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Wal-Mart to stop healthcare benefits for some part-time workers

Wal-Mart Stores Inc, the biggest private sector employer in the United States, said on Tuesday it would no longer provide health benefits to some of its U.S. part-time workers due to ballooning healthcare costs.

Oct 07, 2014 12:26 PM EDT


Light bulb moment: Low-energy LED wins Nobel prize

An American and two Japanese scientists won the 2014 Nobel Prize for Physics on Tuesday for inventing a new energy-efficient and environment-friendly light source, leading to the creation of modern LED light bulbs.

Oct 07, 2014 12:24 PM EDT


Gwyneth Paltrow's Goop names new CEO, plans e-commerce push

Goop, the lifestyle blog and online shopping site founded by actress Gwyneth Paltrow in 2008, named a new chief executive officer on Monday to spearhead an e-commerce expansion that includes Goop-branded apparel.

Oct 07, 2014 12:20 PM EDT


EU watchdog targets Amazon's Luxembourg tax deals

Amazon's tax arrangements with Luxembourg are being investigated by EU regulators, as the online retailer becomes the latest global company to be accused of striking tax-minimising deals with member states that may break bloc rules.

Oct 07, 2014 12:15 PM EDT


U.S. job openings hit highest level since 2001

U.S. job openings rose to their highest level in more than 13 years in August even as hiring fell, the U.S. Department of Labor said.

Oct 07, 2014 11:49 AM EDT


Denso not seeking big M&A, could buy smaller firms

Denso Corp (6902.T), the world's second-biggest car-parts supplier, does not plan to join global rivals in bulking up through a big merger but it is looking to buy smaller parts makers with niche technologies, the company's head said.

Oct 07, 2014 11:43 AM EDT


Belgian police waive traffic fines in protest over pensions

Belgians who drive a bit over the speed limit, forget to buckle their seat belts or park illegally can breathe easier this week as police turn a blind eye in protest against plans to raise their retirement age.

Oct 07, 2014 11:35 AM EDT


As oil prices tank, new era of abundance seen dawning

As oil production swells, demand falters and prices slide, the global oil market appears on the verge of a pivotal shift from an era of scarcity to one of abundance.

Oct 07, 2014 11:24 AM EDT


Chrysler recalls cargo vans due to inadvertent airbag deployments

Chrysler Group LLC said on Tuesday it is recalling about 22,100 small cargo vans because of inadvertent side air bag deployments, the company and U.S. safety regulators said.

Oct 07, 2014 11:17 AM EDT


Fiat says merger into Dutch-registered FCA effective October 12

Italian carmaker Fiat (FIA.MI) said on Tuesday its merger into holding group Fiat Chrysler Automobiles (FCA) would be effective as of Oct. 12 after all conditions for the tie-up were met.

Oct 07, 2014 11:11 AM EDT


College is now a buyer's market

Colleges are increasingly worried about getting enough enrollments, and students can use the situation to their advantage.

Oct 06, 2014 12:29 PM EDT


Bill Gross told rival Gundlach: ‘I am Kobe, you are LeBron’

It was one of the most extraordinary meetings in the history of the bond market. Two of the biggest-ever names in fixed-income investing, Bill Gross and Jeffrey Gundlach, fierce rivals who had never previously talked, held a secret meeting over glasses of lemonade, water, and plates of crudites about whether to join forces.

Oct 06, 2014 12:28 PM EDT


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