Market Moves
Is the Big US Retail Sales Number Temporary?
Wells Fargo wonders about the surge’s staying power, citing Walmart’s blah coming-year guidance.
Tag: Walmart
Risk
Canadian Pension Fund Sues Walmart over Alleged Role in Opioid Crisis
Lawsuit claims retail giant failed to prevent opioid prescriptions from flowing into ‘illicit channels.’
Pensions
Tesla and Walmart Under Pension Fund Fire on Board Pay and Opioid Sales
The automaker has been sued by the Detroit Police and Fire retirement system over big payouts, and the retailer by the Detroit plan and a Norfolk County (Mass.) plan on how it distributes the drug.
Newsmakers
CalSTRS to Put Pressure on Gun Retailers
New plan would force Kroeger, Walmart to pull firearms from shelves or face divestment.
Pensions Regulator in Talks with Sainsbury’s over Asda Merger
Sainsbury CEO says proposed £7.3 billion merger ‘strengthens’ pension covenant.
