McDonald's Corp (MCD.N) plans to raise the average pay of about 90,000 U.S. workers to around $10 an hour, but the increase will not benefit workers at the vast majority of the restaurants, because they are operated by franchisees, who make their own wage decisions.
Legal & Regulatory
Taiwan, Japan ban Ontario poultry over Canada bird flu
Japan and Taiwan have imposed trade restrictions on poultry and poultry products from Ontario, the Canadian Food Inspection Agency said on Tuesday, a day after bird flu was confirmed in the Canadian province.
Argentine central bank to send regulators to local Citibank HQ: media
Argentina's central bank will send regulators to the headquarters of Citibank Argentina on Monday, the head of the monetary authority has said, the latest move between the bank and the state over defaulted debt.
China turns away more than half of carbon credit applicants to curb glut
China's top regulator has ruled that more than half of the 54 mitigation projects that recently sought to register for carbon credits are ineligible, it said on Friday, amid worries that a glut of permits is undermining its pilot carbon markets.
China charity law set to boost public trust in charities
China has prepared a draft law for charities to register directly with the government, making it easier for them to raise funds and gain tax exemptions, while allaying public concern over the way they are run, following some high-profile scandals.
Latest News
Employers have ratcheted up the financial incentives they offer workers to participate in wellness programs to a record $693 per employee, on average, this year from $594 in 2014 and $430 five years ago, found a report released on Thursday.
Patent holding company Intellectual Ventures' second crack at holding Motorola Mobility liable for using its technology without permission partially succeeded on Wednesday after a U.S. jury in Delaware found Motorola infringed a patent on multimedia text messaging.
Italian prosecutors have wrapped up an investigation into allegations U.S. tech giant Apple (AAPL.O) failed to pay corporate taxes to the tune of 879 million euros ($964 million), two sources said on Monday.
Wal-Mart Stores Inc (WMT.N) shareholders will vote in June at the company's annual meeting on electing an independent board chairman, after U.S. regulators rejected a request by the retailer to block the proposal.
Amazon.com Inc has won approval from U.S. federal regulators to test a delivery drone outdoors, as the e-commerce company pursues its goal of sending packages to customers by air, even as it faces public concern about safety and privacy.
Washington state lawmakers are considering imposing a steep tax and other restrictions on the sale of e-cigarettes, legislation the bill's sponsor said on Wednesday would be the toughest in the nation.
Trade associations representing large U.S. Internet service providers are expected to take the lead in suing the Federal Communications Commission over its new web traffic regulations, according to several people familiar with the plan.
Lifting a 40-year-old U.S. ban on crude exports would create a wide range of jobs in the oil drilling supply chain and broader economy even in states that produce little or no oil, according to a report released on Tuesday.
The United Steelworkers union and oil companies have reached a tentative deal to end the largest U.S. refinery strike in 35 years, the labor group and people familiar with the negotiations said on Thursday.
