WAL-MART

Wal-Mart in India Deal is Off: PM Manmohan Singh Backs Off Foreign Retailers Plan

Shopping carts are seen outside a new Walmart Express store in Chicago
India has retracted its plan to allow foreign retail chains like Wal-Mart and Britain's Tesco to open in the country, according to multiple reports. The reversal comes less than two weeks after the global business sector and the Indian government heaped praise on the original deal to let foreign retailers into India to jolt the country's economy and lower prices for farmers and consumers.
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Dr. Conrad Murray blows a kiss to an unidentified member of the courtroom audience after he was sentenced to four years in county jail for his involuntary manslaughter conviction of pop star Michael Jackson

Jackson Doctor Gets 4 Years in Jail, No Probation

Michael Jackson's personal physician, Dr. Conrad Murray, on Tuesday was sentenced to four years in jail and denied probation for his conviction on a charge of involuntary manslaughter in the pop star's death.
Prince Harry of Wales

Prince Harry Leaves US, Returns to England

Prince Harry of Wales' time in the United States has ended. The member of the British Royal Family and active duty member of the British Navy has finished his training stint in Arizona and is headed home to England.
Supermarket

Government Fails to Break Deadlock on Retail Reform

Prime Minister Manmohan Singh failed to break an impasse with opposition parties and his own political allies demanding a rollback of a reform allowing foreign supermarket giants to enter the country's $450 billion market.
IBTimes Logo

Black Friday Online Sales Jump 26%: comScore

Online retail sales in the United States on the post-Thanksgiving shopping day known as Black Friday jumped 26 percent this year, led by Amazon.com Inc, comScore said on Sunday.
Supermarket Chain

FDI in Retail: Who Will Gain -- Giant U.S. Stores or Poor Indian Farmers?

Political parties and leaders who oppose the move should study and understand realities in India and support and augment the actions needed to ensure that the decision is implemented in the right manner. If executed in the right way, it is certainly the step ahead in developing the much desired rural infrastructure and also keeping inflation in check, writes Bhaskar Prasad.
Black Friday shoppers cross 34th Street outside Macy's in Herald Square in New York

Black Friday Violence at Target and Walmart: Frenzied Shoppers in 2011 [VIDEOS]

Black Friday shopping became a deadly holiday pastime on Friday when a West Virginia man was pronounced dead after he collapsed in a Target followed by a stampede of shoppers. More violence erupted nationwide as other major retailers with Black Friday deals, like Walmart, opened their doors. Here are some of the worst videos of frenzied shoppers getting violent on Black Friday across the web.

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