Wal-Mart to Pay $34 Million as Part of Overtime Settlement
BENTONVILLE, Ark. -- Wal-Mart Stores, Inc. said yesterday it will pay $34 million to certain current and former employees as part of a settlement agreement with the U.S. Department of Labor over the way in which the company calculates overtime pay. The agreement has been filed in federal district court and is subject to the court's approval.