Fred Buenrostro Jr. pleaded guilty in San Francisco federal court to fraud and bribery charges stemming from his time as chief executive of the California Public Employees' Retirement System from 2002 to 2008..» Read More
There is no clear evidence bribes were made to get a Wal-Mart store built built in Teotihuacan, near ancient pyramids in Mexico, reports CNBC's Michelle Caruso-Cabrera.
CNBC's Courtney Reagan reports on Wal-Mart's response to the New York Times article on the company's alleged bribery.
Whitney Tilson, T2 Partners, says the Netflix earnings report was "great news." He also weighs in on the alleged Wal-Mart scandal, currently under investigation.
CNBC's Michelle Caruso-Cabrera and Mary Thompson discuss the Wal-Mart investigation underway since the company got hit with bribery accusations in Mexico.
Analysts say as long as key U.S. same-store sales continue to grow, Wal-Mart could get a pass from investors, reports CNBC's Courtney Reagan.
Carter Worth, Oppenheimer chief market technician, explains whether a slide in Wal-Mart shares today signals a buying opportunity for investors.
The Wal-Mart corruption scandal is pushing the stock sharply lower today. CNBC's Eamon Javers offers insight from Washington.
CNBC's Scott Cohn discusses how the Foreign Corrupt Practices Act applies to Wal-Mart's alleged $24M in bribes to Mexican officials. Robert Shapiro, Sonecon chairman & co-founder, also weighs in.
"I have no idea how Wal-Mart operates but I do know how Mexico operates," former foreign minister Jorge Castaneda told CNBC's Squawk on the Street Monday.
The FMHR traders discuss whether China or Europe is a bigger concern for global investors amid weak PMI data. Also, does a pullback in Wal-Mart shares present a buying opportunity for investors? David Strasser, Janney Capital Markets retail analyst, weighs in.
CNBC's Michelle Caruso-Cabrera reports Wal-Mart's Mexican counterpart, Walmex shares are down more than 10% amid WMT's bribery probe, and a look at south of the border business practices, with William George, Harvard Business School professor.
Did Wal-Mart violate the Foreign Corrupt Practices Act? CNBC's Courtney Reagan reports on the allegations and its impact on the stock, with Gary Kaminsky, Capital Markets editor.
A first-hand look at American companies engaging in bribery overseas, with John Perkins, "Confessions of an Economic Hit Man" author, who discusses the widespread problem.
Jorge Castaneda, former Foreign Minister of Mexico and NYU professor, discusses the Wal-Mart bribery scandal and conducting business south of the border.
CNBC's Eamon Javers reports on Washington's views on the U.S. Foreign Corrupt Practices Act, amid Wal-Mart's Mexican bribery investigation, with Alexandra Wrage, TRACE International president.
Patrick McKeever, MKM Partners senior equity analyst, discusses the importance of the Mexican markets for Wal-Mart's growth and the impact the alleged scandal could have on the company's stock and executives.
CNBC's Michelle Caruso-Cabrera reports on the culture of doing business in Mexico, saying Wal-Mart is the largest private employer in Mexico and yet, barely any newspapers carried the story on the front page.
The Squawk on the Street team discusses the latest major headlines, including lower futures since concerns in Europe continue and how shares of Wal-Mart are faring since The New York Times reported the company is in the middle of an alleged bribery controversy.
The Squawk on the Street team report on the issues facing the Street ahead of Monday's open, and Jim Cramer weighs in on Wal-Mart's alleged bribery investigation in Mexico.
CNBC's Michelle Caruso-Cabrera and Scott Cohn provide the latest details on Wal-Mart's efforts to make a bribery case go away and the crackdown on foreign corruption. Also, a look inside Wal-Mart's culture, with CNBC's David Faber.