Wal-Mart Effect
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Wal-Mart Effect
The American multinational retail chain Walmart has been criticized by many groups and individuals, such as labor unions and small-town advocates, for its policies and business practices, and their effects. Criticisms include charges of racial and gender discrimination,Kabel, Marcus.Walmart, Critics Slam Each Other on Web. ''The Washington Post''. July 18, 2006. Retrieved on July 31, 2006. foreign product sourcing, anti-competitive practices, treatment of product suppliers, environmental practices, the use of public subsidies, and its surveillance of its employees. The company has denied any wrongdoing and said that low prices are the result of efficiency. In 2005, labor unions created new organizations and websites to criticize the company, including Wake Up Walmart ( United Food and Commercial Workers) and Walmart Watch ( Service Employees International Union). By the end of 2005, Walmart had launched Working Families for Walmart to counter those groups. Efforts to counter ...
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Wal-Mart In Madison Heights
Walmart Inc. (; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores from the United States, headquartered in Bentonville, Arkansas. The company was founded by Sam Walton in nearby Rogers, Arkansas in 1962 and incorporated under Delaware General Corporation Law on October 31, 1969. It also owns and operates Sam's Club retail warehouses. Walmart has 10,586 stores and clubs in 24 countries, operating under 46 different names. The company operates under the name Walmart in the United States and Canada, as Walmart de México y Centroamérica in Mexico and Central America, and as Flipkart Wholesale in India. It has wholly owned operations in Chile, Canada, and South Africa. Since August 2018, Walmart held only a minority stake in Walmart Brasil, which was renamed Grupo Big in August 2019, with 20 percent of the company's shares, and p ...
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The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital subscribers. It also is a producer of popular podcasts such as '' The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national " newspaper of record". For print it is ranked 18th in the world by circulation and 3rd in the U.S. The paper is owned by the New York Times Company, which is publicly traded. It has been governed by the Sulzberger family since 1896, through a dual-class share structure after its shares became publicly traded. A. G. Sulzberger, the paper's publisher and the company's chairman, is the fifth generation of the family to head the pa ...
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Interstate 40 In Tennessee
Interstate 40 (I-40) is part of the Interstate Highway System that spans from Barstow, California, to Wilmington, North Carolina. In Tennessee, I-40 traverses the entirety of the state from west to east, from the Mississippi River at the Arkansas border to the northern base of the Great Smoky Mountains at the North Carolina border. At a length of , the Tennessee segment of I-40 is the longest of the eight states on the route, and the longest Interstate Highway in Tennessee. Sometimes known as "Tennessee's Main Street", I-40 passes through Tennessee's three largest cities—Memphis, Nashville, and Knoxville—and serves the Great Smoky Mountains National Park, the most visited national park in the United States. It crosses all of Tennessee's physiographical provinces and Grand Divisions—the Mississippi Embayment and Gulf Coastal Plain in West Tennessee, the Highland Rim and Nashville Basin in Middle Tennessee, and the Cumberland Plateau, Cumberland Mountains, Ridge-and-Val ...
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Asheville Global Report
The Asheville Global Report (AGR) is an American liberal independent media outlet based in Asheville, North Carolina. Between 1999 and May 2007, the AGR published a free weekly newspaper. The organization also produced radio programming and a television show, The Global Report, that aired on Free Speech TV and Public-access television cable TV channels throughout the US, including Asheville, Atlanta, Boone, Chapel Hill, Raleigh and dozens of other metropolitan areas. According to its website, the AGR's mission is to "cover news underreported by mainstream media, believing that a free exchange of information is necessary to organize for social change. Since its inception in 1999, the Asheville Global Report received several awards, including 10 Project Censored Awards. Additionally, the American Civil Liberties Union of Western North Carolina presented the AGR with its "Champion of Civil Liberties Award" and the ''Utne Reader'' has nominated the AGR for “Best International Coverag ...
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Arkansas Supreme Court
The Supreme Court of Arkansas is the highest court in the state judiciary of Arkansas. It has ultimate and largely discretionary appellate jurisdiction over all state court cases that involve a point of state law, and original jurisdiction over a narrow range of cases. The Supreme Court holds the power of judicial review, the ability to invalidate a statute for violating a provision of the Arkansas Constitution. It is also able to strike down gubernatorial directives for violating either the Constitution or statutory law. However, it may act only within the context of a case in an area of law over which it has jurisdiction. Established by Article Five of the 1836 Constitution, the Supreme Court was composed of three judges, to include a chief justice, elected to eight-year terms by the General Assembly. As later set by Act 205 of 1925, it consists of the Chief Justice of Arkansas and six associate justices.
