Walmart to expand digital operations in Sunnyvale

Walmart-mobile-nb

Walmart plans to hire hundreds of tech workers as it expands its Global eCommerce unit in Silicon Valley…

AT&T agrees to buy DirecTV in $48.5B deal

(AP)

AT&T Inc. agreed to buy satellite TV provider DirecTV for $48.5 billion, or $95 per share…

San Francisco area prices up from last year

money-lending-nb

Prices in the San Francisco area are up 2.8 percent over the past year, according to the U.S. Department of Labor…

Quanta settles wage lawsuit

court-nb

Quanta agrees to pay over $3.8 million to settle a wage lawsuit…

China’s April inflation eases to 1.8 percent

(AP)

China’s inflation eased in April, giving the government more leeway if needed to stimulate the slowing economy…

Analyst says California faces $340 billion in debt

Economy

A new report says California state government faces $340 billion in debts, or more than $8,500 for each resident…

Applications for US unemployment aid falls

unemployment-nb

The number of Americans seeking unemployment benefits fell 26,000 last week to 319,000….

Ukraine unrest boosts London’s housing market

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A penthouse in London, apparently sold to a Russian buyer for 225 million U.S. dollars…

Office Depot plans to close at least 400 US stores

office-depot-nb

Office Depot is planning to close at least 400 U.S. stores, as its merger with OfficeMax resulted in an overlap of retail locations…

Target’s Chairman and CEO out in wake of breach

Gregg Steinhafel nb

Target’s massive data breach has now cost the company’s CEO his job….