Joe

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Target to Cut Several Thousand Jobs

Retailer says most of the job cuts will come from its Minneapolis headquarters<p>Target Corp. plans to lay off several thousand employees as Chief Executive Brian Cornell looks to get the retailer back on track and shoppers back in its stores.<p>Most of the job cuts will come from Target’s Minneapolis …

Google Wants to Make Wireless Airwaves Less Exclusive, Cheaper

Company backing FCC plan to free up large swath of inexpensive airwaves that anyone could use<p>Google Inc. wants to make the wireless industry less exclusive by facilitating the use of cheap airwaves to lower the barriers to entry, a top executive said Tuesday.<p>The comments by Google executive Milo …

Telecoms

Outflows Slow to $8.6 Billion at Pimco’s Total Return Fund

Monthly withdrawals fall to lowest level since departure of Bill Gross last fall<p>Investors pulled roughly $8.6 billion from Pacific Investment Management Co.’s flagship Total Return fund in February, the lowest amount of monthly withdrawals since the abrupt departure last fall of star manager Bill …

Kinder Morgan’s Oil Pipeline Plan Hits Mountain

Proposal to bore through Burnaby Mountain prompts protests, more regulatory scrutiny<p>By<p>Chester Dawson<p>Chester Dawson<p>The Wall Street Journal<p>Biography<p>@decodethefirm<p>BURNABY MOUNTAIN, British Columbia—Between Canada’s landlocked oil sands producers and their dreams of shipping millions of barrels of …

Kinder Morgan

China Corruption Crackdown Deals Macau a Rough Hand

Gambling revenue in Asia’s casino hub sank 49% in February<p>The slump at the world’s biggest casino hub deepened in February as gambling revenue in Macau plunged 49% from a year earlier, rocked by China’s crackdown on corruption.<p>The drop to 19.54 billion patacas ($2.45 billion) marks the …