Wal-Mart and Massmart should increase their planned fund to support South African suppliers to at least 500 million rand from 100 million rand, the country's largest service industry union said on Monday.
Filmmakers Alex Gibney (“Enron”), Peter Joseph (“Zeitgeist”), Michael Moore (“Capitalism: A Love Story”) and Charles Ferguson (“Inside Job”) top the list of documentarians whose work scrutinizes the establishment and actually calls it what it is: damaged goods.
Mattel Inc will increase the amount of recycled and sustainable fiber used in its packaging and products, months after the toy maker was criticized for packaging that allegedly came from Indonesian rainforests.
The leading Mexican restaurant operator in the United States filed for bankruptcy on Tuesday and put its El Torito, Chevys Fresh Mex and Acapulco Mexican Restaurant chains up for sale.
Starbucks announced Monday that it was teaming up with Opportunity Finance Network to launch Create Jobs for USA, which will pool donations for Starbucks customers, partners (employees) and concerned citizens into a nationwide fund for community business lending. This follows a trend that other companies, such as McDonald's, have taken to give back to the community while also boosting sales .
Just before solar panel maker Solyndra scrambled in August to get more cash from private investors and better loan terms from federal bureaucrats, top company officials went on a political road show.
India is moving quickly on a plan to open its $450 billion retail sector to global players such as Wal-Mart, the country's industry secretary said on Wednesday, in a sign the government may be pressing ahead with a key reform.
Rumors have begun that Apple is going to stop producing the iPod soon, given that people have begun moving to the iPad and iPhone, although Apple has kept mum on the speculation.
Africa is starting to appear on the radar screens of western retailers as they look for the next growth opportunity in emerging markets while having to cope with subdued consumer spending at home.
More U.S. retailers looking for fresh markets are turning to Canada, lured by their northern neighbor's resilient economy, strong currency and the familiarity with their brands.
Research In Motion (RIM) started slashing the price of its BlackBerry PlayBook Tablet in order to boost its lagging sales.
Netflix customers are still livid over the price hike and Qwikster announcement. CEO Reed Hastings hopes to regain favor with these customers by signing Dreamworks Animation, the company behind hits like Shrek and Madagascar.
The Cultural Landscape Foundation published it's Landslide list on Saturday, which tracks the places of highest environmental risk in the United States.
Unionized Southern California supermarket employees at Albertsons, Ralphs and Vons ratified a contract deal reached last week that averted a threatened strike, said the union representing the workers.
Amazon appears ready to release its new tablet, hailed by some observers as a legitimate threat to Apple's global-leading iPad. Amazon's PR firm sent an invitation to journalists Friday afternoon announcing a press conference in New York City on Sept. 28, when the company is expected to reveal its new consumer tech weapon -- the Kindle tablet. But while the tablet hasn't been revealed publicly yet, it is apparently quite real -- seen by one tech journalist already with other strong hint...
Less than three months ago, Netflix had the tiger by the tail. But now, the tiger has turned and the streaming video and Qwikster DVD service is getting eaten one big bite at a time. Netflix's growth halted in July after the company stunned customers with a 60 percent price hike on streaming video and DVD-by-mail services. The high-flying company was adding thousands of new customers each week, but the way the hike was handled, which CEO Reed Hastings has now apologized for, caused customer d...
Forbes' latest list of billionaires, which was published on Wednesday, has a few surprises on it. The world has now 1,210 billionaires, with a total net worth of $4.5 trillion. The number of billionaires has doubled in China while Moscow surpasses all other cities in the number of billionaires.
2011 Forbes list of Americas top ten wealthiest men.
Investor George Soros, at 81, has for the first time made the list of the 10 wealthiest Americans, Forbes Magazine reported on Wednesday in the 2011 edition of its annual rich list.
Albertsons, Ralphs and Vons remained in talks with the union representing 62,000 Southern California supermarket workers as the deadline for canceling their labor contract passed on Sunday evening.
The Centers for Disease Control and Prevention is investigating a listeria outbreak that's killed four people and sickened others across six states including Texas and New Mexico.
The union representing many of the 62,000 workers at Ralphs, Vons and Albertsons supermarkets in southern California issued a required 72-hour notice of its plan to cancel its extended contract, a move that could pave the way for a strike.
