New York (CNNMoney) - Wal-Mart said it will go forward with plans to open stores in Washington D.C. now that the capital's mayor has vetoed legislation that would require large retailers to pay higher wages.
Mayor Vincent Gray on Thursday overturned a new law, which would have required big box stores like Wal-Mart to pay no less than $12.50 an hour in combined wages and benefits. The city's current minimum wage is $8.25.FULL STORY
New York (CNNMoney) - For employers who rely on unpaid interns, it's been the summer of reckoning.
Hundreds of interns have filed lawsuits or raised complaints over working long hours for free. But one group of former interns is sidestepping the courtroom and going straight to the White House to fight for fair compensation.FULL STORY
New York (CNNMoney) – Las Vegas Sands Corp said it "likely" violated the federal Foreign Corrupt Practices Act, which prohibits American companies from bribing foreign officials.
In a regulatory filing, the Las Vegas Sands Corp., run by controversial Republican party donor Sheldon Adelson, also admitted that the company was under investigation by the Department of Justice and the Securities & Exchange Commission for violating the international bribery law.FULL STORY
New York (CNNMoney) - North Face seems to have become a clear favorite of the Republican presidential ticket lately.
Both Mitt Romney and Paul Ryan have been spotted on the campaign trail sporting the easily recognizable jackets from the popular outdoorsy brand, which sell for $150 to $170 each.
Watch CNN's coverage of Tuesday's presidential debate starting at 7 p.m. ET on CNN TV, CNN.com and via CNN's apps for iPhone, iPad and Android. Web users can become video editors with a new clip-and-share feature that allows them to share favorite debate moments on Facebook and Twitter. Click here for 13 reasons to watch the debate only on CNN.FULL STORY