Tag "3"

June 24, 2015 MONEY (MSM)

Wal-Mart to impose charges on suppliers as its costs mount

It was unclear how much money Wal-Mart would receive as a result of the changes. For instance, Wal-Mart is seeking to charge a food supplier 10 percent of the value of inventory shipped to new stores and to new warehouses, both one-time charges, and 1 percent to hold inventory in existing warehouses, according to a copy of amended terms seen by Reuters.

June 24, 2015 MONEY (MSM)

U.S. Stocks Fluctuate After Nearing Record Amid Greek Talks, GDP

U.S. stocks fluctuated, after two days of gains brought equities near a record Tuesday, as Greek debt talks dragged on and investors weighed data on the U.S. economy. Monsanto Co. dropped 4.3 percent as it plans to cut costs amid low crop prices. Staples Inc. and Office Depot Inc. fell more than 2.2 percent on concerns about regulatory approval for their merger.

June 24, 2015 MONEY (MSM)

Greek freak out; GDP in focus; Ikea boosts wages

Now it’s a Greek freak out. Stocks falling on word creditors have nixed the latest proposal by Greece to deal with its financial woes. Plus, the U.S. economy didn’t stumble as much as we thought in the first quarter. And building a better workforce. Ikea boosts pay after seeing higher salaries improved business.