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Walmart’s Bumpy Day: From Wage Increase to Store Closings

Walmart’s Bumpy Day: From Wage Increase to Store Closings

A Walmart employee in Fulton, N.Y., stocking shelves last year. The retailer said Thursday that it would use some of the money it expects to save under the recently passed tax bill to pay for wage increases and enhanced benefits.

They’re Falsely Accused of Shoplifting, but Retailers Demand Penalties

They’re Falsely Accused of Shoplifting, but Retailers Demand Penalties

“I didn’t feel like I had a prayer,” said Crystal Thompson of Eight Mile, Ala., whom Walmart accused — mistakenly, an employee later acknowledged — of shoplifting about $70 in groceries. A lawyer for Walmart threatened a lawsuit if she didn’t pay $200.

Thiel Makes a Bid for Gawker.com, a Site He Helped Bankrupt

Thiel Makes a Bid for Gawker.com, a Site He Helped Bankrupt

Peter Thiel financially backed a 2016 lawsuit against Gawker Media that led to the company’s sale at a bankruptcy auction. The buyer, Univision, abandoned the website, which has remained static since 2016.

How Profiteers Lure Women Into Often-Unneeded Surgery

How Profiteers Lure Women Into Often-Unneeded Surgery

Jerri Plummer, who lives in Arkansas, had her vaginal mesh implant removed after a caller who knew her medical history said it was defective. Now she is suing the surgeon, the law firm that advised her to have the surgery and the lender that funded it.

Facebook Is Creepy. And Valuable.

Facebook Is Creepy. And Valuable.

Mark Zuckerberg, the chief executive of Facebook, testified before Congress last week in hearings about the company’s handling of user data.

With Two Suitors for Fox, the Murdochs Consider Next Steps

With Two Suitors for Fox, the Murdochs Consider Next Steps

Rupert Murdoch, with his wife, Jerry Hall, has agreed to sell much of 21st Century Fox’s assets to the Walt Disney Company. But Comcast has made an offer that complicates the situation.

As Chinese Investors Panic Over Dubious Products, Authorities Quash Protests

As Chinese Investors Panic Over Dubious Products, Authorities Quash Protests

Some frustrated investors gathered Monday to protest outside the Central Commission for Discipline Inspection in Beijing. Some were dragged off by the police, while others were shoved onto buses leaving the city.

Car Tuneups That Require Audio Engineers

Car Tuneups That Require Audio Engineers

Elliot Scheiner, a music producer and car audio specialist, with his son Matt. The high-end audio system bearing Elliot Scheiner’s initials, the ELS Studio 3D, is available in the 2019 Acura RDX crossover.

Future of MoviePass Is in Doubt After Service Outage, Experts Say

Future of MoviePass Is in Doubt After Service Outage, Experts Say

MoviePass, a subscription-based service for movie theater tickets, was forced to borrow $5 million last week after it said it could not pay its bills.

Sprint and T-Mobile Are Said to Be Close to a Merger to Compete at the Top

Sprint and T-Mobile Are Said to Be Close to a Merger to Compete at the Top

Sprint, controlled by Masayoshi Son’s SoftBank, has long lagged behind the two titans of American wireless, Verizon and AT&T, each of which has more subscribers than Sprint and T-Mobile combined.


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