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3M realigns business structure
3M has announced a realignment of its major business groups to better serve global markets and customers, effective immediately.
The new structure will be comprised of five business groups: Consumer (2011 sales of $4.2 billion), Industrial ($9.6 billion), Health Care ($5.0 billion) and two newly formed business groups: Safety & Graphics ($5.5 billion), and Electronics & Energy ($5.7 billion). Previously, the company operated six segments.
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Wal-Mart sued yet again for alleged gender discrimination
Nashville, Tenn. -- Wal-Mart Stores Inc. is facing its third regional gender bias lawsuit since the Supreme Court rejected a nationwide class action filed by female workers in California and Texas.
Three female employees sued Wal-Mart in federal court in Tennessee on Tuesday, claiming discrimination against female workers in the company’s Region 43 which consists of Tennessee and parts of Alabama, Arkansas, Georgia and Mississippi.