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  • Look ahead for Wednesday, September 20th

    Here's Myles Udland with a look ahead at what will be making headlines on Wednesday.

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  • Business
    Associated Press5 hours ago

    Walmart to offer extra holiday hours for current workers

    Walmart won't be doing large-scale holiday hiring at its stores this year. Instead, like last year, it will offer extra hours to its current workers. The nation's largest private employer says, however, that it will be taking on more temporary workers at its distribution centers.

  • Toshiba Agrees to Sell Memory Chip Unit to Bain Group: Source
    Business
    Bloomberg5 hours ago

    Toshiba Agrees to Sell Memory Chip Unit to Bain Group: Source

    Toshiba Corp.’s board has agreed to sell its chip unit to a group led by Bain Capital, with the assurance that the buyout firm will complete a deal regardless of legal challenges from Western Digital Corp., according to people familiar with the matter. The Bain consortium includes financial support from Apple Inc., Dell Inc. and several other companies, said the people, asking not to be identified because the matter is private. Toshiba also plans to invest about 350 billion yen ($3.1 billion) alongside the U.S. buyout firm, they said. The Bain-led group was identified as a preferred bidder almost three months ago, but the process has been delayed by lawsuits, government opposition and corporate

  • A German grocery store that's invaded the US is a bigger threat to Walmart, Kroger, and Target than anyone thought
    Business
    Business Insider2 days ago

    A German grocery store that's invaded the US is a bigger threat to Walmart, Kroger, and Target than anyone thought

    According to a recent note by equity research firm Jefferies, there's evidence that mass-market retailers like Target are now lowering prices to compete with Lidl, which has 10,000 global stores but just came to the US.