Macy’s Agrees To Pay $175,000 Civil Penalty For Immigrant Worker Treatment; Here Are The H1 Visa Workers Macy's Asked For In 2011
The department store chain settled a Justice Department case regarding how it re-certified its legal immigrant guest workers.
Peugeot’s Future Could Rest On Whether General Motors Can Shut Down European Car Factories
The time of reckoning may be closer for Peugeot SA, and its savior could be General Motors.
Britain Revises Past GDP Numbers; Now Says It Did Not Enter A Double-Dip Recession At The Start Of 2012 But Did Start 2013 Farther Behind Than Initially Thought
The British Office for National Statistics announced Thursday it has revised away the economic contraction of Q1 2012.
Aircraft Engine Maker Rolls-Royce ‘Regrets’ The Nearly Disastrous Engine Explosion Of A Qantas A380 Jet Over Indonesia In 2010
Australia closed the books Thursday on its investigation of the first aircraft accident involving an Airbus A380 super-jumbo jet.
Kimberly McCarthy Becomes 500th Inmate To Be Executed In Texas Since It Resumed Capital Punishment In 1982; Texas Has Killed 40% Of All US Death Row Inmates Since 1976
Kimberly McCarthy reportedly uttered “God is great” as she was executed at 6:37 p.m. CDT Wednesday evening in Huntsville.
European Leaders Strike $1.3 Trillion Budget Deal For 2014-2020; Parliament Expected To Vote Next Week To Approve The Plan
After months of wrangling, Europe’s budgetary landscape through 2020 is starting to take shape.
France Is Officially In Recession And Headed For A Jobless Rate Of Over 11%
With two straight quarters of negative GDP, Europe’s second largest economy announced that it has tipped back into a recession.
Sprint Shareholders Agree To SoftBank’s $21.6B Offer For Third-Largest US Telecom
After upping its offer, SoftBank won shareholder approval to buy 78% of the telecom company.
Gold Hits A Three-Year Low After Falling Similarly On Tuesday; Silver Down, Dollar Up
Precious metals fell again Wednesday on continued concern about China's cash crunch.
Inflation On Goods Consumed By Britain’s Super-Rich Is Over Twice As High As Inflation For Everyone Else in The UK: Report
Asia and Middle Eastern superrich have helped push up the cost of British ultra-luxury goods and services.
Glencore Founder Marc Rich, The Fugitive Trader Pardoned By Bill Clinton In 2001, Dies From Brain Stroke In Switzerland At 78
The controversial trader and founder of Glencore-Xstrata, one of the world’s largest commodities companies, will be buried in Israel.
Six Danish Retailers Sign Bangladeshi Factory Safety Accord.; Signatories Now Number 63; Only Five Are Based In The US; The Gap, Walmart, Macy’s, J.C. Penney, Sears Remain Major Holdouts
European retailers are way ahead of their U.S. counterparts in a private-sector initiative to improve Bangladeshi working conditions.
French Hypermarket Retailer Carrefour Could Float A Hong Kong IPO Soon For Its China Operations: Report
France is still Carrefour’s main market, and aside from Taiwan, it’s not doing great in Asia.
Scandinavian Airlines System Is Spending $4.4B On Airbus Aircraft And The Rolls-Royce Engines To Power Them
The northern European carrier is buying 12 Airbus planes for $3.3 billion. It's spending another $1 billion on the engines.
Chinese Oil Giant Sinopec To Buy Marathon Oil’s Stake In Angolan Oil And Gas Field For $1.52B
Sinopec, the world’s third-largest oil company, will expand into Angola, Africa’s second largest oil producing country.
Russia’s Comments Suggest Edward Snowden Could Still Be Inside Moscow’s Sheremetyevo International Airport
[UPDATE 11:19 a.m. EDT] Russian President Vladimir Putin admitted Tuesday that Edward Snowden is at Moscow's airport.
Why Ecuador President Correa Has Become A Key Player In Edward Snowden’s Quest For Refuge
[UPDATE 2:20 p.m. EDT] Ecuador President Rafael Correa made his first public statement on Edward Snowden, via Twitter.
Solid State Hard Drive Maker STec Acquired By Western Digital’s SSD Unit For $340M, Shares Almost Double On Deal
Spinning discs are going away and Western Digital wants a bigger piece of what’s replacing them.
Edward Snowden Unseen Publicly Since His Moscow Arrival From Hong Kong; Russia Denied Holding Him; He Did Not Board Flight To Havana, Cuba, As Expected
Where in the world is Edward Snowden? Has he taken a different route, or is he in custody?
China’s Central Bank Orders Country’s Financial Institutions To Reel In Risky Lending
Shanghai stocks tumble after the People's Bank of China tells top banks to improve their balance sheets.
Over A Fourth Of Americans Have No Money In Their Savings Accounts; Half Of Them Would Be Broke Within Three Months Of Losing Their Jobs, Says Bankrate.com
A survey of 1,000 people suggests more than one in four Americans have no savings at all.
British Watchdog Agency Orders Google To Destroy Personal Data Within 35 Days, Including Emails And Passwords It Collected Through Its Street View Project
Google has until July 16 to destroy data it discovered it had harvested from its mapping endeavors.
BMW Eyes Southeast Asia: Opening Rolls Royce Showrooms In Manila And Hanoi By The End Of The Year
Apparently there are enough people in Southeast Asia now who can afford $200,000 super-luxury cars.
Americans Donated $316 Billion To Charity Last Year, About The Equivalent Of Denmark’s Total GDP; Corporations Gave 6% Of That Sum, Almost A Third Went To Religious Charities
Charitable contributions in the U.S. last year broke down like this: 72% individuals; 15% foundations; 7% bequests; 6% corporations.
Russian Oil Concern Rosneft Agrees To Double Oil Shipments To China, Shifting Focus From Struggling Europe
Russia's state-owned crude oil giant Rosneft will raise its exports to China to 600,000 barrels per day.
EU Finance Ministers Agree To Guidelines For Euro Rescue Fund, Or ESM, Including ‘Bail-In’ Requirements That Would Tap Shareholders, Large Depositors When Banks Seek Help
Struggling banks will be required to meet capital buffer requirements before accessing euro zone rescue funds.
8 Spanish ‘Al-Qaeda Affiliates’ Recruiting For Syrian War Arrested In Spanish Port City Of Ceuta, Bordering Morocco
Friday morning raids in Ceuta dismantled an Al-Qaeda recruitment network seeking jihadists for Syria, Spain's Interior Ministry said.
Electric Car Charging Station Made By Chinese Electric Carmaker BYD Partially Melts, Freaking Out Investors
A Hong Kong e-vehicle fast-charge station made by Chinese electric-car maker BYD caught fire.
Donald Trump Bringing His Hotel-Condo Development Brand To Vancouver In $350M Project Due In 2016
New York’s acid-tongued celebrity mogul says he’s building a 65-story hotel-condo on Canada’s west coast.
Demand For Outdoor WiFi Expected To More Than Double Value Of The Market By 2018: Report
The global market for outdoor Internet hotspots is growing and estimated to be more than $37 billion in five years.
