Wal-Mart buys online movie company Vudu

Wal-Mart announced on Monday that it plans to buy broadband entertainment provider Vudu. The deal would give the world's biggest retailer the ability to sell movies directly through TVs and Blu-ray players over the Internet.» E-Mail This     » Add to Del.icio.us

Wal-Mart said it will buy broadband entertainment provider Vudu, a deal that gives the retailer the ability to sell movies directly through TVs and Blu-ray players over the Internet.

AP - Wal-Mart Stores Inc. says it will buy broadband entertainment provider Vudu, a deal that gives the world's biggest retailer the ability to sell movies directly through TVs and Blu-ray players over the Internet.

The Wal-Mart executive at the center of a scandal over bribery in Mexico resigned Tuesday from his position on the boards of insurers MetLife, Inc and Metropolitan Life Insurance Company, Metlife said.Metlife said Eduardo Castro-Wright, the vice chairman of Wal-Mart Stores, resigned from the two insurers' boards effective immediately "due to personal reasons."The Wall Street Journal's MarketWatch website cited the resignation letter Castro-Wright wrote as saying he wanted to focus on "protecting my good name and business reputation."

[AP] - Wal-Mart Stores Inc. says one of its key executives, Eduardo Castro-Wright, will retire in 2012. The nation's largest retailer announced Tuesday that 56-year-old Wright will retire from his role as vice chairman and CEO of its global ecommerce and global sourcing business in July.

(Reuters) - Emb