How a Small Change at Walmart Could Send 9 Million Students to College

Is it a good idea for America to send qualified, yet underprivileged and lower-income students, to college? The answer is indisputable: yes.

Wal-Mart, Don’t Discount the Power of Teachers

The following guest post is from Amber Rain Chandler, a teacher in western New York.

“The opposite direction” from better corporate governance

How did Walmart’s leaders respond to the myriad employees, investors, and proxy advisors urging the company to strengthen corporate governance standards by establishing an independent board chairman? Why, by entrenching Walton control of the company, of course, appointing director Greg Penner as the board’s vice chair and setting him up to succeed his father-in-law Rob Walton as chairman of the company.

Walmart Workers Lead Candle-Lit March to Walmart Heir’s Estate in Lead Up to Shareholders’ Meeting

OUR Walmart momsLast night, more than 100 Walmart workers and their community supporters gathered in Phoenix, Arizona, for a town hall meeting on the growing inequality that impacts all of us in this country.

Friday headline roundup

Wal-Mart Board Criticized by ISS; More Independence Needed on Pay and Handling of Bribe Probe, ISS Says (Wall Street Journal, 5/26/2014)

Institutional Shareholder Services Inc., which advises big shareholders like mutual funds how to vote on corporate ballots, is concerned the company hasn’t disclosed which, if any, of its executives might be found culpable in an investigation into alleged bribery overseas. ISS also said it is troubled by a string of adjustments to pay targets and plans that together have the effect of insulating executives’ pay somewhat from the consequences of Wal-Mart’s declining performance. The recommendations are unlikely to have much practical effect given the Walton family’s control over the company. But they do highlight the recent challenges Wal-Mart is facing. The retailer recently reported its fifth straight quarterly decline in U.S. sales and said there is more weakness to come. It is struggling in international markets as well.