| Feb 13, 2015
| 9:35 PM
NEW YORK — Costco Wholesale Corp., acknowledging its split with American Express Co., said Friday that it is close to reaching a deal with a new credit card company for exclusive rights to serve the giant retailer's customers.
Costco should be...
| Mar 2, 2015
| 9:47 PM
American workers already struggling with stagnant wages are being saddled with higher medical bills even as employers reap the benefits of a sustained slowdown in the growth of healthcare costs, a new report indicates.
While employees' insurance...
| Feb 24, 2015
| 1:52 PM
Wal-Mart Stores Inc., the nation's largest private sector employer, announced Thursday that it will give half a million employees a raise. Starting this spring, the retailer's lowest-paid workers will earn $9 an hour, significantly higher than the $7.25...
| Feb 20, 2015
| 10:07 PM
Negotiators reached a tentative contract covering West Coast dockworkers on Friday evening, likely ending a protracted labor dispute that snarled international trade at seaports handling about $1 trillion worth of cargo annually.
The breakthrough came...
| Oct 31, 2014
| 4:00 AM
Twenty years ago, one of the first callers to Jerry Brown's radio show, "We the People," asked whether campaign money had influenced him as governor in the 1970s and '80s.
"You bet I was influenced," he said. "You think you can collect $10 million or...
| Jan 20, 2015
| 12:21 PM
Activist investor Starboard Value LP has written a letter to Staples' CEO, urging a merger with Boca Raton-based Office Depot.
The investor has about a 10 percent stake in Office Depot and about 5 percent in Staples, both office-supply retailers....
| Jan 20, 2015
| 12:11 PM
The U.S. Supreme Court declined to hear an appeal by retailers seeking to force the Federal Reserve to impose lower fees on the more than $1.4 trillion in debit card transactions processed by Visa and MasterCard and big banks.
The court's denial, made...
| Nov 4, 2014
| 5:00 AM
The turkey-and-gravy window is getting smaller again.
Retailers are stumbling over one another to announce ever-earlier opening times on Thanksgiving as they race to woo Black Friday shoppers with deep discounts during hours usually reserved for...
| Nov 20, 2014
| 6:59 AM
Chesapeake-based Dollar Tree Inc. raised its sales outlook for the year after recording its strongest growth in quarterly same-store sales since 2011.
Shares of the company, which has agreed to buy Family Dollar Stores Inc. for $8.5 billion, rose 3...
| Nov 7, 2014
| 7:10 AM
(Reuters) - Struggling retailer Sears Holdings Corp said it was exploring the conversion of 200-300 stores to a real estate investment trust (REIT), which it would offer to shareholders to raise cash.
Sears shares were up 27 percent at $41.39 in...
| Nov 7, 2014
| 5:43 PM
A federal judge has approved a nearly $10 million settlement of a class-action lawsuit filed nearly a decade ago by a group of disabled workers against the Social Security Administration.
The lawsuit, filed by Ronald Jantz, a deaf employee, alleged...