Wal-Mart suffers lowered profits due to food stamp cuts in the federal budget:
Wal-Mart Stores Inc forecast a lower full-year profit than analysts expect, as fewer food stamps, higher taxes and tighter credit erode its sales, news that sent its shares down 1 percent in premarket trading on Thursday. Ref. Source 7
Obama, at Wal-Mart, touts efficiency; angers labor
SAN JOSE, Calif. (AP) - President Barack Obama is promoting advances in energy efficiency as part of his broader campaign to confront climate change. He is drawing attention to the effort at a Wal-Mart store, angering labor and pay equity advocates. Ref. Source 8
Global protests target Walmart and 'world's richest' family, the Waltons:
Protesting Walmart workers are calling for the world's largest private employer and its owners - the Waltons - to provide "Decent wages and good jobs." The countries joining in the protests include United States, Canada, Mexico, India and Brazil. Ref. Source 5