FTC chair touts ‘huge win for American workers' after Walmart agrees to $100M settlement over driver pay [FOX Business Network]
Walmart Inc. (WMT)
Last walmart inc. earnings: 2/18 06:00 am
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Source: FOX Business Network
Walmart has agreed to a $100 million judgment to settle allegations that it deceived delivery drivers about their pay and tips, the Federal Trade Commission announced Thursday — a move FTC Chair Andrew Ferguson touted as "a huge win for American workers." "We had been investigating Walmart and its representations that it was making to its delivery drivers that millions of Americans use all across the country, and the consumers who are using the delivery services, about how much delivery drivers were going to be paid, whether the entirety of your tip was actually going to go to drivers, which is what Walmart was telling both drivers and consumers," Ferguson told "Varney & Co." "What we concluded in our investigation is that… Walmart was misrepresenting both how much drivers were going to get paid and where tips were going, both to drivers and consumers, and that meant that drivers were denied millions and millions of dollars that they thought they were going to get when they signe
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News
- Earnings To Watch: Target (TGT) Reports Q4 Results Tomorrow [Yahoo! Finance]Yahoo! Finance
- Inside Costco's plan to open more warehouse stores [Yahoo! Finance]Yahoo! Finance
- Does Walmart Have a Durable Competitive Advantage? [Yahoo! Finance]Yahoo! Finance
- Costco members saddened over discontinued items [Yahoo! Finance]Yahoo! Finance
- More Retail Earnings Ahead: A Closer Look [Yahoo! Finance]Yahoo! Finance
WMT
Earnings
- 2/19/26 - Beat
WMT
Sec Filings
- 2/27/26 - Form 4
- 2/27/26 - Form 4
- 2/27/26 - Form 144
- WMT's page on the SEC website