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Business and Economic News

FCC approves net neutrality rules for 'Open Internet'

FCC approves net neutrality rules for 'Open Internet'

The FCC approved the policy known as net neutrality by a 3-2 vote, with FCC Chairman Tom Wheeler saying the agency will ensure that no entity 'should control free open access to the Internet.'

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Net neutrality vote: Here's what you need to know

Net neutrality vote: Here's what you need to know

The Federal Communications Commission is set to vote on whether to reclassify the Internet as a utility. If it votes yes, the commission will not allow Internet service providers to throttle traffic.

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Target won't budge on employee pay

Target won't budge on employee pay

Target executives say the retailer won't follow Walmart and the parent company of TJ Maxx and Marshalls and raise employees' pay. Target's wages are competitive, CEO Brian Cornell said.
by Matt Sepic

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Tips at center of new fight over minimum wage

A bill that would create a lower minimum wage for some tipped workers passed out of a Minnesota House committee this week.

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Canadian retreat drives Target 4Q loss; analysts see brighter signs

Canadian retreat drives Target 4Q loss; analysts see brighter signs

The Minneapolis retail giant reported an overall net loss of $2.6 billion for the quarter ended Jan. 31 but said it was pleased by its sales numbers during the holiday shopping season.
by Martin Moylan

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