(This Jan. 18 story has been corrected to remove the reference to hourly wages in paragraph 1) (Reuters) - Walmart said on Thursday that it will raise the annual average salary and bonus for its U.S. store managers beginning Feb.1. Following the planned move, the...
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Business
Coinbase, SEC lock horns in US court over crypto securities
By Hannah Lang, Jody Godoy and Chris Prentice (Reuters) -A federal judge in Manhattan on Wednesday grilled Coinbase and the U.S. securities regulator about their divergent views on whether and when digital assets are securities, in a case closely watched by the...
Spirit Airlines extends slide as blocking of JetBlue merger fuels uncertainty
By Shivansh Tiwary (Reuters) -Shares of ultra-low-cost carrier Spirit Airlines fell 17% in morning trade on Wednesday, a day after a U.S. judge blocked the airline's planned $3.8 billion merger with rival JetBlue Airways. Spirit's stock shed nearly half of its market...