The Traderszone Network

A decision by Alibaba Group to sell its U.S. online shopping site to a U.S.

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It was unclear how much money Wal-Mart would receive as a result of the changes. For instance, Wal-Mart is seeking to charge a food supplier 10 percent of the value of inventory shipped to new stores and to new warehouses, both one-time charges, and 1 percent to hold inventory in existing warehouses, according to a copy of amended terms seen by Reuters.     The move marks a shift of sorts by Wal-Mart, which unlike other retailers has sought to limit such fees in return for demanding suppliers give it the lowest price, said Kurt Jetta, head of consumer and retail analytics firm Tabs Group Inc.

Asia shares were near to eking out a sixth session of gains on Wednesday as investors strove to stay optimistic on the chance of a Greek debt deal, while the dollar held firm as the prospect of U.S. rate rises swung back into view. Japan’s Nikkei led the way as a rise of 0.5 percent cleared a peak from 2000 to reach ground last trod in late 1996. MSCI’s index of Asia-Pacific shares outside Japan ticked up 0.1 percent.

Clothing company American Apparel Inc (APP.A) has accused ousted founder Dov Charney of using ethnic slurs against workers and keeping videos on a company server of himself in sex acts with models and employees, recently filed court papers show. American Apparel’s board of directors suspended Charney as CEO a year ago, citing his misuse of company funds, violation of company policy and misuse of corporate assets, and in December the board terminated him.

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Boeing Co (BA.N) said Tuesday that President Dennis Muilenburg will take over as chief executive officer July 1, a transition that comes as the aerospace giant tries to keep pace with an historic boom in the commercial jet market and build its defense business amid tight military budgets. Muilenburg, 51, will succeed 65-year-old Jim McNerney, who picked Muilenburg as heir apparent in 2013. Muilenburg, in an interview, signaled no new direction, and did not discuss defense as a challenge.

Ford Motor Co will test new car-sharing programs with U.S. and UK partners as part of a strategy to embrace alternatives to traditional car ownership, including more flexible on-demand models. Ford’s finance …

The split will be effected in the form of a stock dividend of six additional shares for each outstanding share, the company said in a statement. The stock dividend will be payable on July 14 to stockholders of record at the close of business on July 2. Earlier this month, Netflix shareholders approved raising the company’s share authorization by nearly 30 times to 5 billion.