Wal-Mart Shops Brazil Unit Stake to Advent, Other Funds: Sources

SAO PAULO (Reuters) – Wal-Mart Stores Inc (WMT.N) is in talks with buyout firm Advent International Corp and other funds to sell a major stake in its Brazilian operations, two people with direct knowledge of the matter said on Sunday. Wal-Mart is being advised by Goldman Sachs & Co, according to one of the sources […]

Liberals Quietly Tap Experts to Craft New Paternity Leave Policy in Coming Year

  OTTAWA — Shortly before the 2015 election, a group of Liberal policy advisers took a long look at how to create dedicated leave for new fathers — but once in office, opted instead for allowing all new parents extra time off without an increase in benefits. Now, after that plan received a cool reception, […]

Audi Smart Home Battery Grid Creates a ‘Virtual Power Plant’

Audi isn’t going to let rival automakers like BMW and Tesla corner the market on home batteries. The German badge is testing a Smart Energy Network where solar-powered batteries not only help your home minimize use of the electrical grid, but talk to each other. The result is, as Audi put it, a “virtual power […]

‘Forest Skating’ is the Coolest New Winter Workout

As temperatures drop, fitness junkies know that there’s only so many gym workouts one can squeeze in before cabin fever hits, and dreams of spring begin. Fortunately, a hip new cold-weather workout has arrived just in time to beat the winter blues: forest skating. Better yet, it doesn’t cost a dime more than a pair […]

Why Retailers Don’t Mind Bigger Wage Bills

When a labor-intensive business like retail becomes more generous, do investors have cause for alarm? Last week, Walmart , WMT 0.28% America’s largest employer, announced plans to increase its minimum wage to $11 and provide a one-time cash bonus of $1,000 to eligible employees. It is one of nearly 200 companies, including major employers like […]

Canadian Veteran Reunited with Boy He Befriended in Bosnia Decades Ago

A Canadian veteran of the Bosnian war who reconnected with a local boy he met during the conflict says meeting him again and finding out he’s doing well two decades later has been one of the best experiences of his life. Justin Frye, who was posted in the war-torn area with the United Nations in […]

With Wehe, You Can Quickly Detect Net Neutrality Violations on Your Network

App Attack is a weekly series where we search the App Store and Google Play Store for the best apps of the week. Check out App Attack every Sunday for the latest. Last month, the Federal Communications Commission voted to reverse net neutrality regulations. The repeal means internet providers are one step closer to no […]

Will Anyone Rent This Apartment for $100,000 a Month?

It’s got three outdoor showers and a terrace that overlooks the Met. Pier Guerci, the former president of the U.S. division of Loro Piana, wasn’t ready to give up his Fifth Avenue penthouse apartment. He’d bought a warren of nine maid’s rooms on top of a prewar building in 2000, gutted the original layout, and […]

3 Stocks That Turned $7,000 Into $28,000

Investors just wrapped up a strong year during which the S&P 500 gained approximately 19%. A few individual stocks performed much better than that, logging gains of 80% or more. Zoom out to a wider time frame, and those returns get far more attractive. Just since early 2013, the S&P 500 has risen by 89%, […]