Saturday, September 23, 2017

Wal-Mart shutters two stores in Southern California; five more to follow

Two Wal-Mart stores in Southern California are scheduled for closure on Sunday, as part of the retail giant's restructuring efforts.

BP Plc to cut 4K upstream jobs in 2016 as oil prices drop further

BP Plc seeks to lay off 4,000 workers in its crude-oil production unit in 2016 as prices fall near to its lowest levels in 12 years.

Private-equity firm KKR buys Midwest retailer Mills Fleet Farm

Minnesota-based Mills Fleet Farm has agreed to sell its majority stake to KKR, one of the biggest investment companies in the U.S. whose holdings total around $100bn across several industries.

OnePlus mini handset hits Chinese certification site with Snapdragon 810 and 3GB of RAM

OnePlus mini hits Chinese certification website TENAA. The latter is the Telecommunications certification body in China. The listing of the handset confirms the approval of the model for the Chinese market.

Credit Suisse files claim against UBS for poaching its U.S. brokers

An arbitration claim was filed by Credit Suisse Group AG against UBS Group AG for poaching its U.S. brokerage unit, according to a report by The Wall Street Journal, citing a source with knowledge of the matter.

Trader Joe’s voluntary recalls bursting Triple Ginger Brew bottles

Trader Joe's has voluntary recalled its Triple Ginger Brew following reports that unopened bottles have burst, according to a news release by the Monrovia-based company on Tuesday.

Dell Inc.’s lower quarterly revenue puts cloud over EMC acquisition

Dell Inc.'s quarterly financial results released Monday showed that revenue fell from a year ago as the company disclosed publicly its numbers for the first time since late 2013, when the company became a private company.

Bank of Japan maintains policy; to improve communication efforts

The Bank of Japan (BoJ) kept its policy unchanged on Friday in an 8-1 majority vote to keep its target of expanding the monetary base at an annual rate of around 80tn yen.

For Hospitals, Prestige Leads To Profits

A new study explores why the most profitable U.S. hospitals are who they are.

How Medicare Drug Plans Hope To Follow Private Sector...

The proposal that Medicare made this month to better control prescription drug costs involves testing strategies used with some success in the private sector.

California Voters Will Have Their Say On Drug Prices

Heated battle expected over November ballot proposal to curb state's prescription drug costs, as pharmaceutical industry opens its pocketbook to defeat the measure.

How You Can Easily Pay Off Your Holiday Debt

If you are just recovering from the holiday hangover...

Despite Kvetching, Most Consumers Satisfied With Health Plans: Poll

The survey by the Kaiser Family Foundation shows that 71 percent of people with insurance believe their services are excellent or good.