WALMART FINED $4.8 MILLION FOR FAILURE TO PAY OVERTIME

Wal-Mart has agreed to pay $4.8 million in back pay and damages after an investigation by the U.S. Department of Labor found that the company avoided paying certain employees overtime by incorrectly considering them exempt from overtime requirements. The back wages will affect nearly 3,700 employees and range from $290 to $2300 each.  Martinne Geller, Reuters