Business

Business

Walmart to offload 570 office workers onto outside firm

BENTONVILLE, Ark. (AP) — Walmart Inc. is transferring 570 finance and accounting employees at its Arkansas headquarters to an outside company that will help manage part of the retailer's financial operations.

New York-based Genpact will hire all the workers who wish to make the move and will keep them in Bentonville, where Genpact is leasing a building on Walmart's campus.

Ford buys electric-scooter-sharing company Spin

NEW YORK (AP) — Ford Motor Co. has bought an electric-scooter-sharing company, expanding its presence in alternative modes of transportation.

The century-old automobile company announced its acquisition of Spin, a San Francisco-based dockless scooter-sharing company, on Wednesday.

Google reforms sexual misconduct rules

SAN FRANCISCO (AP) — Google is promising to be more forceful and open about its handling of sexual misconduct cases, a week after high-paid engineers and others walked out in protest over its male-dominated culture.

China's exports to U.S. tick up as traders try to beat tariffs

BEIJING (AP) — Growth in Chinese exports to the United States ticked up in October as traders rushed to beat a new tariff hike in a battle over Beijing's technology policy.

Foldable screens getting push as next big thing for phones

SAN FRANCISCO (AP) — For the past few years, the smartphone industry has been searching for a breakthrough to revive a market mired in an innovation lull and a sales slump. A potential catalyst is on the horizon in the form of flexible screens that can be folded in half without breaking.

AG seeks default judgment against Suburban Express, accuses it of stalling

CHAMPAIGN — Illinois Attorney General Lisa Madigan is seeking a default judgment against Champaign-based Suburban Express and is accusing the bus company of stalling.

Madigan sued the bus company and its owner, Dennis Toeppen, in April for alleged discrimination and harassment of his customers, with the goal of getting the company to follow the law or go out of business.

BMW earnings fall amid market disruptions

FRANKFURT, Germany (AP) — Germany luxury automaker BMW said Wednesday that its net profit fell 24 percent in the third quarter as the company spent more on new technology and faced market disruptions due to other companies failing to get vehicles certified in time for new European Union emissions tests.

Papa John's still struggling after founder's departure

Papa John's continues to struggle with the fallout from its founder's noisy departure, but its CEO says a new ad campaign is helping turn things around.

The pizza chain said Tuesday it lost $13 million in the third quarter, a 160 percent decline from the July-September period a year ago.

Amazon says it now might built its second HQ in two cities

NEW YORK (AP) — After a yearlong search for a second home, Amazon is now reportedly looking to build offices in two cities instead of one, a surprise move that would still have a major impact on wherever it ultimately selects.

China grants Trump family 18 trademarks in 2 months

SHANGHAI (AP) — The Chinese government granted 18 trademarks to companies linked to U.S. President Donald Trump and his daughter Ivanka Trump over the last two months, Chinese public records show, raising concerns about conflicts of interest in the White House on the eve of national elections.

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