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Wal Mart Stores Inc

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  • Ikea raises minimum wage for US workers 2nd year in a row Wednesday, 24 Jun 2015 | 12:05 AM ET

    Starting Jan. 1, Ikea's average minimum hourly wage will increase to $11.87, which is $4.62 above the current federal wage and marks a $1.11 increase, or 10 percent, from this year's average minimum pay. The pay raise comes as several retailers, including Wal-Mart Stores Inc., have announced wage hikes and other incentives to attract workers and to stay...

  • June 23- Wal-Mart Stores will begin charging fees to almost all vendors for stocking their items in new stores and for warehousing inventory, raising pressure on suppliers as the world's largest retailer battles higher costs from wage hikes. The changes are aimed at bringing "consistency to the collection of allowances related to the growth of our business...

  • CHARLESTON, S.C., June 23- Prominent U.S. flag makers said on Tuesday they will stop manufacturing and selling Confederate battle flags in the wake of last week's attack on worshipers at a black church in Charleston, South Carolina. Reggie VandenBosch, vice president of sales at the privately owned Valley Forge Flag, said the Pennsylvania- based company came to the...

  • *Retailers including Amazon and Wal-Mart stop selling flag. COLUMBIA, S.C., June 23- An initiative to remove the Confederate flag from the South Carolina State House grounds picked up steam on Tuesday, a week after the massacre of nine black church members, and criticism over the emblem long associated with slavery spread to other U.S. southern states.

  • SAN FRANCISCO, June 23- Google Inc joined Amazon.com Inc and eBay Inc on Tuesday in pulling Confederate flag merchandise from their shopping site, following brick and mortar retailers in reacting to last week's racially motivated mass shooting at a historic black South Carolina church. Wal-Mart Stores Inc and Sears Holdings Corp on Monday banned sales of...

  • Facebook valuation highlights S&P 500 power shift Tuesday, 23 Jun 2015 | 6:17 PM ET
    Facebook

    Facebook is now more valuable than Wal-Mart, which highlights a wider power shift at the top of the S&P 500 index.

  • SAN FRANCISCO, June 23- Amazon.com Inc and eBay Inc on Tuesday announced they were pulling Confederate flag merchandise from their websites, following other retailers reacting to last week's racially motivated mass shooting at a historic black South Carolina church. Wal-Mart Stores Inc and Sears Holdings Corp on Monday banned sales of products bearing the...

  • *Fast-track legislation clears Senate procedural hurdle. *Senate vote of 60-37 shows solid support base. On Wednesday, the Senate was likely to vote to grant Obama the power to speed trade deals through Congress, including his Trans-Pacific Partnership.

  • Green Dot and Sonic are big market movers Tuesday, 23 Jun 2015 | 4:51 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:. Green Dot Corp., up $6.21 to $21.52. The bank holding company signed a five-year extension to serve as Wal-Mart Stores Inc.' s prepaid debit card products program.

  • NEW YORK, June 23- U.S. stocks ended with slight gains on Tuesday, with the Nasdaq eking out another record close while investors continued to await clarity on whether Greece could reach a deal to prevent defaulting on its loans. Greece needs fresh funds to avoid defaulting on a $1.8 billion debt repayment to the International Monetary Fund on June 30.

  • NEW YORK— Big retailers said they would start to pull Confederate flags, and merchandise bearing the flag, from their store shelves and websites this week. The announcements come as debate over the flag's symbolism was reignited following last week's shooting deaths of nine black church members in South Carolina. These retailers have announced bans of the...

  • The Valley Forge Flag Co., based in Wyomissing, Pennsylvania, on Tuesday joined companies including Wal-Mart, Amazon and eBay in banning the flag following the killings last week of nine black people at a historic black church in Charleston, South Carolina. Valley Forge's decision came as a growing chorus of civil rights and political leaders called for...

  • Target, Amazon pull Confederate goods from websites Tuesday, 23 Jun 2015 | 3:11 PM ET
    Confederate flag

    Confederate flag sales spike as Wal-Mart, Sears, eBay, Target and Amazon drop the products in the wake of the massacre at a black church in Charleston.

  • SAN FRANCISCO, June 23- Amazon.com Inc became the latest big retailer to decide to pull Confederate flag merchandise from its website, a source told Reuters on Tuesday, just hours after eBay Inc said it would take similar action after last week's racially-motivated massacre at a historically black South Carolina church. A search on online auction site eBay's...

  • The online retailer's move follows similar decisions by EBay Inc, Wal-Mart Stores Inc and Sears Holdings Corp in the wake of a racially-motivated massacre last week at a historically black South Carolina church.

  • CHARLESTON, S.C., June 23- One of the most prominent U.S. flag makers said on Tuesday it will stop manufacturing and selling Confederate flags in the wake of last week's attack on worshipers at a black church in Charleston, South Carolina. Reggie VandenBosch, vice president of sales at the privately owned Valley Forge Flag, said the Pennsylvania- based company came...

  • Senate vote of 60-37 shows solid support base. WASHINGTON, June 23- President Barack Obama's quest for a Pacific Rim trade deal to strengthen U.S. ties with Asia advanced on Tuesday, with the Senate moving toward a final vote on granting Obama the power to speed trade agreements through Congress. That just barely satisfied the 60- vote threshold needed after two...

  • SAN FRANCISCO, June 23- Online auction site eBay Inc said on Tuesday it will ban Confederate flags and related items containing the flag's image from its website as it had become a "contemporary symbol of divisiveness and racism." The decision comes after Wal-Mart Stores Inc and Sears Holdings Corp said they would stop selling products bearing the Confederate...

  • June 23- U.S. stocks were little changed in early afternoon trading, having trimmed earlier gains after comments from Federal Reserve Governor Jerome Powell that the economy could be ready for interest rate increases twice this year. The Nasdaq Composite index touched a record high earlier in the session, while the S&P 500 was less than seven points away from...

  • EBay bans sales of Confederate flag on its site Tuesday, 23 Jun 2015 | 1:01 PM ET

    NEW YORK— Calling it a "contemporary symbol of divisiveness and racism," eBay said Tuesday that it will ban the sale of Confederate flags and similarly themed merchandise. "This decision is consistent with our long-standing policy that prohibits items that promote or glorify hatred, violence and racial intolerance," said eBay spokeswoman Johnna Hoff.