WASHINGTON— Smith& Wesson has agreed to pay $2 million to settle civil charges of bribing government officials in Pakistan, Indonesia and other countries to win military and police business. Smith& Wesson Holding Corp., based in Springfield, Massachusetts, neither admitted nor denied wrongdoing.» Read More
CNBC's Eamon Javers reports on Bristol-Meyers receiving a subpoena from the SEC. Also, Avon Group's Vice President Kerry Carr is resigning amid allegations of a bribery in China.
CNBC's Michelle Caruso-Cabrera reports on the latest details of the alleged bribery scandal.
Take our poll and and let us know which, if any, of these scenarios you would bribe your way out of.
The elephant in the room in the wake of the Wal-Mart spacer fiasco is whether we should accept, cover-up or no cover-up, the concept of bribes, graft and outright corruption as simply a way of doing business abroad? Herb Greenberg examines.
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.