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Wal-Mart: Loss from bribery probe likely
Bentonville, Ark. -- Wal-Mart Stores Inc. revealed in a Tuesday SEC filing that it will most likely incur a loss from bribery probes into its operations in Mexico and other countries.
According to the filing, Wal-Mart said it expects to incur costs beyond the $157 million it spent on the probes in 2013, but didn’t elaborate on the amount or the size of the potential loss.
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GBT Realty launches construction on Village on Pooler Parkway
Nashville, Tenn. -- GBT Realty Corp. said Wednesday it has closed on the purchase of approximately 20 acres along Pooler Parkway in Pooler, Ga., for the development of the Village on Pooler Parkway. The development will consist of more than 143,000 sq. ft. when completed in the first quarter of 2014.