Then there were two - Johnson and Hunt fight for British PM job

LONDON (Reuters) - Brexit campaigner Boris Johnson and Jeremy Hunt, once an opponent of leaving the European Union who has now promised to exit with a deal, are the final two in the race to replace Prime Minister Theresa May.

Despite a series of scandals in the past and criticism about his attention to detail, Johnson has dominated the race since May announced a month ago that she would step down after failing to get her Brexit deal ratified by parliament.

In a fifth and final ballot of Conservative lawmakers, which eliminated Environment Secretary Michael Gove, Johnson was again way out in front: he won 160 out of 313 votes against Hunt’s 77. One ballot paper was rejected.

Johnson, 55, who served as London mayor for eight years, has cast himself as the only candidate who can deliver Brexit on Oct. 31 while fighting off the electoral threats of Nigel Farage’s Brexit Party and Jeremy Corbyn’s Labour Party.

https://www.reuters.com/article/uk-britain-eu-leader/then-there-were-two-johnson-and-hunt-fight-for-british-pm-job-idUSKCN1TL0XU

Walmart agrees to pay $138 million to settle Brazil unit corruption claim

WASHINGTON (Reuters) - Walmart Inc has agreed to pay a penalty of $138 million to settle a claim that its Brazilian unit violated the Foreign Corrupt Practices Act, according to court filings.

The settlement was reached on Thursday in a federal court in Virginia.

The Justice Department launched an investigation against the retailer after a series of New York Times articles in 2012 described bribes that Walmart allegedly paid in Mexico to obtain permits to build stores there, which was a violation of the Foreign Corrupt Practices Act.

The matter spurred a wide-reaching Justice Department investigation of Walmart employee behavior across the globe, including in Brazil, China and India.

In 2017, Walmart set aside nearly $300 million to settle charges with the U.S. government over international bribery allegations.

By August 2018, the company said it had spent about $900 million on legal fees and other costs stemming from the investigation, including a global overhaul of its internal compliance system.

In 2018, the retailer sold an 80 percent stake in its Brazilian operations to private equity firm Advent International.

Walmart did not immediately respond to requests for comment.

https://www.reuters.com/article/us-walmart-fcpa/walmart-agrees-to-pay-138-million-to-settle-brazil-unit-corruption-claim-idUSKCN1TL27J

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Notable

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baker If it's not known already this is from 2012