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Wal-Mart Purchases Remaining Stake in Chinese Online Retailer Yihaodian

The world's biggest retailer had owned a 51% stake. Now it plans to invest more in China.

Walmart Expands Investment in China E-Commerce Through Yihaodian

Walmart (WMT) is boosting its investment in Chinese e-commerce by purchasing the remaining stake in online retailer Yihaodian.

New York Boosts Fast-Food Minimum Wage to $15 to Aid Economy

New York's fast-food workers are getting a pay raise to $15 an hour, up from $8.75, in a move driven by Gov. Cuomo to help the economy.

FCC Chairman Recommends Approval of AT&T-DirecTV Deal

AT&T's proposed acquisition would create the largest pay-TV company in the country.

Boeing Top Views on Strong Commercial Airlines Business

The stock is higher after the company reported better-than-expected earnings and revenue.

What New York City's Fast Food Minimum Wage Increase Means For Workers

New York City fast food workers are getting a pay raise after the state's wage board approved a new minimum hourly pay of $15, up from $8.75.

AT&T's $48.5 Billion DirecTV Deal Gets Closer to Approval by FCC

AT&T's (T) proposed $48.5 billion deal to buy DirecTV (DTV) is advancing as Federal Communications Commission chairman Tom Wheeler has recommended that his colleagues vote to approve the merger.

Boeing Shares Take Off on Better-Than-Expected Quarterly Results

Shares of Boeing (BA) rose on Wednesday after the company reported quarterly results that soared past analysts' expectations.

Apple Ships 4.2M Watches in Q2 According to One Wall St. Firm

Apple (AAPL) shipped 4.2 million Watches in the second quarter, becoming the top vendor of wearable bands in the world, according to estimates by Canalys.

U.S., Cuba Restore Full Diplomatic Ties, but Island's Not 100% Open for Business

The U.S. and Cuba re-opened embassies in each other's capitals Monday, restoring full diplomatic relations for the first time since they were cut off during the Cold War in 1961.

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