By Anne D’Innocenzio The Associated Press NEW YORK The mobile payment wars are heating up. Wal-Mart Stores Inc., the world’s largest retailer, said it’s testing its own mobile payment system that will allow shoppers to pay with any major credit or debit card or its own store gift card through […]
National Business
The Associated Press LONG BEACH, Calif. The last C-17 Globemaster III built at a Southern California Boeing plant soared into history on Sunday with a flyover that marked the end of an era for the region’s once-thriving aerospace industry. The enormous cargo jet was cheered in Long Beach as if […]
Germany’s largest trade union IG Metall opening joint US office with United Auto Workers NASHVILLE Germany’s largest trade union is opening a joint office with the United Auto Workers in Tennessee to promote labour issues at German automakers and suppliers in the southern United States. Frankfurt-based IG Metall estimates that […]
By Ross Marowits The Canadian Press MONTREAL Resolute Forest Products is stepping up efforts to counter dwindling demand for paper by accelerating its entry into the North American tissue business. The Montreal-based company expects to become the continent’s 10th largest tissue maker ‚Äî joining Canadian rivals Cascades and KP Tissue […]
By Karin Laub The Associated Press AMMAN, Jordan Bold new ideas for helping Syrian refugees and their overburdened Middle Eastern host countries are gaining traction among international donors, shocked into action by this year’s migration of hundreds of thousands of desperate Syrians to Europe. Rather than struggling to gather humanitarian […]
By Verena Dobnik The Associated Press NEW YORK Sotheby’s is offering what experts consider the world’s most important private library of Hebrew books and manuscripts, collected by a London diamond dealer. The 11,000 items document life in the Jewish diaspora from Europe and Africa to Asia, spanning a millennium, Sotheby’s […]
By Danica Kirka The Associated Press LONDON It’s no fun being in the middle. Heineken, Molson Coors and Carlsberg are storied brewers that trace their roots back hundreds of years and have loyal drinkers around the world. But the merger of their two biggest competitors leaves such mid-size brewers without […]
By Jamey Keaten The Associated Press GENEVA An exceptionally large blue diamond sold Wednesday for 48.6 million Swiss francs ($48.5 million) ‚Äî a new record price for any jewel at auction, Sotheby’s said, culminating two Geneva auctions in which a convicted Hong Kong tycoon on both times bought a rare […]
By Mae Anderson The Associated Press NEW YORK Wal-Mart Stores says it is offering most of the same Black Friday “doorbuster” deals online and in stores for the first time and giving online shoppers an early jump on the sales. The world’s largest retailer is heading into the holiday season […]
By Mae Anderson The Associated Press NEW YORK It’s as red as Santa’s suit, a poinsettia or your neighbour’s ugly Christmas sweater. Yet Starbucks’ stark new holiday coffee cup has set off complaints that the chain is making war on Christmas. The outcry which gained in intensity after Donald Trump […]
By Ula Ilnytzky THE ASSOCIATED PRESS NEW YORK A painting by Amedeo Modigliani fetched $170.4 million at an auction Monday, setting a world record for the artist and achieving the second highest price ever garnered for a work of art at auction. “Reclining Nude” was sold at Christie’s in Manhattan […]
By Ula Ilnytzky THE ASSOCIATED PRESS NEW YORK Works by Amedeo Modigliani, Roy Lichtenstein and Paul Gauguin are poised to set artist auction records in a curated auction at Christie’s. The centerpiece of Monday’s sale is Modigliani’s “Reclining Nude,” which the auction house estimates will fetch in excess of $100 […]
