Business

Business Pay raises, store spruce-ups crimp Wal-Mart's profit Pay raises, store spruce-ups crimp Wal-Mart's profit
Wal-Mart's second-quarter earnings report was a mixed bag: Its investments to overhaul its stores are helping to perk up sales, but they're causing more pain to the bottom line than expected.
Business Target reaches deal to settle breach claims with Visa Target reaches deal to settle breach claims with Visa
Target has reached a deal to pay up to $67 million to settle Visa claims related to a massive 2013 data breach that resulted in the theft of millions of debit and credit card numbers.
Business U.S. homebuilder sentiment improves in August U.S. homebuilder sentiment improves in August
U.S. homebuilders grew slightly more optimistic about the housing market in August, putting their confidence at levels last seen a decade ago during the debt-fueled housing boom.
Business Foreign companies around Tianjin blast suspend operations Foreign companies around Tianjin blast suspend operations
Foreign companies have suspended operations around the Tianjin port as officials scramble to contain the toxic fallout of last week's deadly chemical explosions, which dealt a blow to northern China's emerging economic hub.
Business IMF: China is managing transition to more stable growth IMF: China is managing transition to more stable growth
The International Monetary Fund delivered a reassuring economic assessment of China on Friday, at the end of a week that saw the Chinese currency plummet and global stock markets buckle at the prospect of more bad news from the world's second-biggest economy.