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Chicago Sun-Times
The ''Chicago Sun-Times'' is a daily newspaper published in Chicago, Illinois, United States. Since 2022, it is the flagship paper of Chicago Public Media, and has the second largest circulation among Chicago newspapers, after the ''Chicago Tribune''. The modern paper grew out of the 1948 merger of the ''Chicago Sun'' and the ''Chicago Daily Times''. Journalists at the paper have received eight Pulitzer prizes, mostly in the 1970s; one recipient was film critic Roger Ebert (1975), who worked at the paper from 1967 until his death in 2013. Long owned by the Marshall Field family, since the 1980s ownership of the paper has changed hands numerous times, including twice in the late 2010s. History The ''Chicago Sun-Times'' claims to be the oldest continuously published daily newspaper in the city. That claim is based on the 1844 founding of the ''Chicago Daily Journal'', which was also the first newspaper to publish the rumor, now believed false, that a cow owned by Catherine O'L ...
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Chicago Tribune
The ''Chicago Tribune'' is a daily newspaper based in Chicago, Illinois, United States, owned by Tribune Publishing. Founded in 1847, and formerly self-styled as the "World's Greatest Newspaper" (a slogan for which WGN radio and television are named), it remains the most-read daily newspaper in the Chicago metropolitan area and the Great Lakes region. It had the sixth-highest circulation for American newspapers in 2017. In the 1850s, under Joseph Medill, the ''Chicago Tribune'' became closely associated with the Illinois politician Abraham Lincoln, and the Republican Party's progressive wing. In the 20th century under Medill's grandson, Robert R. McCormick, it achieved a reputation as a crusading paper with a decidedly more American-conservative anti-New Deal outlook, and its writing reached other markets through family and corporate relationships at the ''New York Daily News'' and the ''Washington Times-Herald.'' The 1960s saw its corporate parent owner, Tribune Company, rea ...
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Predatory Pricing
Predatory pricing is a Pricing strategies, pricing strategy, using the method of undercutting on a larger scale, where a Article 102 of the Treaty on the Functioning of the European Union#Dominance, dominant firm in an industry will deliberately reduce the prices of a product or service to loss-making levels in the short-term. The aim is that Article 102 of the Treaty on the Functioning of the European Union#Actual Competitors, existing or Article 102 of the Treaty on the Functioning of the European Union#Potential Competitors, potential competitors within the Industry (economics), industry will be forced to leave the market, as they are unable to effectively compete with the dominant firm without making a loss. Once competition has been eliminated, the dominant firm now having a majority share of the Market (economics), market can raise its prices to monopoly levels in the long-term to Recoupment, recoup its losses. The difference between predatory pricing and competitive pricing ...
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Absentee Landlord
In economics, an absentee landlord is a person who owns and rents out a profit-earning property, but does not live within the property's local economic region. The term "absentee ownership" was popularised by economist Thorstein Veblen's 1923 book of the same name, ''Absentee Ownership''. Overall, tax policy seems to favour absentee ownership. However, some jurisdictions seek to extract money from absentee owners by taxing land. Absentee ownership has sometimes put the absentee owners at risk of loss. In Ireland before 1903 Absentee landlords were a highly significant issue in the history of Ireland. During the course of 16th and 17th centuries, most of the land in Ireland was confiscated from Irish Catholic landowners during the Plantations of Ireland and granted to Scottish, Welsh and English settlers who were members of the established churches (the Church of England and the Church of Ireland at the time); in Ulster, many of the landowners were Scottish Presbyterians. Confi ...
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Mexico
Mexico (Spanish: México), officially the United Mexican States, is a country in the southern portion of North America. It is bordered to the north by the United States; to the south and west by the Pacific Ocean; to the southeast by Guatemala, Belize, and the Caribbean Sea; and to the east by the Gulf of Mexico. Mexico covers ,Mexico
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making it the world's 13th-largest country by are ...
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The Wal-Mart Effect
''The Wal-Mart Effect'' is a 2006 book by business journalist Charles Fishman, a senior editor at ''Fast Company'' magazine, which describes local and global economic effects attributable to the retail chain Walmart. In the book, Fishman writes that Walmart is arguably the world's most important privately controlled economic institution, and that the phrase "the Wal-Mart effect" is shorthand for a wide range of both positive and negative impacts on consumers resulting from how Walmart does its business. He describes these effects as including the suburbanization of the local shopping experience, the driving down of local prices for all everyday necessities, the draining of the viability of the traditional local shopping areas, a continual downward pressure on local wages, the consolidation of consumer product companies aiming to match Walmart's scale, a continual downward pressure on inflation, and a new and continual cost scrutiny at a wide range of businesses enabling them to su ...
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Cato Institute
The Cato Institute is an American libertarian think tank headquartered in Washington, D.C. It was founded in 1977 by Ed Crane, Murray Rothbard, and Charles Koch, chairman of the board and chief executive officer of Koch Industries.Koch Industries is the second largest privately held company by revenue in the United States. Cato was established to have a focus on public advocacy, media exposure and societal influence. According to the ''2020 Global Go To Think Tank Index Report'' (Think Tanks and Civil Societies Program, University of Pennsylvania), Cato is number 27 in the "Top Think Tanks Worldwide" and number 13 in the "Top Think Tanks in the United States". The Cato Institute is libertarian in its political philosophy, and advocates a limited role for government in domestic and foreign affairs as well as a strong protection of civil liberties. This includes support for lowering or abolishing most taxes, opposition to the Federal Reserve system and the Affordable Care Act, ...
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