By Nandita Bose CHICAGO (Reuters) – A retailer-backed rival to Apple Inc’s Apple Pay mobile wallet will be tested with customers in a handful of stores in the next few weeks, ratcheting up competition in an increasingly cluttered market. CurrentC was developed by a consortium of retailers under the Merchant Customer Exchange, which includes Wal-Mart Stores Inc, Target Corp and Best Buy Co Inc. The mobile wallet will appear in
Chinese consumers may spend less on luxury with the devaluation of the yuan China’s devaluation of its renminbi is intended to boost the country’s slouching trade, but the impact of the altered exchange rate will likely extend to the luxury industry. Following the announcement of the steepest decline in the yuan in the past decade, hard luxury goods companies and automakers such as BMW, Swatch Group and LVMH saw their
Chinese consumers may spend less on luxury with the devaluation of the yuan China’s devaluation of its renminbi is intended to boost the country’s slouching trade, but the impact of the altered exchange rate will likely extend to the luxury industry. Following the announcement of the steepest decline in the yuan in the past decade, hard luxury goods companies and automakers such as BMW, Swatch Group and LVMH saw their
Sure, long-distance relationships (LDRs) are full of challenges. But reuniting after an LDR comes with its own set of tests.
NEW YORK (AP) — “Shark Tank” cast member Kevin O’Leary will be a celebrity judge for this year’s Miss America pageant, along with Taya Kyle, widow of “American Sniper” author Chris Kyle, and snowboarder Amy Purdy.
Federal Reserve policies can benefit U.S. labor markets but cannot alone solve the so-called skills mismatch between workers and employers, New York Fed President William Dudley said on Wednesday. Dudley, in prepared remarks, stressed the need for companies to invest in workforce development to better prepare employees for new technologies on factory floors and other workplaces. The Fed has kept interest rates near zero for six and a half years
ANKARA, Turkey (AP) — Turkey’s military says Kurdish rebels attacked a military outpost in southeast Turkey, triggering a clash that left a soldier and two militants dead.
By Michael Martina BEIJING (Reuters) – American business groups are lobbying U.S. President Barack Obama to press Chinese counterpart Xi Jinping on technology protectionism concerns during Xi’s upcoming U.S. visit, according to a letter addressed to Obama seen by Reuters. In the letter dated Aug. 11, 19 U.S. business lobbies including the American Chamber of Commerce in China and U.S. Chamber of Commerce, and sector-focused groups including the National Association
Chinese consumers may spend less on luxury with the devaluation of the yuan China’s devaluation of its renminbi is intended to boost the country’s slouching trade, but the impact of the altered exchange rate will likely extend to the luxury industry. Following the announcement of the steepest decline in the yuan in the past decade, hard luxury goods companies and automakers such as BMW, Swatch Group and LVMH saw their
BIRCH RUN, Mich. (AP) — Donald Trump says his campaign is prepared to lay out specific policy plans. He’s just not ready yet.
