business news in context, analysis with attitude

  • Reports in the Mexican media say that Wal-Mart has been ordered by the government there to stop construction of a new store that activists have claimed is too close to the archaeological site of Teotihuacan, near the Pyramid of the Sun, and thus likely to damage historical artifacts and ruins.

    As of this posting, Wal-Mart has not responded to the government order.

  • Wal-Mart reportedly is ready to sign a deal that will have it procuring more than $2 billion (US) worth of product from India.

  • One of the amazing things about the Internet is the fact that it is the fastest conduit of jokes known to man…and that it has gained a kind of humor stature in the mainstream media.

    Take for example the widely circulated joke about possible names for new, inexpensive wines that Wal-Mart plans to market…a joke that has been circulated on the Internet for months, but finally found its way into the Cleveland Plain Dealer over the weekend”

    The Top 10 Names for Wal-Mart Wine:

    10. Big Red Gulp
    9. Grape Expectations
    8. Merlot Haggard
    7. NASCARbernet
    6. Chef Boyardeaux
    5. Peanut Noir
    4. Chateau Traileur Parc
    3. I Can't Believe It's Not Vinegar!
    2. World Championship Riesling
    1. Nasti Spumante

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