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Wal Mart Stores Inc

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  • Facebook now worth more than Wal-Mart on stock market Tuesday, 23 Jun 2015 | 11:20 AM ET

    NEW YORK— Facebook is now bigger than Wal-Mart, at least when it comes to its value on the stock market. Facebook Inc. was valued at $238 billion at the close of trading Tuesday, according to FactSet. Wal-Mart Stores Inc. was valued at $234 billion.

  • NEW YORK— U.S. stocks are closing with a small gain as investors wait for a deal between Greece and its creditors. Greece faces defaulting on its debt without new loans. U.S. stocks are little changed in early afternoon trading Wednesday as investors wait for a deal between Greece and its creditors.

  • Wal-Mart to stop selling Confederate flag items Tuesday, 23 Jun 2015 | 8:09 AM ET
    A customer exits a Wal-Mart store in Washington.

    Wal-Mart said Monday it is removing any items from its store shelves and website that feature the Confederate flag.

  • Ahead of the Bell: Green Dot extends Wal-Mart deal Tuesday, 23 Jun 2015 | 7:48 AM ET

    NEW YORK— Green Dot Corp. will continue serving as program manager for Wal-Mart Stores Inc.' s suite of prepaid and reloadable debit card products under a new long-term deal. Pasadena, California- based Green Dot is a bank holding company offering personal banking through prepaid cards and mobile checking. Last year it worked with Wal-Mart on the retailer's...

  • Early movers: BBRY, DRI, T, TAP, SONC & more Tuesday, 23 Jun 2015 | 7:43 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • President Barack Obama' s signature Pacific trade pact faces another test in the Senate on Tuesday as legislation needed to close the deal returns for a second run through the chamber. Although the measure passed the Senate a month ago on a vote of 62-37, including backing from 14 Democrats, some may withdraw support. It took two attempts to pass this same...

  • June 22- Wal-Mart Stores Inc and Sears Holdings Corp said they would stop selling products bearing the Confederate flag, a week after a white gunman shot nine dead at a historically black South Carolina church. A Wal-Mart spokesman said the company does not want to offend anyone with the products it offers. Wal-Mart's website still showed the flag and other...

  • June 22- Wal-Mart Stores Inc and Sears Holdings Corp said they would remove products bearing the Confederate flag from their stores and websites, a week after a white gunman shot nine dead at a historically black South Carolina church. A Wal-Mart spokesman said the company does not want to offend anyone with the products it offers. Wal-Mart's website still...

  • BENTONVILLE, Arkansas— Wal-Mart said Monday it is removing any items from its store shelves and website that feature the Confederate flag. In a statement, Bentonville, Arkansas- based Wal-Mart Stores Inc. said its goal is to not offend anyone with the products it offers. A search Monday of Wal-Mart's website for Confederate flag merchandise returned no results.

  • After-hours buzz: Sonic, Green Dot & more Monday, 22 Jun 2015 | 5:46 PM ET
    A trader works on the floor of the New York Stock Exchange.

    Check out the companies making headlines after the bell Monday: Sonic, Green Dot, Williams Cos & more.

  • June 22- Green Dot Corp, a U.S. issuer of prepaid MasterCard and Visa cards, said it renewed an agreement which would keep it as the issuing bank for Wal-Mart Stores Inc's prepaid reloadable debit cards for five years. The renewed term started from May 1 and Green Dot Corp and Green Dot Bank would continue as program manager and issuing bank for Walmart MoneyCard.

  • The HUGE number you should know, but don't Monday, 22 Jun 2015 | 3:24 PM ET

    Taxpayers sent a record $3 trillion to the federal government last year. Why isn't this a bigger deal?

  • Global brands stretched by India's food safety record Saturday, 20 Jun 2015 | 10:30 PM ET

    TALOJA, India/ MOGA, India, June 21- At a McDonald's plant outside Mumbai, 200 workers walk through air dryers and disinfectant pools, then get to work making the day's 25,000 patties from chicken painstakingly sourced in a country with one of the world's worst food safety records. India's tainted water, patchy cold storage network and a retail sector made up of tiny...

  • Shipping costs may put retail on the naughty list Friday, 19 Jun 2015 | 12:17 PM ET
    A UPS worker delivers packages in Chicago, Dec. 26, 2013.

    Cowen and Company analyst Oliver Chen calculated how significantly reported shipping increases would hurt retailers' gross margins.

  • Here are some ways you can soon pay with your phone Friday, 19 Jun 2015 | 10:32 AM ET

    SAN FRANCISCO— Big tech companies are competing to help you pay for a store purchase with your phone. How it works: Apple Pay lets you pay by placing an iPhone 6 or 6 Plus, or Apple Watch, next to a store device equipped for near-field communication signals. A few chains like Wal-Mart are resisting Apple Pay while an industry group works on an alternative.

  • SAN FRANCISCO— The tech industry has been saying for years that smartphones would make traditional wallets obsolete. That includes payments with Apple Pay, other services like PayPal and apps from merchants like Starbucks and Dunkin' Donuts. While that's a tiny slice of the $4.3 trillion spent in stores overall last year, eMarketer expects mobile payments...

  • BEIJING, June 19- China will allow full foreign ownership of some e-commerce businesses, aiming to encourage foreign investment and the development and competitiveness of the industry, the Ministry of Industry and Information Technology said on Friday. China's e-commerce industry has been booming, with companies like Alibaba Group Holding Ltd and JD.com...

  • A cultural war that could be a jobs killer Thursday, 18 Jun 2015 | 11:00 AM ET
    Demonstrators gather at Monument Circle to protest a controversial religious freedom bill recently signed by Governor Mike Pence, during a rally in Indianapolis March 28, 2015. More than 2,000 people gathered at the Indiana State Capital Saturday to protest Indiana?s newly signed Religious Freedom Restoration Act saying it would promote discrimination against individuals based on sexual orientation.

    In CNBC's 2015 Top States for Business study, the sentiment of business seems to be clear: Corporate America is calling for equality.

  • June 17- Wal-Mart Stores Inc has built a network of 78 subsidiaries and branches in 15 offshore tax havens to minimize taxes on its operations outside the United States, said a report by tax reform advocacy group Americans for Tax Fairness released on Wednesday. Wal-Mart, the world's largest retailer, has assets worth at least $76 billion through shell...

  • June 17- Wal-Mart Stores Inc has built a network of 78 subsidiaries and branches in 15 offshore tax havens to minimize taxes on its operations outside the United States, a report by tax reform advocacy group Americans for Tax Fairness said. Walmart owns at least $76 billion in assets through shell companies domiciled in Luxembourg and the Netherlands, the...