TORONTO (AP) ” U.S.-based electronics retail giant Best Buy Co. is laying off 500 full-time and 1,000 part-time employees in Canada as it consolidates operations.The Richfield, Minnesota-based company also announced Saturday that…
Americans cling to claims for property seized by Cuba
OMAHA, Nebraska (AP) ” The smell of Cuban coffee drifts from the kitchen as Carolyn Chester digs through faded photos that fill boxes spread across the dining table.Friends linked arm-in-arm on a Cuban beach.Men in suits and women…
Jury rejects woman's bias claims against Silicon Valley firm
SAN FRANCISCO (AP) ” A discrimination lawsuit that put a spotlight on gender balance and working conditions for women at Silicon Valley firms ended with a jury rejecting the female plaintiff’s claims.The jury of six men and six…
Bernard Hickey: Deflation denial starts to hurt
On the face of it, there’s everything to love about deflation and nothing to hate.For consumers, falling prices seem unequivocally good, particularly if shoppers’ wages and house prices are rising.It means that any income growth…
Future Shop stores close in Canada, some becoming Best Buys
TORONTO (AP) ” U.S.-based electronics retail giant Best Buy Co. is closing its 131 Future Shop stores across Canada and will re-open 65 of them under the Best Buy banner in a bid to bolster business.Company spokesman Thierry Lopez…
Albania gets 266-million-euro loan from World Bank
TIRANA, Albania (AP) ” The World Bank has lent 266 million euros ($289.6 million) to Albania for its public finances and investment in road maintenance.A statement from the bank Saturday said that 200 million euros would be used…
Brazil joining Beijing-backed infrastructure investment bank
SAO PAULO (AP) ” Brazil says it has accepted China’s invitation to join a Beijing-backed international infrastructure bank.A short statement emailed by the presidential office on Saturday says the Brazilian government “accepted…
Poland's LOT orders 2 crew in cockpit through entire flights
WARSAW, Poland (AP) ” Poland’s state airline LOT says it has ordered at least two authorized crew members in the cockpit at all times on all flights, effective immediately.LOT said it introduced the measure Friday night, on a recommendation…
Chinese president promotes regional vision at Boao Forum
BOAO, China (AP) ” Chinese President Xi Jinping argued Saturday for strong China-led efforts to promote Asian economic and political cooperation while opening a major regional economic conference.Xi delivered the keynote address…
Don't be afraid of the big, bad Google
Remember when everyone used to be scared of Microsoft and the hammerlock it seemed to have on the entire computing business?Throughout the 1990’s and into the early 2000’s, Microsoft was accused of using its dominance of the software…