Retail industry

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Can Jack Ma, Asias richest man, create 1m jobs in the US?

The founder of Alibaba, one of the worlds biggest online retailers, made the promise at a pre-inauguration meeting with Donald Trump Jack Ma was destined to live an ordinary life. He failed the Chinese university entrance exam several times before being accepted by the worst school in Hangzhou, and he was rejected from a dozen

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Walmart ordered to pay truck drivers $54m in minimum wage suit

Verdict in favor of California employees opens up the retail giant to penalties that could push the total amount owed to more than $150m, lawyers said Walmart intentionally failed to pay hundreds of truck drivers in California the minimum wage, a federal jury decided Wednesday, awarding the drivers $54m in damages and opening up the