As crackdown on illegal immigrants began, the phone at an organization in Austin that runs a deportation hotline is always ringing. The centre received more than 1,000 calls in three days by fearful immigrants who wanted information about the raids. They are a worried lot. Those who saw a friend or family was taken are scared by the raids. …

  About a decade ago, EBay Inc. made a legendary retreat from the Chinese auction business in the face of growing local competition. It was a defeat so humiliating that it became a business school case study. Since then, however, the Chinese e-commerce market has changed drastically — and so has EBay. As the company makes its return to the …

  Bank of England (BOE) policy maker Kristin Forbes suggested that the need to restrain inflation might “soon suggest an increase” is required in interest rates. The central bank’s latest survey of businesses, however, suggests weakening pay growth should persuade the bank to keep borrowing costs on hold. The bank’s regional agents regularly survey about 700 businesses around the U.K. …