News & Opinion

  • Chief Executive Officer of Wal-Mart China Greg Foran attends a news conference in Beijing

    U.S. retailer Wal-Mart Stores Inc (WMT) has appointed a new chief executive for the China region, where the world's largest retailer is battling stiff competition from local rivals. Sean Clarke, a Wal-Mart veteran and current chief operating officer in China, will take over the China CEO role from June 1, a statement from …

  • Asian shares, dollar struggle on Ukraine anxiety Reuters - 1 hour 23 minutes ago
    Man looks at an electronic board displaying Japan's Nikkei average and various countries' stock indices outside a brokerage in Tokyo

    Asian stocks struggled on Friday, as fears of an escalating Ukraine crisis eclipsed upbeat U.S. economic data and robust U.S. tech shares. U.S. Secretary of State John Kerry said on Thursday that time was running out for Moscow to change its course in Ukraine. MSCI's broadest index of Asia-Pacific shares outside Japan …

  • A Google logo is seen at the garage where the company was founded on Google's 15th anniversary in Menlo Park, California

    Four major tech companies including Apple and Google have agreed to pay a total of $324 million to settle a lawsuit accusing them of conspiring to hold down salaries in Silicon Valley, sources familiar with the deal said, just weeks before a high profile trial had been scheduled to begin. Tech workers filed a class action …

  • Seattle stymied in efforts to raise minimum wage Associated Press - 2 hours 15 minutes ago
    Seattle stymied in efforts to raise minimum wage

    Highlighting the contentious debate around raising the minimum wage to $15 an hour in a supportive city, Seattle Mayor Ed Murray said Thursday that no agreement has been reached among business and labor ...

  • JetBlue Airways logo is displayed on a monitor in Terminal 5 at JFK International Airport in New York

    Flight attendants at JetBlue Airways are pushing for a vote on whether to unionize, marking a second organizing effort at the formerly non-union airline after pilots authorized joining a union on Tuesday. The flight attendants are working with the Transport Workers Union of America (TWU) to sign authorization cards that …

  • Flags of European Union member states fly in front of the European Parliament building in Strasbourg

    Britain may lose its challenge to stop plans by 11 euro zone countries to tax financial transactions when the European Union's top court rules next week, lawyers said on Thursday. Britain is challenging an EU decision allowing the group of EU members to push ahead with their plans to tax stock, bond and derivatives trades …

  • Court filing says ship in Texas spill was speeding

    The owner of a tugboat that collided with a ship last month, dumping nearly 170,000 gallons of oil into the Houston Ship Channel, claims in court filings the ship was speeding and being operated in a reckless ...

  • Postal workers' unions protest Staples program Associated Press - 3 hours ago
    Postal workers' unions protest Staples program

    Postal workers in cities big and small protested in front of Staples stores on Thursday, objecting to the U.S. Postal Service's pilot program to open counters in stores, staffed with retail employees. ...

  • Japan's Finance Minister Taro Aso speaks during a semi-annual parliament hearing on monetary policy in Tokyo

    Japanese Finance Minister Taro Aso said on Friday that consumer price data released earlier showed that things are proceeding well in Japan's efforts to shake off deflation. Aso, speaking to reporters, also said month-on-month gains may be more important than annual gains after the government raised the national sales …

  • Vermont ups the ante on genetically modified foods

    Vermont has raised the stakes in the debate over genetically modified foods by becoming the first state to pass a bill requiring that they be labeled as such in the grocery aisle, making the move despite ...

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