By Mariko Katsumura
MEIWA, Japan (Reuters) - When Costco Wholesale opened its warehouse in a rural Japanese town not far from Tokyo last year offering hundreds of jobs at eye-popping pay, a nearby noodle shop chain took a drastic step: it hiked hourly wages by a third.
It was an almost unthinkable decision for Yamada-udon, which sells 390-yen ($2.48) bowls of noodles and for which the slightest rise in cost requires acrobatic scrambling... (continue reading...)
By Andrea Shalal
WASHINGTON (Reuters) - Stand with Crypto, an advocacy organization for voters who own cryptocurrencies, saw its membership surpass 1 million on Wednesday, as crypto backers push politicians to create a new regulatory framework for the digital asset industry while averting more onerous compliance requirements.
Brian Armstrong, chief executive of Coinbase, an online platform for buying and selling crypto that helped launch... (continue reading...)
CAIRO (Reuters) - The Hamas-run Gaza government media office said at least 27 people were killed and dozens injured in a school housing displaced persons in Nuseirat in the central Gaza Strip.
There was no immediate confirmation by the health ministry, and Reuters could not immediately verify the announcement.
(Reporting By Ahmed Tolba, Nidal Al-Mughrabi and Ali Sawafta; Editing by Muralikumar Anantharaman)
(Reuters) - Bitcoin miner Riot Platforms said on Wednesday it has acquired ownership of 12% stake in rival Bitfarms Ltd..
The company bought around 1.5 million shares in Bitfarms on Wednesday at the price of about $2.45 per purchased share, it said in a statement.
Riot said, prior to this acquisition it beneficially owned about 11.63% of shares in Bitfarms.
The company said it intends to request a special shareholder... (continue reading...)
(Reuters) - Luxury fashion brand Chanel's creative director Virginie Viard is set to leave the company, fashion news website Business of Fashion reported on Wednesday.
"Chanel confirms the departure of Virginie Viard after a rich collaboration of five years as Artistic Director of Fashion collections, during which she was able to renew the codes of the House while respecting the creative heritage of Chanel, and almost thirty years within the House,"... (continue reading...)
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