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'Exhausted' Toys 'R' Us suppliers weigh options as huge retailer shuts

CHICAGO/NEW YORK When Toys 'R' Us secured a $3.1 billion bankruptcy loan in September, toy makers were reassured they would be paid for goods delivered to the company as it tried to emerge from Chapter 11. | Video

Recent Business News

Coca-Cola, U.S. State Dept to use blockchain to combat forced labor

NEW YORK Coca-Cola Co and the U.S. State Department along with two other companies said on Friday they are launching a project using blockchain's digital ledger technology to create a secure registry for workers that will help fight the use of forced labor worldwide.

Exclusive: Russia considers extra $17 billion bailout for two rescued banks - sources

MOSCOW Russia's central bank is considering pumping more than 1 trillion rubles ($17 billion) into two banks it first bailed out last year to shore up their balance sheets, three sources familiar with the discussion told Reuters.

Mar 16 2018

Former Qualcomm chairman Jacobs to exit board of directors

Qualcomm Inc on Friday said former executive chairman Paul Jacobs would not be renominated for the U.S. semiconductor company's board after Jacobs disclosed his intention to pursue a long-shot acquisition of the firm.

Mar 16 2018

Berkshire says median employee makes over half Buffett's pay

Berkshire Hathaway Inc on Friday said its median employee last year made a little over half the $100,000 salary that Chairman Warren Buffett was awarded for running the conglomerate that made him the world's third-richest person.

Mar 16 2018

Microsoft hits back at claims it ignored sexual harassment

SAN FRANCISCO A senior executive said Microsoft Corp thoroughly investigates issues raised by women in the workplace and fired about 20 employees last year over complaints of sexual harassment as the company seeks to counter claims that it treats female workers unfairly.

Mar 16 2018


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