | {"Kelly Phillips Erb"} | 1145 |
| Why Mayors Should Run From Walmart | -13 | 2016-12-07 11:32:50+00 | "These systematic property tax challenges are part of a larger pattern of state and local tax avoidance by Wal-Mart," GJF noted. "Based on a national sample of Walmart stores and distribution centers as of the beginning of 2005, Walmart had filed assessment challenges at more than one-third of its facilities around the country. "Lawyers for the big box stores argue that operating stores should be assessed like similar-sized stores that have closed down. Good Jobs First estimated that Walmart had filed more than 2,100 property tax challenges nationwide. Her community is facing no less than 12 big box property tax appeals. | WMT | {"Www Twitter Com Sprawlbusters","Al Norman","Follow Al Norman On Twitter","Founder Sprawl-busters"} | 1146 |