Olivier Sauser

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Costco faces a lawsuit alleging it knew about slavery practices in supply chain

Three California law firms have filed a class-action lawsuit against Costco and CP Foods, its Thai seafood supplier, and are seeking an injunction to …

The Race to the $1 Million Parking Spot

As parking in major cities becomes scarce, developers are charging record prices for parking spaces in luxury condominiums<p>By<p>Candace Jackson<p>Candace Jackson<p>The Wall Street Journal<p>Biography<p>@candacejackson<p>Candace.Jackson@wsj.com<p><b>Buyers of luxury condos</b> have a new place to park their cash: in their …

San Francisco

How Google’s Networking Infrastructure Has Evolved Over The Last 10 Years

Google today announced that it wants to fix your home Wi-Fi, but internally, it has long been working on far more complex networking issues. To connect the hundreds of thousands of machines that make up a Google data center, you can’t just use a few basic routers and switches. So to manage all the …

Networking

LinkedIn Built Its New App to Replace Your Office Directory

LinkedIn is taking its "multi-app strategy" to heart.<p>LinkedIn is known for connecting people in the same industry. Now, it wants to connect people within the same company, too.<p>The professional network rolled out a new app on Tuesday called LinkedIn Lookup, which is essentially an online company …

Alibaba-Backed Paytm Can Now Offer Banking Services In India

Eleven companies, including Alibaba-backed Paytm and several telecoms, can now offer a wide array of financial services after being granted provisional approval by the Reserve Bank of India, the country’s central banking authority.<p>Paytm, telecoms Bharti Airtel, Reliance, and Vodafone, and India …

Singapore Online Grocer RedMart Raises $26.7M Ahead Of Southeast Asia Expansion

RedMart, an online grocery service in Singapore, has closed a ​$26.7 million round in preparation for an upcoming Series C which will be used to expand across Southeast Asia.<p>The round was led by existing investors Garena, SoftBank Ventures Korea, Visionnaire Ventures, and Facebook co­-founder …

Germany raises estimate on refugee arrivals to 800,000 this year

A record 800,000 asylum seekers and refugees are expected to arrive in Germany this year, four times as many as last year and more than double the number forecast in January, the government has said.<p>Germany, which has criticised its European Union partners for not doing more to help people fleeing …

Three Firefighters Killed in Washington as Wildfires Spread Across West

U.S. news<p>Three firefighters were killed and four others injured in central Washington Wednesday battling one of the more than 100 wildfires burning across at least 1.1 million acres in the West, authorities told NBC News.<p>The fatalities occurred when winds shifted unexpectedly near the towns of …

Co-Op Bank- still more challenged than challenger

2015-08-20T07:20:36.000Z<p>By: Michael Hunter<p>Sign up for the full pre-market email briefing<p><b>Co-op Bank</b> has reported an improved Common Equity Tier One – …

Radio hosts tell woman live on air her husband had Ashley Madison account

Australian radio station Nova FM’s breakfast duo Fitzy and Wippa tell woman her husband’s email address was registered with website for casual affairs<p>Radio listeners have responded with anger after a Sydney woman was told live on air that her husband was registered with the Ashley Madison website …

Fogle to plead guilty to sex acts with minors, child porn

Former Subway pitchman Jared Fogle leaves the Federal Courthouse in Indianapolis, Wednesday, Aug. 19, 2015 following a hearing on child-pornography charges. Fogle agreed to plead guilty to allegations that he paid for sex acts with minors and received child pornography in a case that destroyed his …

California Drought: Valley Land Sinking Faster as Groundwater Is Pumped

Environment<p>Parts of the San Joaquin Valley in Central California are sinking faster than ever due to excessive groundwater pumping as the state deals with a devastating drought, a NASA report released on Wednesday said. Some areas are experiencing nearly 2 inches (5 cm) of sinking per month, a …

Water