Market analysts say the decision from Wal-Mart to increase 500,000 employees' wages in April is going to have a ripple effect on many industries and states.
Warren Buffett once wrote to shareholders of Berkshire Hathaway Inc. that if he, his partner Charles Munger and his deputy Ajit Jain were ever on a sinking boat and only one of them could be saved, �Swim to Ajit.
HONG KONG (Reuters) - More than 30 people were arrested as a group of about 400 demonstrators in Hong Kong clashed with police in the latest sign of tensions caused by China's influence in the city.
SINGAPORE (Reuters) - Oil fell about 1 percent on Monday after posting its first monthly rise since June, pressured by continued weakness in China's vast manufacturing sector and higher Libyan crude output.
BEIJING--An official gauge of China's manufacturing sector edged up in February but remained in contractionary territory for a second month in a row, official data showed.