Walmart on Thursday reported higher profits, but offered a weak forecast for the months ahead. The problem? The poor and middle-class Americans Walmart caters to -- and who are big drivers of U.S. spending -- are struggling with rising gas prices, delayed tax refunds and higher payroll taxes.
Walmart is making a bold promise to hire every veteran who wants to work there. The world's largest retailer and the nation's largest private employer says it projects it will hire more than 100,000 veterans in the next five years.
Wal-Mart's U.S. Apparel chief Dottie Mattison has resigned, the latest in a string of high-level departures announced or slated to take place at the company since its new U.S. CEO was announced in late June.