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Exclusive: U.S. and Chinese labor groups collaborated before China Wal-Mart strikes

OUR Walmart, the American worker group, has taken the unusual step of collaborating with a group of Chinese Wal-Mart workers trying to fight work schedule changes and low wages. “They asked for our support,” said Cantare Davunt, OUR Wal-Mart's leader from Minnesota, who participated in the Skype call. The U.S. organization is keen to maintain the relationship with the WCWA and believes such partnerships can boost the clout of the retailer’s global workforce.

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Exclusive: U.S. and Chinese labor groups collaborated before China Wal-Mart strikes

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SoftBank to buy UK chip designer ARM in $32 billion cash deal

TOKYO/LONDON (Reuters) – SoftBank Group Corp has agreed to buy UK chip designer ARM Holdings PLC in a 24.3 billion pound ($32.2 billion) cash deal, the two sides said on Monday, a bold bet on internet-connected machines that will transform the Japanese group. ARM stands to be central to the …

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SoftBank to buy UK chip designer ARM in $32 billion cash deal

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ExxonMobil launches bidding war for InterOil in PNG gas push

ExxonMobil Corp has made a bid worth at least $2.2 billion for InterOil Corp and its stake in a rich Papua New Guinea gasfield, winning the support of its target and topping an offer from Australia's Oil Search Ltd. The bid pits ExxonMobil, the world's biggest oil company, against Total SA, which is backing Oil Search, as the French giant looks to push forward with its planned Papua LNG project to rival ExxonMobil's existing PNG LNG project. Oil Search…

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ExxonMobil launches bidding war for InterOil in PNG gas push

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New York investigating Exxon over climate statements: source

(Reuters) – The New York attorney general has launched an investigation into whether Exxon Mobil Corp misled the public and shareholders about the risks of climate change. Attorney General Eric Schneiderman subpoenaed the company on Wednesday evening, demanding extensive financial records, emails and other documents, a source familiar with the investigation said on Thursday. Exxon on Thursday said it was weighing a response to the subpoena.

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New York investigating Exxon over climate statements: source