If sharing economy companies are creating jobs of the future, it doesn't mean decent wages and benefits are part of the bargain for workers.» Read More
*Family Dollar rejects Dollar General's buyout offer. *Jackson Hole conference of central bankers to begin. Federal Reserve Chair Janet Yellen is scheduled to speak at the Jackson Hole conference on Friday.
NEW YORK— It's mid-August, and parents are scrambling to outfit their kids with backpacks, gadgets and jeans as the clock winds down toward the first day of school. "It's a lot easier to find a deal," said Michael Londrigan, dean of academic affairs at LIM College, a fashion college in New York.
Aug 21- When is the best time to book a trip to Walt Disney World? During a Twitter discussion on Aug. 19 hosted by Reuters, a panel of experts fielded questions about travel. The panel comprised Brian Kelly, who runs ThePointsGuy.com; Tim Winship, editor and publisher of FrequentFlier.com, and Jason Cochran, editor of Frommers.com.
SEOUL, South Korea— Kim Min- koo has an easy reply to new American research that hits South Korea where it hurts— in the noodles. Instant noodles carry a broke college student aura in America, but they are an essential, even passionate, part of life for many in South Korea and across Asia.
GUELPH- Canadian Finance Minister Joe Oliver will speak to reporters before a business roundtable in Guelph, Ontario- 1800 GMT. WYOMING, United States- European Central Bank President Mario Draghi to speak on "Reevaluating Labor Market Dynamics" in Jackson Hole, Wyoming- 1830 GMT. STOCKHOLM- Meeting of the General Council of the Riksbank.
*Eyes on Jackson Hole summit starting Thursday. NEW YORK, Aug 20- The U.S. dollar hit fresh multi-month highs against a basket of major currencies on Wednesday after minutes from the Federal Reserve's July policy meeting signaled the potential for an earlier-than-expected hike in interest rates.
Deval Patrick said Wednesday he was hopeful that a family fight over the Market Basket grocery store chain that has sparked an employee walkout and a customer boycott can be resolved soon.
Aug 20- Hackers who stole the personal data of about 4.5 million patients of hospital group Community Health Systems Inc broke into the company's computer system by exploiting the "Heartbleed" internet bug, making it the first known large-scale cyber attack using the flaw, according to a security expert.
SAN FRANCISCO, Aug 19- Uber has enlisted David Plouffe, President Barack Obama's 2008 campaign manager, to devise and run its global political and branding strategy, as the fast-expanding car rides-on-demand startup runs into stiff resistance in some cities.
SAN FRANCISCO, Aug 19- Uber has enlisted David Plouffe, President Barack Obama's 2008 campaign advisor, to devise and run its global political and branding strategy, as the fast-growing car rides-on-demand firm runs into stiff resistance from taxi companies in some cities.
SYDNEY- Reserve Bank of Australia will release the minutes of its August policy board meeting- 2340 GMT. SALZBURG, Germany- Federal Reserve Bank of New York Deputy General Counsel and Senior Vice President Joyce Hansen, Austrian National Bank Deputy Governor Andreas Ittner and Bundesbank Board member Andreas Dombret speak at Salzburg Global Seminar.
The recently-formed political group is funded by gambling giants MGM Resorts International, Mohegan Sun and Penn National Gaming. Campaign spokesman Stephen Eisele said two dozen volunteers canvassed in the communities of Winthrop, Bourne, Lexington, East Longmeadow and Ludlow.
BOSTON— As an employee revolt at a New England grocery store chain headed into its fifth week, the governors of Massachusetts and New Hampshire took the unusual step of personally stepping in to negotiations aimed at ending a standoff threatening the future of the popular low-priced supermarkets. Deval Patrick and New Hampshire Gov.
In the complaint, Pershing Square alleged that Treasury illegally seized tens of billions of dollars in Fannie and Freddie profits.
Aug 16- Activist Bill Ackman's Pershing Square Capital Management LP filed its second lawsuit in two days against the U.S. government over bailout of Fannie Mae and Freddie Mac, court documents show.
Aug 15- Online home-furnishings retailer Wayfair Inc is seeking to raise $350 million in an initial public offering of its Class A common stock, the company said in a regulatory filing on Friday.
BOSTON— Federal authorities should consider further restrictions for electronic cigarettes on planes, airport officials said after one of the devices apparently started a small fire that forced passengers to briefly evacuate a plane last weekend.
LONDON, Aug 15- U.S. investors are withdrawing billions of dollars from European stocks as signs of a stalled economic recovery, compounded by the Ukraine crisis, halt the past year's scramble to buy back into the region.
Aug 14- Pershing Square Capital Management LP, the hedge fund firm run by William Ackman, has sued the U.S. government, claiming that its stripping of Fannie Mae's and Freddie Mac's profit illegally short changes investors in the mortgage companies' common stock.
Aug 14- U.S. securities regulators are looking at the hostile takeover bid made by billionaire investor William Ackman and Valeant Pharmaceuticals for Botox maker Allergan Inc, a person familiar with the matter said on Thursday.