This is what’s in the news for Tuesday, April 24, 2012.Walmart, the largest private employer in Mexico, continues to be investigated for bribing Mexican officials to allow their rapid expansion into the country. A new Projection of the future of Social Security predicts funds will run out in 2033, 3 years earlier than previous predictions– due to an increase in retirement and a bad economy. The associated press reports that Fitch Ratings Company has raised Ford’s rating from junk to investment, a green light that the auto company is almost back from their near financial crash. And, finally, in an almost 200 page amendment to the deal by which Facebook Acquires Instagram, it was stated that almost 23 million shares of common stock in Facebook and $300 million dollars will be exchanged as payment.
