Wal-Mart Raises Wages, and Bitcoin Plunges on S. Korean Ban Talks

Wal-Mart announced it would raise its starting wage to $11 an hour, thanks to the newly passed tax reform. The company will also expand maternity and paternal leave benefits and give some employees a $1,000 one-time bonus. And South Korean regulators say they may ban trading in Bitcoin, sending the price of cryptocurrencies plunging. Officials raiding exchanges in the country over tax evasion. Plus we spoke to one of the original designers of the iPhone to get his thoughts on what Apple can do to stave off smartphone addiction. And Hyundai makes an investment in Singapore's Grab to get into the southeast Asian ride-hailing market

More In Business

Pumpkin Spice Helps Starbucks Posts Record Sales, but Growth May Moderate in Coming Year

Customers fell for Starbucks' fall menu in the fiscal fourth quarter, with Pumpkin Spice Lattes and apple croissants helping the company achieve record revenue.

Starbucks Beats Expectations in Latest Quarter

Starbucks Beats Expectations in Latest Quarter

Six Flags and Cedar Fair to Merge

Six Flags and Cedar Fair to Merge

Disney to Buy Comcast's Hulu Stake for Estimated $8.6B

Disney to Buy Comcast's Hulu Stake for Estimated $8.6B

Cedar Fair and Six Flags Will Merge to Create a Playtime Powerhouse in North America

Cedar Fair and Six Flags are merging to create an expansive amusement park operator with operations spread across 17 U.S. states and three countries.

Scarlett Johanssen Takes Action Against Lisa A.I. App

Actress Scarlett Johanssen accuses Lisa A.I. app of using her likeness in ads.

UAW Members at the First Ford Plant to Go on Strike Vote Overwhelmingly to Approve New Contract

Autoworkers at the first Ford factory to go on strike have voted overwhelmingly in favor of a tentative contract agreement reached with the company.

Uber and Lyft to Pay $328 Million in New York Wage Theft Settlement

Ride-hailing companies Uber and Lyft will pay a combined $328 million to settle wage theft claims in New York, Attorney General Letitia James announced Thursday.

Mini 'Mean Girls' Reunion for Walmart 'Black Friday' Ad

Lindsay Lohan and some of the cast from 'Mean Girls' reunited for a new Walmart 'Black Friday' ad.

World Leaders and Executives Meeting to Discuss A.I.

World leaders and top executives are meeting just outside of London on Wednesday and Thursday to address artificial intelligence concerns and risks. Cheddar News explains.

Load More