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  • Wal-Mart to cut jobs at headquarters -WSJ Wednesday, 30 Sep 2015 | 9:43 PM ET

    Sept 30- Wal-Mart Stores Inc is planning a round of layoffs as early as Friday that would affect hundreds of employees at its headquarters in Arkansas, the Wall Street Journal reported, citing people familiar with the matter. Wal-Mart and its units had about 2.2 million employees globally, with nearly 1.4 million associates in the United States, as of the end of...

  • NEW YORK, Sept 29- JPMorgan Chase& Co shareholders on Tuesday won court permission to pursue their securities fraud lawsuit against the bank over the "London Whale" trading scandal, which caused a $6.2 billion loss, as a class action. JPMorgan, Chief Executive Officer Jamie Dimon and former Chief Financial Officer Douglas Braunstein had said shareholders would...

  • Wal-Mart has been testing online grocery delivery services in two markets and pickup in the five markets of Denver, Phoenix, San Jose, California, Bentonville, Arkansas, and Huntsville, Alabama. Target Corp this month partnered with Instacart Inc to deliver groceries for $3.99 per order in a pilot offering in Minneapolis. Amazon.com Inc is testing delivery in...

  • Asa Hutchinson on Monday urged the U.S. Congress to allow food companies to sell to Cuba on credit, favoring it as a first step in a gradual repeal of sanctions against the Communist-led island. He leads an Arkansas trade delegation, seeking an edge as states jockey to take advantage of the U.S. opening to Cuba. President Barack Obama has used executive authority to...

  • NEW YORK, Sept 25- A billionaire Macau developer arrested for lying to U.S. customs officials about why he brought $4.5 million in cash into the United States was subpoenaed in 2014 as part of a separate foreign bribery investigation, a source familiar with the matter said on Friday. But Ng's name has repeatedly surfaced in a private lawsuit against billionaire...

  • LITTLE ROCK, Ark., Sept 22- Democratic presidential candidate Hillary Clinton on Tuesday will propose a $250 monthly cap on prescription drugs to stop what she calls "excessive profiteering" by pharmaceutical companies. Her comments came after the New York Times reported on how a startup biotechnology company, Turing Pharmaceuticals, raised the price of the...

  • WASHINGTON, Sept 21- Democratic presidential candidate Hillary Clinton will unveil a plan this week to cap out-of-pocket costs for specialty drugs, her campaign said on Monday, as a tweet from Clinton accusing companies of "price gouging" sent biotech stocks tumbling. Clinton, who leads the field seeking the Democratic Party's nomination for president in the...

  • Sept 18- Starbucks Corp can move to Cuba, but it still cannot sell lattes there. The new rules of engagement have opened the door for Internet companies, but a Cuba government-owned company has the local monopoly on Web services. That's not how it operates, "said Kirby Jones, head of Alamar Associates, which has advised companies on business in Cuba since the 1970 s.

  • WASHINGTON, Sept 18- U.S. broiler chicken producers are shoring up security plans over the risk of a new outbreak of bird flu this fall even though the disease, which has forced the culling of almost 50 million birds, spared their flocks during the spring. The industry, which raises chickens used for meat, is closely watching to see if its birds will be susceptible to...

  • The plan, not yet finalized, would transfer catfish to the USDA from the Food and Drug Administration, which has safety responsibility for all other seafood. USDA is working toward a final rule, and TPP will not affect that, "a U.S. official said on condition of anonymity because the overall trade deal is not yet finalized. The final rules may require Hanoi to erect a...

  • Their research, which has been backed by the UK government and top chicken companies, could potentially prevent repeats of this year's wipeout: 48 million chickens and turkeys killed because of the disease since December in the United States alone. Bird flu has become a global concern among researchers over the past decade because of its threat to poultry and...

  • Where experts are finding safety Tuesday, 1 Sep 2015 | 5:54 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Investors looking for safety in this volatile market should look at these names, two financial experts said Tuesday.

  • Aug 26- Tyson Foods Inc, one of the world's largest meat processors, on Wednesday won the reversal of nearly $24 million of damage awards in two class action lawsuits claiming it cheated thousands of hourly workers in two Nebraska plants out of wages. The 8th U.S. Circuit Court of Appeals in St. Louis overturned an $18.77 million award to workers at a Madison,...

  • Aug 26- Tyson Foods Inc, one of the world's largest meat processors, on Wednesday won the reversal of nearly $24 million of damage awards in two class action lawsuits claiming it cheated thousands of hourly workers in two Nebraska plants out of wages. The 8th U.S. Circuit Court of Appeals in St. Louis overturned an $18.77 million award to workers at a Madison,...

  • Industry executives and defense officials said they expected the Army to announce an initial contract valued at up to $9 billion late on Tuesday for 17,000 of 55,000 vehicles to be built for the Army and Marine Corps in coming years,. The Pentagon's Defense Acquisition Board, led by chief arms buyer Frank Kendall, met on Tuesday to review the acquisition...

  • WASHINGTON, Aug 24- Jostling for position in the U.S. presidential race, candidates on Monday blamed Wall Street elites, the Federal Reserve, exposure to China, and President Barack Obama's spending policies for the market contagion from China's stock-market plunge. Because China's going bad it's going to bring us down, too, because we're so heavily coupled with...

  • Aug 18- Wal-Mart Stores Inc reported weaker quarterly earnings and lowered its annual forecast on Tuesday, as it copes with higher labor costs, a squeeze on pharmacy margins and sliding sales at its British supermarket chain. Net profit attributable to Wal-Mart fell to $3.48 billion, or $1.08 per share, in the second quarter ended July 31, from $3.92 billion, or...

  • Aug 18- Wal-Mart Stores Inc reported weaker-than-expected quarterly earnings and lowered its annual forecast on Tuesday, citing higher costs from adding worker hours as well as weaker margins in its U.S. pharmacy business. Wal-Mart lowered its forecast for the year ending in January to a range of $4.40 to $4.70 from its outlook of $4.70 to $5.05 in February.

  • As race sharpens, Clinton releases document trove Saturday, 1 Aug 2015 | 3:55 PM ET
    Democratic Presidential hopeful and former Secretary of State Hillary Clinton calls for an end to the Cuban trade embargo as she gives a policy speech at the Florida International University on July 31, 2015 in Miami, Florida.

    The State Department made public new swaths of Hillary Rodham Clinton's emails, while her campaign released a letter from her doctor about her health.

  • America's 10 worst states to live in 2015 Wednesday, 24 Jun 2015 | 4:30 PM ET
    Top States 2015: Lowest Quality of Life

    These places get the low marks for their high crime rate, pollution, lack of inclusiveness and the poor health of their citizens.