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Top News: Business

Lockheed Martin monitoring employees, union activity at Walmart

Walmart has hired an intelligence-gathering team from Lockheed Martin, one of the biggest defense contracting companies in the world, to survey its employees and keep track of union activity, Bloomberg's Susan Berfield reports.

Op-Ed: Tobruk government may sabotage huge Glencore deal with NOC

Tobruk - Before the rebellion against Gadaffi, Libya was pumping 1.6 million barrels of oil a day. Now, it is pumping about one quarter of that amount with new problems constantly popping up.

Arrests of senator, bank CEO deepen Brazil corruption probe

Bras - Brazilian police on Wednesday arrested a senior ruling party senator and a billionaire investment banker in the ever-intensifying probe of a huge corruption network centered on state oil giant Petrobras.

Op-Ed: Steady but slow progress for the economy

Costco has an E. Coli problem. Nineteen people have been infected with E. coli in California, Colorado, Missouri, Montana, Utah, Virginia, and Washington. They have tracked the source to Costco’s rotisserie chicken salad.

Coca-Cola's chief science officer steps down

Coca-Cola's chief science and health officer is stepping down following an outcry about the company's funding to an anti-obesity group.

French entertainment industry wants $75 million in gov't aid

Paris - France's live entertainment industry was hard hit by the Paris terrorist attacks on November 13, and has demanded $50 million euros (US$75 million) in government aid to help in getting past the crisis.

Pfizer to buy Allergan for $160 billion

Pfizer is planning to buy Allergan for $160 billion. When the deal is completed, it will become the world's largest drug company.

Op-Ed: Pfizer to buy Allergan in $160 billion deal

Foreclosures and short sales dropped to 6 percent in October, down from 9 percent a year ago, and the lowest level since the National Association of Realtors stared tracking distressed sales in October 2008.

Ajay Naik, revolutionising music education Special

Leicester - The Leicester-based founder of Echo Factory, the only music school in the Midlands that offers degree courses in music performance and in music business, chats to Digital Journal.

Op-Ed: The S&P 500 index gained 3.3% for the week

Since 1987, DJIA has logged gains in 22 of 28 years from the close on Friday after Thanksgiving to year-end. The S&P 500 is up 0.5 percent in November and 1.5 percent thus far in 2015. There are 28 trading days remaining in 2015.

Op-Ed: Data scientists identify influential consumers who increase sales

New York - Data scientists have identified a new group of influential consumers who can increase sales for any business. This group of consumers use emotions to influence brand loyalty with others.

Carlos Slim only real contendor for $13B Mexico City airport bid

Mexico City is in desperate need of a new airport, and the flailing project may have found a savior in Carlos Slim. This could leave other infrastructure companies out in the cold, but it may give the city the best chance of meeting its 2020 deadline.

Op-Ed: Nice little planet — Financial review

The Federal Reserve published the minutes of the last FOMC meeting and earlier today, 3 more Fed policymakers said they support a rate hike in December.

The future of Coca-Cola's business is not its signature drink

Coke wants customers to realize that it is much more than its namesake soda. The company announced Wednesday it will be begin selling a carbonated-version of the brand Smartwater this month.

Op-Ed: Inflation rates may rise soon — Financial review

You’re not just imagining it. Prices are going up, except for commodities. And the price of energy has an oversized influence on the annual inflation rate.

Freeing Africans from tyranny one phone at a time Special

In Africa, where roads are often impassible and conflict has put whole swaths of territory off-limits, the Internet is playing a pivotal role in bringing people together.

Op-Ed: Paris, its effect on financial markets, and the S&P 500

The response in the US has been to fly French flags at football games. The NYSE and NASDAQ observed a minute of silence at 9:25 AM Eastern, before the opening bell.

Warnings issued about Canadian housing market

Ottawa - Canada Mortgage and Housing Corp.(CMHC) released an unsettling picture of what could happen if there were a severe correction in the Canadian housing market.

China's new Silk Road: boom or dust for Pakistan?

- A glossy highway and hundreds of lorries transporting Chinese workers by the thousands: the new Silk Road is under construction in northern Pakistan, but locals living on the border are yet to be convinced they will receive more from it than dust.
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