The Traderszone Network

Russia started bombing jihadi bases in Syria today.

Given that the the U.S. and its allies are largely responsible for creating ISIS, and that U.S., Turkey and Israel have all been acting as ISIS’ air force – they are not taking too kindly to Russia’s actions.

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Fewer than 500 employees are expected to lose their jobs and an announcement could be made as early as this Friday, according to one of sources, who declined to be named because the move had not been made public. Wal-Mart declined to comment. The cuts will make up a small portion of the more than 18,000 people employed at the Bentonville, Arkansas office but fit in with a streamlining effort that has been flagged by Chief Executive Doug McMillon in recent months.

Asian stocks rose on Thursday, drawing strength from overnight gains in global equities markets following their weakest quarter in four years, while twin surveys showing persistent weakness in China’s …

Negotiators trying to clinch a Pacific Rim free trade deal made progress toward resolving a key issue on Wednesday when Canada and Mexico signaled a willingness to open the North American auto market to more parts made in Asia, people briefed on the closed-door talks said. The Trans Pacific Partnership, or TPP, which seeks to cut trade barriers and set common standards among a dozen nations reaching from Japan to Chile, has become snared over a small set of issues, including trade in autos and auto parts, since July.

If Jack Dorsey becomes permanent CEO of both Twitter Inc (TWTR.N) and mobile payments company Square, he could struggle with conflicts of interest in the business that is key to both companies’ futures: e-commerce. Corporate governance experts and some investors have already expressed concern that Dorsey faced tough choices in his role as interim Twitter chief and head of Square. Dorsey has acknowledged the risk of a conflict of interest, publicly saying he recuses himself from decisions involving both companies.

Microsoft Corp (MSFT.O) and Google Inc (GOOGL.O) have agreed to bury all patent infringement litigation against each other, the companies announced on Wednesday, settling 18 cases in the United States and Germany. In another sign of the winding down of the global smartphone wars, the companies said the deal puts an end to court fights involving a variety of technologies, including mobile phones, wifi, and patents used in Microsoft’s Xbox game consoles and other Windows products.

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SoftBank Group Corp (9984.T) said it had led a $1 billion investment in U.S. financial technology startup SoFi, calling it the largest single financing round in the fintech space to date. The deal is the latest in the sector, where relatively young companies offer financial services through software. In July, Spain’s Banco Santander SA (SAN.MC) agreed to provide up to around $16 million for any opportunities it identifies with British mobile banking software partner Monitise Plc (MONI.L).