Wal-Mart names new U.S. CEO amid slumping sales

Wal-Mart names new U.S. CEO amid slumping sales: CHICAGO (Reuters) - Wal-Mart Stores Inc on Tuesday named Bill Simon to run its U.S. discount stores, which have struggled with sluggish sales as their core customer continues to be pressured by high unemployment. Wal-Mart is a Dow-Jones IA enlisted company. Its shares are traded on CFD market.

Oil spill: Obama to 'make BP pay'

Oil spill: Obama to 'make BP pay': President Obama vows to 'make BP pay' for the Gulf oil spill, and says the US must end its fossil fuel 'addiction'.