China's workforce is growing more restive as it shrinks.» Read More
April 16- Yahoo Inc, which posted anemic first-quarter revenue growth, said it has nominated three new members to its board. The three members include billionaire Charles Schwab, namesake chairman and chief executive of discount broker Charles Schwab Corp..
SUNNYVALE, California— Yahoo co-founder David Filo is vying to rejoin the Internet company's board after an 18- year absence. The other nominees to the board are Charles Schwab, the founder of a stock brokerage that still bears his name, and H. Lee Scott Jr., the former CEO of Wal-Mart Stores Inc. Yahoo Inc. CEO Marissa Mayer is on Wal-Mart's board.
Costco Wholesale Corp. rose $1.43 or 1.3 percent, to $113.49. Target rose$. 43 or. 7 percent, to $59.91. Wal-Mart Stores Inc. rose$. 34 or. 4 percent, to $77.22.
WASHINGTON, April 16- The biggest U.S. business lobbying group is warning the nation's employers that labor relations could be reshaped by non-union labor groups that are backing high-profile efforts to raise wages and mandate paid sick leave.
SHANGHAI, April 17- China's workforce is growing more restive as it shrinks. "This is going to be a very tough year for employers in China," said Lesli Ligorner, Shanghai- based partner at Simmons& Simmons.
NEW YORK— Shares of some top big-box retail companies are up at 1 p.m.:. Costco Wholesale Corp. rose $1.20 or 1.1 percent, to $113.26. Wal-Mart Stores Inc. rose$. 39 or. 5 percent, to $77.27.
NEW YORK— Shares of some top big-box retail companies are up at 10 a.m.:. Costco Wholesale Corp. rose$. 69 or. 6 percent, to $112.75. Wal-Mart Stores Inc. rose$. 44 or. 6 percent, to $77.32.
April 16- Canadian grocer Metro Inc posted a higher-than-expected quarterly profit as a reorganization of its Ontario operations boosted sales and the company raised its dividend.
LONDON, April 16- Tesco, Britain's biggest retailer, said it would slash millions of pounds off prices to win back customers as a second year of falling profit stepped up pressure on chief executive Philip Clarke to quit. Tesco has suffered in recent years from failed attempts to break into the United States and Japan and a costly expansion in China.
LONDON, April 16- Britain's biggest retailer Tesco said it saw no let up in sight as it posted a 6 percent fall in annual profit, its second straight year of decline, piling pressure on Chief Executive Phil Clarke.
MINNEAPOLIS— Best Buy's president of U.S. retail stores is leaving the company and his duties will be taken over by the electronics retailer's human resources officer. Best Buy confirmed the change, first reported in the Minneapolis Star Tribune.
Barcode printer maker Zebra Technologies said it would buy Motorola Solutions enterprise business for $3.45 billion in cash.
Costco Wholesale Corp. rose$. 48 or. 4 percent, to $112.56. Target rose$. 52 or. 9 percent, to $59.42. Wal-Mart Stores Inc. rose$. 88 or 1.2 percent, to $77.38.
WASHINGTON— U.S. retail sales in March rose by the largest amount in 18 months, led by strong gains in sales of autos, furniture and a number of other products. The 1.1 percent jump reported by the Commerce Department on Monday was the best showing since September 2012. WASHINGTON— The calendar shows April 15, and you haven't even started on your federal tax return?
SAN FRANCISCO— Levi Strauss& Co. has hired a Wal-Mart executive to head up its e-commerce business. The privately held San Francisco clothing company said Monday that Marc Rosen will join Levi in May as executive vice president and president of global e-commerce. Rosen worked most recently as senior vice president of global e-commerce at Wal-Mart Stores Inc..
NEW YORK— Shares of some top big-box retail companies are up at 1 p.m.:. Costco Wholesale Corp. rose$. 65 or. 6 percent, to $112.73. Wal-Mart Stores Inc. rose $1.03 or 1.3 percent, to $77.53.
Janet Yellen believes rising inflation will lead to lower unemployment. But what we've learned over past decades is the reverse: Lower inflation leads to lower unemployment.
After being fined more than $9.8 billion in the last three years, Wal-Mart is speaking out against the Chinese government, according to a report.
NEW YORK— Shares of some top big-box retail companies are up at 10 a.m.:. Costco Wholesale Corp. rose$. 05 or percent, to $112.13. Wal-Mart Stores Inc. rose$. 64 or. 8 percent, to $77.14.
The 1.1 percent jump reported by the Commerce Department on Monday was the best showing since September 2012.