Business

Bloomberg said shareholder advisory firms Institutional Shareholder Services Inc and Glass Lewis & Co are calling out on how Wal-Mart Stores Inc had been handling allegations of corporate bribery in its overseas stores and its executive compensation.

The Federal Trade Commission yesterday recommended in a report that lawmakers should consider enacting measures that would allow consumers to have access to information obtained by data brokers, Bloomberg said.

The probe on the global car parts price-fixing and bid-rigging scheme by the US Justice Department is touted to be the biggest antitrust investigation by the department, and the Australian reported that it has yet to be resolved as another Japanese executive has been charged for his involvement in the scheme.