Labor & Economic News Blog
Tuesday, October 18, 2005
Wal-Mart to Start Equity Fund to Help Diversify Its SuppliersBy MICHAEL BARBARO
Wal-Mart Stores, which is fighting the nation's largest sex discrimination lawsuit, will set up a $25 million private equity fund to support businesses owned by women and members of minority groups over the next five years, the retailer said yesterday.
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