The poor numbers make it exceeding unlikely that the Fed will raise interest rates at its June meeting, which at one point had been a foregone conclusion for many analysts.
IBM discovers ‘Dyre’ bank transfer fraud scam
The fraud scheme has stolen roughly $1 million from U.S. bank accounts.
Walmart exec: Our stores aren’t good enough — seeks to increase market share
Walmart President Greg Foran has visited more than 100 stores and concluded that cleanliness, stocking, and management all need to improve.
Hope for Britain? Impressive growth in UK GDP tops 2008 levels
UK officials are keeping a close eye on interest rates as the economy continued its rousing streak of gains.
SeaWorld tries to stamp out killer whale criticism with bold new ad campaign
The “Ask Sea World” effort aims to counter claims from the “Blackfish” documentary and a new book that alleges the park mistreats its orcas.
Another 40,000 infected Minnesota turkeys to be killed
Now over 100,000 killed while H5N2 is detected in the West.
CRASH: BlackBerry sales plummet as CEO Chen looks to software to save them
Chen said that he expected the company’s growing software side to boost profits in the future, and sales would not dip below $500 million.
Stunning sell-off: Dow Chemical sells $5 billion chlorine business to Olin Corp.
Dow Chemical is making the move to focus on more profitable products, while Olin wants to become an industry leader in chlorine manufacturing.
1,000 Wells Fargo workers canned … and it’s a good sign for the economy?
The Milwaukee office handled home lending servicing, typically providing assistance to borrowers who had fallen behind in their payments.
Starbucks to experiment with delivery service
The effort is a further toward becoming a convenient, everyday brand.
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