Gig Economy & Retail Stores
Mattel, the maker of Barbie dolls and Hot Wheels cars, is recalling nearly one million toys in the United States today because the products' surfaces are covered in lead paint. According to Mattel, all the toys were made by a contract manufacturer in China.
Three former top officers of Buca Inc., an operator of Italian restaurants, have agreed to plead guilty to federal fraud charges in connection with a scheme to create false profits for Buca and allow executives to steal hundreds of thousands of dollars to pay for a wide range of expenses including the use of an Italian villa and visits to strip clubs.
A battle over Wal-Mart Stores Inc.'s effort to get into financial services might derail the growth of company-owned banks, as well as Utah's ambitions to become to such lenders what Delaware is to corporations.
A new shopping complex in Ohio will try to combine the convenience of online stores with the hands-on experience of browsing at a mall.
Walgreen Co. has agreed to pay $35 million to settle allegations that it improperly switched customers to more expensive forms of pills paid for by Medicaid, the government health care program for the poor.
One of Wal-Mart Stores Inc.'s most vociferous critics launched a campaign Tuesday with 17 current and former Wal-Mart workers speaking out against health insurance coverage they claim is too expensive, leaving them uninsured or on taxpayer funded programs.
The drop in U.S. demand for high-end jewelry in a slumping economy is having ripple effects around the globe as stores close, workers are laid off in mass in the diamond-polishing factories of Gujarat, and countries like Botswana experience a dramatic drop in diamond revenue.
In Los Angeles, workers from six factories who sewed for the popular women's clothing line Forever 21 are calling for an official boycott. The workers are owed hundreds of thousands of dollars in minimum wage and overtime pay. They worked long hours in unsafe and unsanitary conditions. And, some of the workers were fired for speaking out about the poor conditions.
Wal-Mart said it will build the stores in neighborhoods with high crime or unemployment rates, on sites that are environmentally contaminated, or in vacant buildings or malls in need of revitalization.