Walmart to pay $65 million to settle lawsuit over seating for cashiers
Walmart Inc has agreed to pay $65 million to nearly 100,000 current and former cashiers in California who accused the retailer of violating state law by refusing to provide them with seating while they worked.
Delta profit tops estimates as cost controls help offset fuel surge
Delta Air Lines Inc said on Thursday it sees a return to margin growth next year as it posted a estimate-beating rise in quarterly profit on strong demand and tight cost controls, sending shares higher.
Wall Street extends slide, world equities at one-year low
A global measure of equity prices fell to a 1-year low on Thursday as Wall Street extended its October slide into a sixth session as investors feared an escalating U.S. trade war with China and risks from a recent climb in interest rates.
Oil drops 2.5 percent as equity markets fall, inventories climb
Oil prices slumped to more than two-week lows on Thursday as global stock markets fell, with investor sentiment made more bearish by U.S. government data that showed domestic crude inventories rose more than expected last week.
Wall Street extends sell-off, S&P breaches key level
U.S. stocks dropped on Thursday, extending a sell-off from a day earlier, after the major indexes broke though some key technical levels as risk-appetite showed no signs of picking up.
Senators asks Google to explain delay in disclosing vulnerability
Three influential Republican U.S. senators on Thursday asked Alphabet Inc’s Google unit to explain why it delayed disclosing vulnerabilities with its Google+ social network.
Exclusive: Lampert explores bid for Sears assets in bankruptcy – sources
Sears Holdings Corp Chief Executive Officer Eddie Lampert is exploring a bid for some of the cash-strapped U.S. retailer’s businesses and real estate once it files for bankruptcy as an alternative to a traditional court-supervised reorganization, peop…
U.S. inflation slows in September, weekly jobless claims increase
U.S. consumer prices rose less than expected in September, held back by a slower increase in the cost of rent and falling energy prices, as underlying inflation pressures appeared to cool slightly.
Puma commemorates ‘black power’ salute in U.S. market push
Puma is launching a campaign to mark the 50th anniversary of U.S. sprinter Tommie Smith’s black-gloved salute at the 1968 Olympics, shortly after rival Nike scored a hit with an ad featuring a modern-day activist for racial equality.
Trump calls ‘loco’ Federal Reserve ‘too aggressive’: Fox interview
U.S. President Donald Trump launched a second day of criticism against the Federal Reserve on Thursday, calling its interest rate increases a “ridiculous” policy that was making it more expensive for his administration to finance its escalating deficit…
