Wal-Mart responds to report saying it squashed Mexico bribery probe

Wal-Mart Stores Inc., the world’s biggest retailer, said it’s investigating how it got a license for a store in Mexico as the New York Times reported its local unit bribed an official to change a zoning map.

WASHINGTON (Reuters) - U.S.

FAYETTEVILLE, Arkansas (Reuters) - Top executives of Wal-Mart Stores Inc made no mention of a Mexican bribery scandal at an employee pep rally on Wednesday, but asked their international workers to focus on "integrity" as a core value. The world's largest retailer has been under fire from shareholders and activists after the New York Times reported in April that management at Wal-Mart de Mexico , or Walmex, allegedly orchestrated bribes of $24 million to help it grow quickly last decade and that Wal-Mart's top brass tried to cover it up. ...

CHICAGO/MEXICO CITY (Reuters) - Wal-Mart Stores Inc lost $10 billion of its market value on Monday on concer

By GMI Ratings: Wal-Mart Stores, Inc. (WMT) confirmed this week that a previously disclosed investigation into bribery at its overseas units expanded into markets including Brazil, China and India.

WASHINGTON (Reuters) - U.S.

(Reuters) - Wal-Mart Stores Inc will try to get investors' minds back on business and away from a Mexican

(Reuters) - Allegations that Wal-Mart Stores Inc stymied an internal investigation into extensive bribery at