business news in context, analysis with attitude

• The Associated Press this morning reports that the US Consumer Product Safety Commission is disputing Wal-Mart’s allegation that toy animals it pulled from its shelves earlier this month contained too-high levels of lead.

Wal-Mart did its own tests before pulling the items, and then provided the results to the government, which now says that the leads levels were not at unsafe levels.

Wal-Mart is not commenting on the discrepancy, but did note that while other retailers may sell the animals, they will remain off Wal-Mart’s shelves.

• The Wall Street Journal this morning reports that Wal-Mart “is seeking to block public access to certain court documents in a tax dispute with North Carolina state authorities.”

The move comes a week after the WSJ had a page one story detailing Wal-Mart various strategies aimed at reducing its state tax exposure.

KC's View: