2 June, 2015 by The TZ Newswire Staff Comments Off on Wal-Mart to raise wages for 100,000 U.S. workers in some departments
Wal-Mart to raise wages for 100,000 U.S. workers in some departments
Wal-Mart, the largest private employer in the United States with 1.3 million U.S. workers, has been targeted by labor groups for its minimum wages. The company said in February that it would raise minimum wages for 500,000 U.S. employees. The wage increases seem aimed at discouraging worker unionization, said Gary Chaison, professor of industrial relations at Clark University.
2 June, 2015 by The TZ Newswire Staff Comments Off on Exclusive: Hedge funds to Macy’s: Sell your real estate
Exclusive: Hedge funds to Macy’s: Sell your real estate
Several hedge funds have asked U.S. department store company Macy’s Inc (M.N) to consider options for its real estate, including selling some major sites and then leasing them back, according to several sources close to the matter. The push is in line with real estate decisions by some other major retailers that have been beneficial to their stock prices. Hudson’s Bay Co (HBC.TO), the parent of Lord and Taylor and Saks Inc, said in February it would form two real estate joint ventures, paving the way for it to sell some of its property assets.
2 June, 2015 by The TZ Newswire Staff Comments Off on Exclusive: Hedge funds to Macy’s: Sell your real estate
Exclusive: Hedge funds to Macy’s: Sell your real estate
Several hedge funds have asked U.S. department store company Macy’s Inc (M.N) to consider options for its real estate, including selling some major sites and then leasing them back, according to several sources close to the matter. The push is in line with real estate decisions by some other major retailers that have been beneficial to their stock prices. Hudson’s Bay Co (HBC.TO), the parent of Lord and Taylor and Saks Inc, said in February it would form two real estate joint ventures, paving the way for it to sell some of its property assets.
2 June, 2015 by The TZ Newswire Staff Comments Off on Why Xiaomi phones won’t be on US shelves soon
Why Xiaomi phones won’t be on US shelves soon
China’s low-cost smartphone maker Xiaomi launched a foray into U.S and Europe this week, but don’t expect its handsets there anytime soon.
2 June, 2015 by The TZ Newswire Staff Comments Off on Why Xiaomi phones won’t be on US shelves soon
Why Xiaomi phones won’t be on US shelves soon
China’s low-cost smartphone maker Xiaomi launched a foray into U.S and Europe this week, but don’t expect its handsets there anytime soon.
2 June, 2015 by The TZ Newswire Staff Comments Off on Asia Markets: Asian shares mixed; Australia stocks fall
Asia Markets: Asian shares mixed; Australia stocks fall
Stocks in Australia fall despite stronger-than-expected economic data, while shares in Hong Kong gain with the help of newly listed conglomerate Cheung Kong Property.
read more
2 June, 2015 by The TZ Newswire Staff Comments Off on Asia Markets: Asian shares mixed; Australia stocks fall
Asia Markets: Asian shares mixed; Australia stocks fall
Stocks in Australia fall despite stronger-than-expected economic data, while shares in Hong Kong gain with the help of newly listed conglomerate Cheung Kong Property.
read more