Advertisement

Also

Share via

* Shareholders of Toys R Us Inc., the second-largest toy retailer, approved the company’s $6.6-billion sale to a private group that will probably rely on real estate sales and the company’s Babies R Us chain to recoup its investment.

* Alcoa Inc., the world’s largest aluminum producer, said it would eliminate about 6,500 jobs globally during the second quarter as part of a restructuring aimed at saving the company $150 million a year.

Advertisement