Walmart Inc. (WMT)
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Walmart has agreed to a $100 million settlement with the FTC over allegations that it misled delivery drivers about their pay and tips in its Spark program. This move highlights ongoing scrutiny of gig economy practices and raises questions about transparency in compensation. The settlement could impact Walmart's reputation and operational practices moving forward.
Latest News
| Title | Published |
|---|---|
These 2 Dividend Kings Just Declared Dividend Raises It's a good year when it kicks off with distribution bumps from famous businesses. | about 7 hours ago |
More Retail Earnings Ahead: A Closer Look More Retail Earnings Ahead: A Closer Look | about 8 hours ago |
More Retail Earnings Ahead: A Closer Look Several notable retailers headline the reporting docket next week, a list that includes Target, Best Buy, Costco, Macy's, and more. Concerning retail performance so far, total Q4 earnings for those that have reported are up +6.9% year-over-year on +8.6% higher revenues. | about 8 hours ago |
Walmart FTC Settlement Reshapes Driver Pay Transparency And Delivery Economics Walmart FTC Settlement Reshapes Driver Pay Transparency And Delivery Economics | about 10 hours ago |
Walmart FTC Settlement Reshapes Driver Pay Transparency And Delivery Economics Walmart (NasdaqGS:WMT) agreed to a $100 million settlement with the Federal Trade Commission and 11 states. The case centers on allegations that Walmart misled delivery drivers about pay and tips in its driver program. The settlement includes new oversight measures intended to increase transparency and fairness in driver compensation. For you as an investor following Walmart, this development touches a core part of its delivery and e commerce services that sit alongside its large brick and... | about 10 hours ago |
Target: I'm Waiting For Q4 Results Before Making A Move (Downgrade) | about 14 hours ago |
Walmart to pay $100M to settle claims it misled delivery drivers Walmart to pay $100M to settle claims it misled delivery drivers | about 14 hours ago |
These 2 Dividend Kings Just Declared Dividend Raises
It's a good year when it kicks off with distribution bumps from famous businesses.
More Retail Earnings Ahead: A Closer Look
More Retail Earnings Ahead: A Closer Look
More Retail Earnings Ahead: A Closer Look
Several notable retailers headline the reporting docket next week, a list that includes Target, Best Buy, Costco, Macy's, and more. Concerning retail performance so far, total Q4 earnings for those that have reported are up +6.9% year-over-year on +8.6% higher revenues.
Walmart FTC Settlement Reshapes Driver Pay Transparency And Delivery Economics
Walmart FTC Settlement Reshapes Driver Pay Transparency And Delivery Economics
Walmart FTC Settlement Reshapes Driver Pay Transparency And Delivery Economics
Walmart (NasdaqGS:WMT) agreed to a $100 million settlement with the Federal Trade Commission and 11 states. The case centers on allegations that Walmart misled delivery drivers about pay and tips in its driver program. The settlement includes new oversight measures intended to increase transparency and fairness in driver compensation. For you as an investor following Walmart, this development touches a core part of its delivery and e commerce services that sit alongside its large brick and...
Target: I'm Waiting For Q4 Results Before Making A Move (Downgrade)
Walmart to pay $100M to settle claims it misled delivery drivers
Walmart to pay $100M to settle claims it misled delivery drivers