| Jan 24, 2014
| 4:24 PM
Wal-Mart Stores Inc. is laying off 2,300 employees in its Sam’s Club division as it tries to make its workforce leaner.
In total, 2% of the 116,000 Sam’s Club employees in the U.S. will lose their jobs. Employees were being informed of the...
| Jun 15, 2013
| 9:52 PM
SACRAMENTO — A battle is raging over a California program that grants businesses tax breaks for creating jobs but prevents the public from knowing who got them and why.
At issue are enterprise zones, which were established to boost employment in...
| Jan 15, 2013
| 1:56 PM
NEW YORK CITY -- Wal-Mart Stores Inc will buy an additional $50 billion in U.S.-made products over the next decade in areas like sporting goods and high-end appliances in what the world's largest retailer called a bid to help boost the U.S. economy.
| Dec 14, 2012
| 8:17 AM
Wal-Mart Stores Inc., Ralph’s owner Kroger Co. and Sara Lee parent Grupo Bimbo are all said to be in the running to buy up assets from liquidating Twinkies maker Hostess, according to a report this week.
The companies, along with Midwest baked...
| Feb 7, 2013
| 8:11 AM
Shoppers trod carefully in January, lured into stores by retailers dangling post-holiday clearance deals but spending sparingly to balance out higher payroll taxes and lingering economic uncertainty.
Same-store sales at major retailers such as...
| Feb 21, 2013
| 9:42 AM
Wal-Mart Stores Inc. beat expectations for its most recent fiscal quarter, but the world’s largest retailer is now warning that higher payroll taxes, income tax refund delays and lofty gas prices will cause stagnant sales during the current quarter....
| Mar 20, 2013
| 6:50 PM
A dispute between the owner of an 11-acre site in Remington and the developer that plans to build a Walmart-anchored shopping center there has thrown the project's future into doubt.
Twenty Fifth Street LLC, the property owner, filed Wednesday in...
| Aug 6, 2013
| 5:00 AM
The home entertainment business is growing again, albeit slowly, despite the fact that people continue to spend less on DVDs.
After years of declines, total consumer spending on movies for home use grew 2% in the first half of the year to $8.63 billion....
| Aug 15, 2013
| 8:21 AM
Wal-Mart Stores Inc., the world’s largest retailer, cut its outlook for the rest of the year after reporting second-quarter earnings that fell below expectations.
The disappointing performance, coupled with pessimistic forecasts from Macy’...
| Aug 15, 2013
| 5:59 PM
NEW YORK — Encouraging signs for the labor market caused alarm on Wall Street as investors sped up a broad sell-off, fueled by worries the Federal Reserve will soon scale back its stimulus.
Major U.S. indexes closed sharply lower Thursday as yet...
| Aug 16, 2013
| 5:40 PM
California's economy sent out mixed signals in July: The unemployment rate inched up, but employers still added 38,100 jobs, one of the biggest gains for the state since the recession officially ended in February 2010.
The jobless rate ticked up to 8.7%...