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  • *Record tides cause major flooding in New Jersey, Delaware. NEW YORK/ WASHINGTON, Jan 23- A monster blizzard that has paralyzed the U.S. East Coast intensified on Saturday afternoon as it barreled into New York City, prompting a travel ban on area highways as high winds whipped up record-setting tides in New Jersey and Delaware. New York Governor Andrew Cuomo...

  • Administrative Law Judge Geoffrey Carter said in a ruling posted on the board's website that the U.S. retailer violated labor law by "disciplining or discharging several associates because they were absent from work while on strike." The ruling was hailed by one labor group as a "huge victory" for employees, although Wal-Mart indicated it would likely appeal the...

  • WASHINGTON/ NEW YORK, Jan 20- Senate Agriculture Committee Chairman Pat Roberts has asked for a full explanation from the U.S. Commodity Futures Trading Commission for an accounting error that led auditor KPMG to withdraw nearly a decade of financial opinions about the agency's accounts. The request comes after Reuters exclusively reported on Tuesday that...

  • Jan 15- Wal-Mart Stores Inc is merging an Arkansas- based division that develops computer systems for its stores with a fast-growing technology unit in Silicon Valley, aiming to hasten its move to compete in the online era. To them, it's just Walmart or Sam's Club, " Neil Ashe, head of the company's e-commerce division, said in an internal memo to staff seen by Reuters.

  • Wal-Mart merges tech teams in online push Friday, 15 Jan 2016 | 5:05 PM ET

    Jan 15- Wal-Mart Stores Inc is merging an Arkansas- based division that develops computer systems for its stores with a fast-growing technology unit in Silicon Valley, aiming to hasten its move to compete in the online era. To them, it's just Walmart or Sam's Club, " Neil Ashe, head of the company's e-commerce division, said in an internal memo to staff seen by Reuters.

  • Jan 15- Wal-Mart Stores Inc said on Friday that it would pull the plug on its smallest store format, Walmart Express, and close 269 locations as it contends with higher costs in its home market of the United States and disappointing results overseas. The move includes Wal-Mart's largest-ever single culling in the United States, where the company is closing 154...

  • HARRISBURG, Pa., Jan 7- Wal-Mart Stores Inc, the world's largest retailer, faces a lawsuit in Pennsylvania claiming store employees negligently allowed an underage, intoxicated customer to buy a box of bullets later used to commit three murders. The lawsuit, filed in Philadelphia by families of the victims, seeks compensatory and punitive damages from Wal-Mart...

  • Ameren Corp's Callaway plant in Missouri and Entergy Corp's Arkansas Nuclear One in Russellville, Arkansas, have not been affected by heavy rains and no impact is predicted, the regulator said. Plants in the vicinity of the Mississippi River, such as Grand Gulf in Mississippi, and River Bend and Waterford in Louisiana, all operated by Entergy, are also not likely...

  • *Wheat almost flat, market eyes U.S. weather; corn eases. Wheat was largely unchanged as the market was torn between concerns over adverse weather for U.S. soft red winter wheat and abundant world supplies. Wheat lost around a fifth of its value last year.

  • SINGAPORE, Jan 4- Chicago wheat kicked off the new year with modest gains as prices were underpinned by short-covering and concerns about the U.S. weather after the grain market suffered deep losses in 2015. Corn and soybeans was largely unchanged in early Asian trade. *Chicago Board of Trade March wheat gained 0.2 percent to $4.70-3/ 4 a bushel by 0120 GMT on...

  • U.S. says its Internet speeds triple in 3-1/2 years Wednesday, 30 Dec 2015 | 9:00 AM ET

    The FCC says video accounts for more than 60 percent of U.S. Still, the United States only ranks 25 out of 39 nations in 2013, according to the FCC. It said the United States was behind many countries including France, Canada, Germany and Japan-- but ahead of Brazil, Chile, Mexico, and Israel.

  • *Wheat firms for first time in six sessions. Wheat rose nearly 0.5 percent, firming for the first in five sessions, while corn edged lower for a sixth consecutive session to hover close to a near one-month low. Corn is under pressure amid bearish fundamentals and Argentina's currency devaluation and export tax cuts.

  • State-level Medicare brawls reflect wider GOP war Sunday, 27 Dec 2015 | 3:50 PM ET
    Healthcare health care

    Many Republican governors support expanding coverage through the ACA, a law that members of Congress from their party want to see fail. NYT reports.

  • NEW YORK, Dec 21- JPMorgan Chase& Co has agreed to pay $150 million to resolve a securities fraud lawsuit by investors suing the bank over its "London Whale" trading scandal, which caused a $6.2 billion loss. Shareholders accused JPMorgan of knowingly hiding increased risks at the Chief Investment Office, including on an April 13, 2012, conference call when...

  • *House, Senate pass $1.8 trillion bill, Obama signs it. WASHINGTON, Dec 18- Brushing aside concerns about deepening the budget deficit, U.S. lawmakers approved $1.8 trillion worth of federal spending and tax breaks on Friday in a rare case of bipartisan action after years of damaging fiscal fights in Congress. "I think the system worked" this time, President Barack...

  • WASHINGTON, Dec 18- Brushing aside concerns about deepening the budget deficit, U.S. lawmakers approved $1.8 trillion worth of federal spending and tax breaks on Friday in a rare show of bipartisan cooperation after years of damaging fiscal fights in Congress. The Senate voted 65-33 to approve sweeping legislation that averted a government shutdown, locked...

  • Dec 18- Wal-Mart Stores Inc said on Friday that Tony Rogers would replace Stephen Quinn as its marketing head in the United States. Rogers, who was most recently chief marketing officer for Wal-Mart in China, has been with the retailer for a decade. Before that he was with the marketing division at PepsiCo Inc's Frito-Lay business.

  • WASHINGTON, Dec 18- Brushing aside concerns about deepening the budget deficit, U.S. lawmakers approved $1.8 trillion worth of federal spending and tax breaks on Friday in a rare show of bipartisan cooperation after years of damaging fiscal fights in Congress. The Senate voted 65-33 to approve sweeping legislation that averted a government shutdown, locked...

  • Dec 18- The U.S. Federal Communications Commission said on Friday it approved the $9.1 billion sale of U.S. regional cable company Suddenlink Communications to European telecoms group Altice NV. Altice has acquired or taken control of broadband companies in France, Belgium, Luxembourg, Israel and Portugal, the FCC said, adding that it has a track record of...

  • *California drivers suing because they want to be Uber employees. SAN FRANCISCO, Dec 10- State legislators in Ohio and Florida are moving ahead with regulations governing Uber and other ride services that would designate all drivers as independent contractors, bolstering a critical but much-disputed aspect of Uber's business model. The states would join...