Wal-Mart, long criticized for its low wages and employee benefits, said it would spend more than $1 billion to increase pay for half a million U.S. employees this year. The increase announced by the ...
BENTONVILLE, Ark. — Wal-Mart Stores Inc. is hoping its decision to boost workers’ paychecks will help it boost its bottom line. The nation’s largest private employer announced on Thursday that it’s ...
NEW YORK — Wal-Mart’s second-quarter earnings report was a mixed bag: Its investments to overhaul its stores are helping to perk up sales, but they’re causing more pain to the bottom line than ...
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