CNBC's David Faber takes a look at how the world’s largest retailer has re-invented itself.
Did Wal-Mart's Mexican division orchestrate a campaign of bribery to grab market dominance? Jeffrey Sonnenfeld, Yale School of Management weighs in on the investigation.
Jacob Frenkel, former SEC enforcement attorney, discusses the consequences Wal-Mart could face following allegations it tried to cover up a 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.
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 investigates whether new leadership, aggressive green policies and a full-scale store overhaul signify real change for Walmart.
Below is the statement released by Walmart Saturday in response to the report in the New York Times on the alleged action Walmart took in a bribery case in Mexico.
Confronted with evidence of widespread corruption in Mexico, top Wal-Mart executives focused more on damage control than rooting out wrongdoing, reports The New York Times.
The $24 million in illicit payments Wal-Mart has been accused of making in Mexico amount to roughly two hours’ revenue. But the allegations could become a huge issue for the world's largest retailer.
"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.
Removing some of those involved in the alleged bribery or cover-up could make it easier to reach an out-of-court settlement with the Justice Department, say experts.
Whether you are the world's No. 1 retailer or a humble street vendor, paying public officials a bribe may be the quickest way to get your business growing in Mexico.
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Corruption is a major issue with the potential to stunt economic growth and scare away investment. Which major countries are perceived as the most corrupt?