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Trump travel ban stirs faint corporate outcry beyond Silicon Valley

NEW YORK/BOSTON (Reuters) – Most U.S. corporate bosses have stayed silent on President Donald Trump's immigration curbs, underscoring the sensitivities around opposing policies that could provoke a backlash from the…

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Trump travel ban stirs faint corporate outcry beyond Silicon Valley

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Oil slides as strong U.S. drilling activity weakens deal to cut output

By Karolin Schaps LONDON (Reuters) – Oil prices fell on Monday as news of another increase in U.S. drilling activity spread concern over rising oil output just as many of the world's oil producers are trying to comply with a deal to pump less in an attempt to prop up prices. The number of active U.S. oil rigs rose to the highest since November 2015 …

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Oil slides as strong U.S. drilling activity weakens deal to cut output

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Jobless claims rise to five-month high

WASHINGTON, Dec 1 (Reuters) – – The number of Americans filing for unemployment benefits rose more than expected last week, hitting their highest level in five months, but the underlying trend remained consistent with a strengthening labor market. Initial claims for state unemployment benefits increased 17,000 to a seasonally adjusted 268,000 for the week ended Nov. 26, the Labor Department said on Thursday. Despite the increase, claims remained below the 300,000 threshold, which is associated with a healthy…

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Jobless claims rise to five-month high

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U.S. crowds pick up slightly on Black Friday, online sales jump

U.S. online sales surged on Black Friday, with Amazon.com Inc offering the steepest discounts among e-commerce sites as it set the agenda for what has traditionally been the biggest shopping day of the year for brick-and-mortar retailers. In-store shopping began to pick up in the afternoon, but the increase in customer traffic paled in comparison to the jump in online sales, analysts said. The National Retail Federation has said it expects total…

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U.S. crowds pick up slightly on Black Friday, online sales jump

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Verizon, unions agree to pay raises, new jobs to end strike

One analyst called the deal “very rich” for workers at Verizon, the No. 1 U.S. wireless provider, which reached the tentative pact with the Communications Workers of America (CWA) on Friday. The CWA said Verizon agreed to provide a 10.9 percent raise over four years while Verizon put the increase at 10.5 percent. According to the CWA, both numbers are correct, with the union's

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Verizon, unions agree to pay raises, new jobs to end strike