Traders pay upwards of $20,000 a year for access to the service, which serve as their eyes and ears into financial markets around the world. Bloomberg blamed the two-hour outage on internal network issues. Continue reading
The parent company that owns retailers T.J. Maxx, Marshalls and HomeGoods announced on Wednesday a plan to raise their workers’ wages to $9 an hour in June, with an eventual rise to $10 an hour by 2016. The move makes TJX Cos. the latest mega-retailer to jump on the competitive wages trend, following an announcement from Wal-Mart just last week.
In its glory days, SkyMall was “the sole in-flight option for potential purchasers of products to review while traveling,” Continue reading
2014 has been a banner year for corporate mergers, with more than $3 trillion in deals announced worldwide. What kind of impact do these deals have on the companies, employees and the economy? Hari Sreenivasan learns more from Andrew Ross Sorkin of The New York Times. Continue reading
Since 9/11, businesses have been able to insure themselves against terrorist attacks through the Terrorism Risk Insurance Act. But for the first time in 13 years, Congress ended a session without renewing its funding, due to opposition from Sen. Tom Coburn. Judy Woodruff sits down with Leigh Ann Pusey of the American Insurance Association for how the move will affect businesses nationwide. Continue reading
WASHINGTON — A lawyer representing Sony Pictures Entertainment is warning news organizations not to publish details of company files leaked by hackers in one of the largest digital breaches ever against an American company.