S. Robson Walton

Two US lawmakers probing bribery allegations against Walmart in Mexico say they have documents suggesting the US retail giant may also have engaged in tax evasion and money laundering.

Walmart chairman Robson Walton vowed Friday that the world's largest retailer would not tolerate corrupt acts, in the wake of a scandal about bribes the company allegedly paid in Mexico.

Microsoft founder Bill Gates topped the Forbes magazine list of the 400 richest Americans on Thursday as Facebook's Mark Zuckerberg leapfrogged Apple's Steve Jobs in the rankings.

Microsoft founder Bill Gates topped the Forbes magazine list of the 400 richest Americans on Thursday as Facebook's Mark Zuckerberg leapfrogged Apple's Steve Jobs in the rankings.

Wal-Mart Stores will offer 100 toys for $10 during holiday season. Wal-Mart Stores Inc., the world's largest retailer, said Wednesday it will offer more than 100 toys at $10 during the key holiday season.

Wal-Mart chairman warns of lethargic economic recovery, eyes growth in China and India. The chairman of Wal-Mart Stores Inc. warned Wednesday the global economic recovery will likely be lethargic, even as the retailing behemoth sees great growth potential in China and India.