business news in context, analysis with attitude

Reuters reports that "more than 50 people demanding better wages for Wal-Mart workers in a protest organized by a union activists were arrested outside the retailer's store in the Chinatown section of Los Angeles on Thursday night … Glen Arnodo, staff director of the Los Angeles County Federation of Labor, which organized the demonstration, said the intent was to draw attention to what he said was Wal-Mart's role in income inequality."

CNN reports that the two winners of Walmart's "Get On The Shelf" contest, which guaranteed that the successful applicants would be stocked by and possibly in some of the company's bricks-and-mortar stores, are a company that makes bedding with Elvis Presley's image, and a company that makes customized silicon wrist bands.

According to the story, "Wal-Mart said thousands of inventors, entrepreneurs and small businesses participated in this year's challenge. They sent in video submissions of inventions, ranging from interactive pajamas to a GPS tracker for your pets. The top 20 finalists -- chosen through an online vote -- pitched their products in person to Wal-Mart's merchandising team.

"Five winners were selected, and their products were made available for purchase on The two products with the most pre-orders were selected as the grand prize winners."
KC's View: