Wal-Mart to give more hours to current staff this holiday season
(Reuters) – Wal-Mart Stores Inc said on Wednesday it would not hire temporary workers this holiday season and would instead offer the extra hours to its current employees.
Eurowings wins union backing to speed up hiring amid Air Berlin turbulence
BERLIN (Reuters) – Lufthansa budget unit Eurowings has agreed a deal with the Verdi union that will allow it to hire new cabin crew at short notice from rivals such as bankrupt Air Berlin .
T-Mobile U.S. explores takeover of Sprint: source
(Reuters) – U.S. wireless carrier T-Mobile US Inc is exploring taking over rival Sprint Corp in an all-stock deal, after SoftBank Group Corp offered to give up its majority ownership of Sprint, a person familiar with the matter said.
Toshiba selects Bain group as buyer of its prized chip business: sources
TOKYO (Reuters) – Japan’s embattled Toshiba Corp has chosen a group led by U.S. private equity firm Bain Capital to buy its prized memory chip unit, three people with knowledge of the talks said on Wednesday, a last-minute dramatic twist to a highly c…
Walmart, Target join call for ‘Dreamer’ legislation
(Reuters) – Wal-Mart Stores Inc, Target Corp and PepsiCo Inc on Wednesday joined an expanded group of nearly 800 companies calling in a letter for U.S. legislation to protect immigrants brought into the country illegally by their parents from deportati…
World stocks notch up new high but it’s all about the Fed
LONDON (Reuters) – World stocks eked out a new record high on Wednesday and the dollar dipped against its major rivals with the focus on a U.S. Federal Reserve policy meeting that may give clues as to whether it will raise interest rates for a third ti…
Uber reviews Asia business amid U.S. bribery probe: source
(Reuters) – Uber Technologies Inc [UBER.UL], which is the subject of a U.S. federal probe into whether it broke bribery laws, has started a review of its Asia operations and notified U.S. authorities about payments made by staff to police officers in I…
New Zealand election could put an obstacle in path to nailing TPP deal
WELLINGTON (Reuters) – If New Zealanders vote this weekend to change who governs them, that could create an obstacle to plans by members of the Trans-Pacific Partnership (TPP) to finalize a trade deal in November.
Asia stocks steady, dollar treads water as investors count down to Fed
TOKYO (Reuters) – Asian stocks were mostly steady on Wednesday after Wall Street again rose to record highs, although movements were limited as a wait-and-see mood prevailed before the Federal Reserve reveals its monetary policy stance later in the day…
Wells Fargo’s lone outsider aims to clean up bank’s reputation
NEW YORK (Reuters) – Before a sales scandal upended its reputation, Wells Fargo & Co was something of a proud outsider in Washington and on Wall Street compared to its big bank peers.
