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Sears among companies helping military families

The White House is partnering with Wal-Mart Stores Inc., Sears Holdings Corp. and Siemens AG to help struggling military families find jobs as part of an initiative partially overseen by Gen. Stanley A. McChrystal.

Each company will offer different services for military spouses and veterans as part of an initiative–called Joining Forces–formally launched Tuesday by President Barack Obama, First Lady Michelle Obama, Vice President Joe Biden and Dr. Jill Biden. Get the full story »

Nokia Siemens wants new terms for Moto deal

Network equipment vendor Nokia Siemens Networks is seeking to renegotiate its $1.2 billion acquisition of network equipment assets from Motorola Solutions Inc., Bloomberg news agency says Tuesday citing “two people close to the situation”. Get the full story »

2.2M circuit breakers recalled over fire risk

Siemens AG has recalled about 2.2 million circuit breakers that could cause fires, the company and the U.S. Consumer Product Safety Commission said.

The electronics company recalled Siemens and Murray 15- through 50-amp single- and double-pole circuit breakers, load centers and meter combos. The circuit breakers have date codes of 0610 or 0710, and the load centers and meter combos have date codes from June through Augugust 2010. They were sold at hardware and home-improvement stores such as Home Depot Inc. and Lowe’s Cos. Get the full story »