Ericsson to Cut 3000 Jobs in Sweden as Network Demand Wanes

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Ericsson to Cut 3000 Jobs in Sweden as Network Demand Wanes

For a Bloomberg Gadfly analysis of Ericsson's challenges, click here. As it cuts back, Ericsson said it needs to shore up its abilities in emerging areas
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LVMH buys 80 pct of German luggage group Rimowa

PARIS Oct 4 French luxury group LVMH said on Tuesday it had reached a deal to buy 80 percent of German high-tech luggage maker Rimowa for 640 million euros ($716.16 million).
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U.S. Index Futures Little Changed as Investors Assess Hike Odds

U.S. stock-index futures were little changed as investors assessed the odds of the Federal Reserve judging the world's biggest economy strong
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Wal-Mart rejects settlement with US over alleged bribery: Bloomberg

Wal-Mart rejects settlement with U.S. over alleged bribery: Bloomberg. People passes by a sign welcoming to a Wal-Mart store in Monterrey, Mexico,
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Mall of America: We're staying closed on Thanksgiving

Mall of America, the nation's largest shopping mall anchored by Macy's, H&M and others, has taken a stand against the growing trend of Thanksgiving shopping and will be closed on the turkey feast this year.
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