business news in context, analysis with attitude

• At Walmart's annual shareholder meeting last week, at which stars like Hugh Jackman and Tom Cruise made guest appearances CEO Mike Duke tried to put a positive spin on the company's labor policies by highlighting employees who, he said, illustrate how much opportunity the company offers.

"No company provides more opportunity to more people to go from where they are to where they want to be than Walmart," Duke said. "Associates join Walmart for so many different reasons. When it comes to our careers, what we all have in common is that we started somewhere. What matters most is that we get the chance to go as far as hard work and talent will take us."
KC's View:
There apparently has been no progress made - or at least, no conclusions worth mentioning - in Walmart's internal probe into allegations of bribery of foreign officials.

Apparently, the wagons are not yet in a tight enough circle.