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Target raises hourly wage to $15 in US

Bloomberg Target Corp is raising its minimum hourly wage to $15 at a time when its workers are grappling with the dual impact of the pandemic and protests for racial equality that began in the chain’s hometown. The cheap-chic retailer will move to $15 an hour on July 5, fulfilling a pledge it made three years ago and providing about ...

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Tesco to sell Polish business to Salling

Bloomberg Tesco agreed to sell its business in Poland to Danish retailer Salling Group, as the UK’s largest supermarket operator focuses on its domestic market in a consumer landscape overturned by the coronavirus. The UK grocer said it expects proceeds of about 165 million pounds ($207 million) from the sale of 301 stores, as well as distribution centres and office ...

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Bolton book says Trump sought Xi’s 2020 vote help

Bloomberg Former National Security Advisor John Bolton writes in a new book that President Donald Trump asked Chinese leader Xi Jinping to help him win re-election by buying more US farm products, according to an excerpt published by the Wall Street Journal. The disclosure is part of a devastating portrayal of Trump’s conduct of foreign policy by Bolton, the most ...

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