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1 Feb 2007, 8:45 pm
They escaped the controversy surrounding Wal-Mart Stores' attempt to establish a Utah-based industrial bank. [read post]
1 Feb 2007, 11:38 am
Interesting front-page story in today's Wall Street Journal: Wal-Mart Cuts Taxes by Paying Rent to Itself; Other Retailers, Banks Use Loophole in Rules to Lower States' Levies, by Jesse Drucker:As the world's biggest retailer, Wal-Mart Stores Inc. pays billions of... [read post]
28 Jan 2007, 8:31 pm
Damian Paletta, writing in Friday's The Wall Street Journal, reports that the FDIC "is considering a plan to extend the moratorium [on applications for Utah Industrial Loan Companies] for a year so they and lawmakers can study the issue further. [read post]
21 Jan 2007, 8:36 pm
Following closely on the heels of last week's post on Colorado legislation, Friday's The Wall Street Journal (paid subscription required) describes pending legislation of several states, including Colorado, Kansas, Nebraska, Maine and Texas, that would "preempt" any attempt by Wal-Mart to spread the virus of big retailer retail banking within their borders, should the FDIC approve Wal-Mart's pending application to acquire a Utah Industrial Loan… [read post]
18 Jan 2007, 7:51 am
Congratulations to Paul Secunda, who today was named Wall Street Journal Online's Law Blog Law Professor of the Day for his accurate forecast and lightening-fast analysis of the Fourth Circuit's decision striking the Wal-Mart Bill as preempted by ERISA. [read post]
17 Jan 2007, 11:48 am
From the way it lay on the rack the gun barrel was pointed in the general direction of the glass wall. [read post]
14 Jan 2007, 12:30 pm
Looks like Wal-Mart is not going to be the only big box retailer fighting a massive gender discrimination class action. [read post]
9 Jan 2007, 8:24 am
The annual sales of Wal-Mart exceed the gross domestic product of Sweden, and by similar measure 52 of the largest 100 economies in the world in 2002 were corporations. [read post]
4 Jan 2007, 4:00 am
Yesterday's Wall Street Journal describes Wal-Mart's new system for scheduling workers, which is flexible for the company but certainly not for workers: Wal-Mart, using a new computerized scheduling system, will start moving many of its 1.3 million workers from predictable... [read post]
8 Dec 2006, 12:31 pm
Allied Glove] More asbestos frauds in the Wall Street Journal. [read post]
6 Dec 2006, 10:01 am
It seems that Wall Mart and Publisher's Clearing House are sending out checks to international lottery sweepstakes winners by the hundreds. [read post]
4 Dec 2006, 10:30 pm
In perception-over-reality Washington, D.C., Wal-Mart appears to be intent on pushing down the wall between banking and commerce wherever it is provided the opportunity to do so, with mucho gusto. [read post]
28 Nov 2006, 3:51 pm
Already this week, the Wall Street Journal has reported on Wal-Mart's plans to expand in India through a joint venture with Bharti Enterprises Ltd. [read post]
17 Nov 2006, 7:11 pm
The artist who created Wall Street's famed "Charging Bull" statue has filed a copyright suit against Wal-Mart Stores Inc., North Fork Bancorp and others over their use of images of the bull. [read post]
14 Nov 2006, 3:09 am
[Point of Law; Wall Street Journal] "I can see why, if you're sitting in a roomful of lawyers, you might come to that conclusion. [read post]
9 Nov 2006, 11:20 pm
Cook said the American banking sector has enshrined the separation of banks and retail companies since after the Wall Street crash of 1929. [read post]
25 Oct 2006, 12:17 am
Page One of Monday's The Wall Street Journal (paid subscription required) featured a story on the strange bedfellows who conspired joined forces to derail the Wal-Mart express on its way to ILC heaven in Utah. [read post]
17 Oct 2006, 10:34 am
James Covert’s article, entitled, “Wal-Mart Loses Pennsylvania Suit on Rest Breaks,” may be found on page A4 of the October 13, 2006 edition of the Wall Street Journal. [read post]