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Monday, Jul 11, 2016 at 11:05 AM PDT

Starbucks to Increase Base Pay of Workers in October

Starbucks to Increase Base Pay of Workers in October

Starbucks is boosting the base pay of all employees and store managers at U.S. company-run stores by 5 percent or more. In a letter sent to workers Monday, CEO Howard Schultz said that the amount of the raise —...

Friday, Jul 8, 2016 at 11:28 AM PDT

Stocks Higher as US Creates 287K Jobs in June

Stocks Higher as US Creates 287K Jobs in June

The U.S. economy added 287,000 jobs during the month of June, beating expectations and wowing investors, CNBC reported. Economists expected non-farm payrolls to jump by 175,000 for the month.

Thursday, Jul 7, 2016 at 07:01 PM PDT

Oil Prices Skid, Traders Worry There's a Fuel Glut

Oil Prices Skid, Traders Worry There's a Fuel Glut

Oil prices fell nearly 5 percent on Thursday after a government report on fuel stocks reinforced worries about an oil glut. The report said that crude inventories are declining at a slower pace than expected.

Wednesday, Jul 6, 2016 at 02:16 PM PDT

You Can Now Pay With Phone at All US Wal-Mart Stores

You Can Now Pay With Phone at All US Wal-Mart Stores

Wal-Mart will now let you pay with its phone app at all 4,600 stores nationwide. The effort is part of Wal-Mart's strategy to make shopping easier and faster, while learning more about consumer behavior.

Thursday, Jun 30, 2016 at 11:45 AM PDT

Hershey's Board Rejects Bid From Mondelez

Hershey's Board Rejects Bid From Mondelez

Hershey's board of directors said Thursday it has unanimously rejected a bid by Mondelez to aquire the chocolate-giant in what would have united two of the world's largest candy-makers. The company said in...

Monday, Jun 27, 2016 at 03:16 PM PDT

New Sprouts Looking to Hire 150 Employees

New Sprouts Looking to Hire 150 Employees

Sprouts Farmers Market is opening a new store in the 4S Ranch area and is looking to hire 150 employees.

Friday, Jun 24, 2016 at 05:35 PM PDT

Horton Plaza Nordstrom Announces Store Closure

Horton Plaza Nordstrom Announces Store Closure

After 31 years at downtown San Diego’s Horton Plaza, the Nordstrom location is closing.

Thursday, Jun 23, 2016 at 08:10 PM PDT

Asian Stocks Volatile as Investors Await UK Vote Results

Asian Stocks Volatile as Investors Await UK Vote Results

In volatile trading, Asian stock markets fell sharply on Friday with Tokyo stocks, U.S. futures and oil prices plunging as the early results in Britain's referendum challenged the earlier anticipation that...

Thursday, Jun 23, 2016 at 02:41 PM PDT

US Stocks Closer Higher as UK Votes on Brexit Referendum

US Stocks Closer Higher as UK Votes on Brexit Referendum

U.S. stocks closed more than 1 percent higher Thursday, on the heels of the U.K. vote to remain in the European Union, CNBC reported. The S&P 500 posted its highest close since June 9.

Thursday, Jun 23, 2016 at 09:13 AM PDT

Macy's Terry Lundgren to Step Down as CEO Next Year

Macy's Terry Lundgren to Step Down as CEO Next Year

Macy's CEO Terry Lundgren, who spearheaded a landmark acquisition that created a powerhouse national department store chain, will step down early next year, the company announced Thursday as it struggles...

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