Walmart, which employs more workers than any other American business, plans to add 10,000 U.S. jobs this year. The job growth will represent less than 1% of the company's current American workforce of about 1.5 million people.
DAVOS, Switzerland—Chinese President Xi Jinping's strong defense of globalization at a speech at the World Economic Forum was depicted here as an effort to fill a vacuum being created by the U.S.
Income inequality is so now lopsided that eight men now own the same amount of wealth as the poorest half of the world. A top corporate CEO earns as much in a year as 10,000 garment factory workers in Bangladesh.
The U.K.'s FTSE 100 Index of megacaps extended declines as Prime Minister Theresa May said the Brexit deal will be put to a vote in Parliament, while a gauge of midcaps pared losses.
Chinese search giant Baidu has named former Microsoft business group head Qi Lu as its COO and group president. Until last September Lu was head of Microsoft's Applications and Services Group, where he managed products including Microsoft Office ...