Starbucks Corp on Thursday said Chief Operating Officer Troy Alstead, who as finance chief helped lead the coffee chain's extensive restructuring a few years ago, is taking an extended unpaid leave to spend more time with his family.
Regions
Citigroup makes last-minute cut in year-end bonuses for traders
Citigroup Inc (C.N) this week cut its bonus pool for fixed-income and equity market traders after market revenues plunged during the last two weeks of the year, according to a person familiar with the matter.
20 states join U.S. antitrust probe of Family Dollar merger
Some 20 state attorneys general have joined the federal antitrust investigation of competing bids by Dollar General Corp (DG.N) and Dollar Tree Inc (DLTR.O) to buy Family Dollar Stores Inc (FDO.N), a development that potentially complicates the companies' efforts to win U.S. approval for a deal.
Oil hits April 2009 low, then pares loss on U.S. oil rig data
Global oil markets resumed their slide on Friday, with Brent and U.S. crude hitting April 2009 lows and ending down for a seventh straight week, although prices recovered from their lows after a sharp drop in the U.S. oil rig count.
U.S. payrolls rise solidly, but weak wages dim limelight
U.S. job growth increased briskly in December, but wages posted their biggest decline in at least eight years in a sign the tightening labor market has yet to give much of a boost to workers.
Latest News
Tripadvisor (TRIP.O) has agreed to acquire top Dutch online restaurant review and booking sites Iens, the companies said on Thursday, giving the travel website a leading position in the Netherlands.
Sony Corp will delay sales of the PlayStation 4 gaming console in China, originally scheduled for Jan. 11, due to "various factors", the company said in a statement on Thursday.
Activist-investor Starboard Value LP has reiterated that Yahoo Inc (YHOO.O) should consider a merger with AOL Inc (AOL.N) and cut costs to improve profits, spurred by media reports that Yahoo is exploring other large-scale acquisitions.
Google Inc (GOOGL.O) may be moving into the U.S. auto insurance market with a shopping site for people to compare and buy policies, an analyst said on Thursday, as it continues to shift its attention to the automotive industry.
China's transport ministry has banned taxi hailing apps such as Uber Technologies Inc and local rivals Kuaidi Dache and Didi Dache from using cars and drivers without taxi licenses in a bid to regulate the rapidly growing sector.
Apple Inc won the dismissal on Thursday of a lawsuit accusing it of defrauding consumers by selling MacBook laptop computers that contained "logic boards" it knew were defective, and which routinely failed within two years.
China's annual consumer inflation hovered at a near five-year low of 1.5 percent in December, signaling persistent weakness in the economy but giving policymakers more room to ease policy to support growth.
Asian stocks gained on Friday on upbeat expectations for the closely-watched U.S. jobs data while the euro continued to probe fresh nine-year lows against the dollar.
The Federal Reserve should leave short-term borrowing costs near zero for a seventh year in a row, a top Fed official urged on Thursday, citing sliding U.S. inflation and still-high unemployment.
