Yum, McDonald's apologize as new China food scandal hits

(Reuters) - Yum Brands Inc YUM.N and McDonald's Corp MCD.N are facing a new food safety scare in China, denting the fast-food companies' efforts to shore up reputations and businesses that were hurt by a 2012 safety scandal in one of their biggest markets.

For companies, a rocky road ahead in emerging markets

(Reuters) - International companies are taking steps to mitigate the effects of the turmoil in emerging markets, including hedging foreign currency exposure more aggressively, reducing some investment plans, cutting costs, and raising prices frequently.

Wal-Mart Yearly Meeting Follows a Narrow Script

FAYETTEVILLE, Ark. — There were two Wal-Marts on display at the company’s shareholder meeting on Friday: the one Wal-Mart presented, and the one some investors and activists were complaining about.

Wal-Mart may get customers to deliver packages to online buyers

SAN FRANCISCO: Wal-Mart Stores Inc is considering a radical plan to have store customers deliver packages to online buyers, a new twist on speedier delivery services that the company hopes will enable it to better compete with Amazon.com Inc.

Wal-Mart warns of weak sales throughout quarter

Wal-Mart said sales were slow at the start of the month and warned they would remain sluggish throughout the February to April quarter.

US lawmakers: Wal-Mart CEO knew of Mexico bribe claim

WASHINGTON/CHICAGO: US lawmakers increased public pressure on Wal-Mart Stores Inc on Thursday by releasing company emails they said contradicted prior statements about when senior executives knew of bribery allegations tied to its Mexican affiliate.

Best Buy stock gets slammed by buyout bid delay

Shares of the troubled electronics retailer Best Buy (BBY, Fortune 500) cratered Friday morning, after its board of directors gave founder Richard Schulze more time to shore up financing for his buyout bid.

Companies squeezing in dividends to avoid ‘fiscal cliff’

For shareholders of companies trying to get ahead of tax hikes at the end of the year, this December will include an especially big Christmas gift.

Wal-Mart sales slow as customers feel the pinch

Sales growth at Wal-Mart has fallen short of market expectations, with the world's biggest retailer saying customers are feeling the pinch.

Wal-Mart drops Amazon’s Kindle tablets and e-readers from stores

Wal-Mart Stores, the nation's largest retailer, said Thursday it was dropping Amazon's Kindle tablets and e-readers, a sign of how seriously it views Amazon as a competitor in the consumer goods market.

Wal-Mart profit up despite slowing international growth

(Reuters) - Wal-Mart Stores Inc's full-year profit may miss Wall Street expectations as growth slows in international markets, pressuring the world's largest retailer even as its U.S. discount stores continue to rebound.

Looking beyond the Wal-Mart bribery case

In a case that continues to reverberate across borders, Wal-Mart Stores, the world’s largest retailer, announced recently it has started its own probe into allegations that executives at its Mexican operations made hundreds of illegal payments — worth more than $24 million — to help expedite the opening of new stores.

Wal-Mart increases stake in Chinese e-commerce firm

SHANGHAI: Wal-Mart Stores Inc said on Monday it has reached an agreement to raise its stake in a Chinese e-commerce firm, Yihaodian, to around 51 per cent as the world's largest retailer aims to boost its presence in China's fast growing consumer market.