Wal-Mart employees are due about $34 million in back wages and interest for unpaid overtime hours. The error was revealed by an internal audit and self-reported, Hillary Wicai reports.
British record group EMI is merging its American operations. They'll be run under the Capitol label, which means Virgin is out — along with hundreds of workers. Stephen Beard has details.
An Academy Award nomination is as much of a boost to the bottom line as it is the ego — maybe more. Daily Variety managing editor Michael Speier tells us how.
Citigroup has ousted exec Todd Thomson over his relationship with CNBC's Maria Bartiromo, but yesterday the network stood behind its star anchor, saying the assignment in question was legitimate.
Tuna fishing is such a lucrative business that some nations are ignoring quotas. And scientists warn if overfishing continues at this rate, some popular species will become extinct. Ashley Milne-Tyte reports.
Russian President Vladimir Putin was on hand to celebrate India's Republic Day. And to announce partnerships for developing fighter aircraft, exploring for oil and building nuclear reactors.
Would you pay to store stem cells from your newborn's umbilical cord, just in case? British entrepreneur Richard Branson wants to start a company that offers just such a service. Stephen Beard reports.
Wealthy and well-intentioned philanthropists are changing the face of global health care, but not necessarily to a greater good. Council on Foreign Relations senior fellow Laurie Garrett explains how the world is missing the big picture.