New Orleans Walmart has announced that over a half-million of its workers will get a raise to $9 now and up to $10 sometime in 2016 at the cost of one-billion dollars. This is good news, so I won’t remind people of the Pinocchio stories the company has told for years about its so-called average …
Tag: WalMart
Continuing Confusion on Companies and Affordable Care: Walmart Example
New Orleans Reading continuing reports on the number of people seeking coverage directly in the marketplace or through their employers under the Affordable Care Act makes it clear in many fundamental ways, people still don’t get some of the dimensions of the healthcare contradictions. Nothing made the case for this argument more conclusively than a …
Walmart Business Model Crashing and the False Claims of Foreign Direct Investment
http://chieforganizer.org/wp-content/uploads/2014/07/wadesworldjuly4.mp3Podcast: Play in new window | DownloadSubscribe: Apple PodcastsKiln Walmart may be the largest company in the United States in terms of gross sales, but mounting evidence indicates that its business model is collapsing. The company seems in a near state of panic as return on investment dips and quarterly returns drag consecutively lower. In …