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Lawmakers Claim Wal-Mart Knew of Bribery Allegations

Congressional Democrats claimed that Wal-Mart CEO Mike Duke and other company leaders appear to have known about bribery allegations regarding a store near Mexican pyramids in 2005, contrary to what the retailer stated last month.

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Found more than 1 month ago on channel Wall Street Journal

Lawmakers: Wal-Mart CEO knew of Mexico bribe claim

WASHINGTON/CHICAGO - Lawmakers on Thursday released emails that appeared to show Wal-Mart Chief Executive Mike Duke knew as far back as 2005 of allegations that company representatives had bribed Mexican officials.

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Found more than 1 month ago on channel Reuters

Wal-Mart seen facing sizeable fines in U.S. bribery probe

WASHINGTON - Wal-Mart Stores may be facing sizeable fines related to allegations of widespread bribery at its Mexican affiliate, after a second report from the New York Times provided more details about the scope of the potential misconduct.

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Found more than 1 month ago on channel Reuters

Wal-Mart Positions Itself Ahead Of Holiday Shopping

Wal-Mart is thriving despite the shaky economy, protests from union supporters and allegations of bribery at its Mexican unit. The company's stock price hit an all-time high Wednesday, and holiday layaway sales are off to a sizzling start. It's also introducing a low-cost, pre-paid debit card.

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Found more than 1 month ago on channel NPR

Santander's Mexican Unit Rises in IPO Debut

U.S.-listed shares of Banco Santander's Mexican unit edged higher in their public trading debut, in what was the biggest listing to hit U.S. exchanges since Facebook in May.

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Found more than 1 month ago on channel Wall Street Journal