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  • Seattle CEO to cut his pay so every worker earns $70,000 Wednesday, 15 Apr 2015 | 11:03 AM ET

    SEATTLE— A Seattle CEO who announced that he's giving himself a drastic pay cut to help cover the cost of big raises for his employees didn't just make those workers happy. Dan Price, chief executive of the company, stunned his 100- plus workers on Monday when he told them he was cutting his roughly $1 million salary to $70,000 and using company profits to ensure...

  • NORTH CHARLESTON, South Carolina, April 14- Labor union officials say they could postpone a vote seeking to organize 3,000 workers at Boeing Co's factory here in South Carolina if their campaign fails to gain enough traction against fierce opposition from the company and local politicians. Organizers for the International Association of Machinists are...

  • Brooklyn Bridge clogged by #ShutDownA14 protests Tuesday, 14 Apr 2015 | 5:33 PM ET
    Demonstrators protest against police brutality against minorities during a protest in New York, April 14, 2015.

    Protesters in cities across the country are calling out police brutality Tuesday and tweeting it all at #ShutDownA14.

  • NORTH CHARLESTON, South Carolina, April 14- Labor union officials say they could postpone a vote seeking to organize 3,000 workers at Boeing Co's factory here in South Carolina if their campaign fails to gain enough traction against fierce opposition from the company and local politicians. Organizers for the International Association of Machinists are...

  • April 10- Security software maker Symantec Corp has been seeking buyers for its storage software business, Veritas, or the entire company for several months, sources familiar with the matter said. Symantec has approached NetApp Inc, EMC Corp and several private equity firms to gauge their interest, the people said, asking asked not to be identified as the...

  • *Some models backlogged through June. SAN FRANCISCO/ PARIS, April 10- Customers preordering Apple Inc's smartwatch on Friday will have to wait at least a month for delivery, an early sign of strong demand for company chief Tim Cook's first new major product. Without knowing how many watches consumers have ordered, Wall Street analysts said it was too early to...

  • By Noel Randewich and Astrid Wendlandt. SAN FRANCISCO/ PARIS, April 10- Customers flocked to Apple Inc's stores around the world on Friday to get their first close-up look at the company's smartwatch, while online orders were backlogged until June. On April 24, the watch goes on sale officially online and through appointments in shops, including trendy fashion...

  • Amazon gets green light for new drone tests Friday, 10 Apr 2015 | 2:36 AM ET
    Amazon Prime Air drone delivery.

    Amazon has won approval to test a delivery drone outdoors, less than a month after it blasted regulators for being slow to approve testing.

  • April 9- Amazon.com Inc has won approval from U.S. federal regulators to test a delivery drone outdoors, less than a month after the e-commerce powerhouse blasted regulators for being slow to approve commercial drone testing. The FAA granted Amazon's request to test delivery drones in a letter dated Wednesday, posted on the agency's website.

  • April 9- Amazon.com Inc has sued four websites to stop them from selling fake, positive product reviews. In a complaint filed on Wednesday in King County Superior Court in Washington, Amazon said the bogus reviews undermine a system that the Seattle- based online retailer launched 20 years ago to help shoppers using its website decide what to buy.

  • April 6- Starbucks Corp is expanding its employee college tuition assistance program to cover the entire cost of getting an online bachelor's degree, the chief executive of the coffee chain said on Monday. The enhanced tuition reimbursement program from Starbucks comes at a time when an improving U.S. labor market is forcing major restaurant chains and...

  • David Topkins was accused of conspiring with other poster sellers to manipulate prices on Amazon.com Inc's Amazon Marketplace, a website for third-party sellers, from Sept. 2013 to Jan. 2014, according to papers filed in San Francisco federal court. The Justice Department said Topkins also agreed to pay a $20,000 criminal fine and cooperate with its probe.

  • SEATTLE, April 1- Seattle's new minimum wage law took effect on Wednesday amid mixed reaction from businesses, giving some workers a bump in compensation on the way to a $15 hourly wage, among the highest big-city pay floors in the United States. Seattle became the first major U.S. city to commit to such a high basic wage when Mayor Ed Murray proposed the plan last May.

  • UPDATE 2-Chipmaker Micron outlook weakens, shares drop Wednesday, 1 Apr 2015 | 5:25 PM ET

    April 1- Chipmaker Micron Technology Inc forecast lower revenue for the current quarter, saying it was willing to hold inventories longer in the face of waning customer demand for electronics featuring its technology. The stock slid after Micron CEO Mark Durcan told analysts on a conference call that he expected fiscal third-quarter revenue of $3.8 billion...

  • CHICAGO, March 30- Amazon.com Inc is launching a home services marketplace that will connect customers with electricians, plumbers and painters in a move to have its services tied to every product sold on its website. "Third party estimates show that customers spend four times more on services each year than they do on physical products," Peter Faricy,...

  • March 27- Intel Corp is in talks to buy fellow chipmaker Altera Corp in a deal likely to top $10 billion, according to a source familiar with the matter, making it Intel's biggest purchase ever and the latest merger in the quickly consolidating semiconductor sector. The acquisition of Altera, which makes programmable chips widely used in cellphone towers, the...

  • March 27- Intel Corp is in talks to buy fellow chipmaker Altera Corp in a deal likely to top $10 billion, making it Intel's biggest purchase and the latest merger in the quickly consolidating semiconductor sector, the Wall Street Journal reported on Friday. An acquisition of Altera, which makes programmable chips widely used in cellphone towers, the military and...

  • UPDATE 1-Intel in talks to buy Altera -WSJ report Friday, 27 Mar 2015 | 4:13 PM ET

    March 27- Intel Corp is in talks to buy fellow chipmaker Altera Corp in a deal that would likely top $10 billion, marking the latest merger in the semiconductor business, the Wall Street Journal reported on Friday. An acquisition of Altera, which makes programmable chips widely used in cellphone towers, the military and other industrial applications,...

  • The potential deal, first reported by Women's Wear Daily, could value Net-a-Porter lower than the valuation of 2 billion euros reported by the fashion industry trade journal, Forbes reported on Thursday, citing the person. "It's Day 1 in the category," Amazon Chief Executive Jeff Bezos told the New York Times in an interview in 2012, saying the company was making a "...

  • The potential deal, first reported by Women's Wear Daily, could value Net-a-Porter lower than the valuation of 2 billion euros reported by the fashion industry trade journal, Forbes said, citing the person. "It's Day 1 in the category," Amazon Chief Executive Jeff Bezos told the New York Times in an interview in 2012, saying the company was making a "significant"...