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U.S. labor market on solid ground as jobless rate hits eight-year low
February 6, 2016 by publisher · Leave a Comment
U.S. employment gains slowed more than expected in January as the boost to hiring from unseasonably mild weather faded, but rising wages and an unemployment rate at an eight-year low suggested the labor market recovery remains firm. Non-farm payrolls increased by 151,000 jobs and the unemployment rate slipped one-tenth of a
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U.S. labor market on solid ground as jobless rate hits eight-year low
China says EU should take steel dumping claims to WTO
February 6, 2016 by creative · Leave a Comment
China's Ministry of Commerce said that claims it was dumping steel in Europe should be put to the World Trade Organization (WTO), responding to reports that the European Commission (EC) was preparing to impose duties on imported Chinese steel. WTO members should fulfill their treaty obligations and stop using “surrogate countries” to pursue anti-dumping claims, a Ministry of Commerce spokesman said, according to a statement released on the ministry's website on Saturday. The EC is set to impose provisional duties later this month of up …
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China says EU should take steel dumping claims to WTO
Technology vs. Promotions: Who Wins?
February 4, 2016 by admin · Leave a Comment
As Americans, perhaps the only thing we love more than our football is our pizza. And on Sunday, those two loves will intersect in perfect gluttonous harmony during Super Bowl 50 for what's not only the biggest date on the NFL calendar, but the biggest day of the year for pizza delivery, to boot. Just like pro football, there's a lot of dough…
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Technology vs. Promotions: Who Wins?
El-Erian: Markets front-run Fed in tightening financial conditions
February 4, 2016 by admin · Leave a Comment
By Jennifer Ablan NEW YORK (Reuters) – Mohamed El-Erian, the chief economic adviser at Allianz SE , said on Thursday that with volatility rising, the markets effectively have served as front-runners to the Federal Reserve…
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El-Erian: Markets front-run Fed in tightening financial conditions
El-Erian: Markets front-run Fed in tightening financial conditions
February 4, 2016 by publisher · Leave a Comment
By Jennifer Ablan NEW YORK (Reuters) – Mohamed El-Erian, the chief economic adviser at Allianz SE , said on Thursday that with volatility rising, the markets effectively have served as front-runners to the Federal Reserve in tightening global financial conditions. “I doubt we will see the four rate hikes signaled a few weeks ago by Fed officials,” El-Erian said. “Two hikes are likely, if not less.” William Dudley, president of the Federal Reserve Bank of New York, said on Wednesday that financial conditions have tightened considerably…
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El-Erian: Markets front-run Fed in tightening financial conditions
Viacom names CEO Dauman as chair as Redstone exits; daughter protests
February 4, 2016 by creative · Leave a Comment
By Jessica Toonkel NEW YORK (Reuters) – Viacom Inc's board of directors named Chief Executive Officer Philippe Dauman as executive chairman, replacing majority owner Sumner Redstone, overriding calls for an independent board chief from Redstone's daughter, who voted against Dauman. Viacom announced on Thursday that the ailing 92-year-old Redstone was becoming chairman emeritus, a day after CBS Corp said Redstone, also the CBS majority owner, was stepping down as executive chairman and being …
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Viacom names CEO Dauman as chair as Redstone exits; daughter protests
Viacom names CEO Dauman as chair as Redstone exits; daughter protests
February 4, 2016 by elegant · Leave a Comment
By Jessica Toonkel NEW YORK (Reuters) – Viacom Inc's board of directors named Chief Executive Officer Philippe Dauman as executive chairman, replacing majority owner Sumner Redstone, overriding calls for an independent board chief from Redstone's …
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Viacom names CEO Dauman as chair as Redstone exits; daughter protests
Smirking Shkreli refuses lawmakers’ questions, calls them ‘imbeciles’
February 4, 2016 by publisher · Leave a Comment
By Sarah N. Lynch and David Ingram WASHINGTON/NEW YORK (Reuters) – Former drug executive Martin Shkreli smirked and brushed off questions about drug prices then tweeted that lawmakers were imbeciles on Thursday, when he appeared at a U.S. congressional hearing against his will. Shkreli, 32, sparked outrage last year among patients, medical societies and Democratic presidential front-runner Hillary Clinton after his company, Turing Pharmaceuticals, raised the price of the drug Daraprim by more than 5,000 percent to $750 a pill. At a hearing of the U.S. House…
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Smirking Shkreli refuses lawmakers’ questions, calls them ‘imbeciles’
Smirking Shkreli refuses lawmakers’ questions, calls them ‘imbeciles’
February 4, 2016 by publisher · Leave a Comment
By Sarah N. Lynch and David Ingram WASHINGTON/NEW YORK (Reuters) – Former drug executive Martin Shkreli smirked and brushed off questions about drug prices then tweeted that lawmakers were imbeciles on Thursday, when he appeared at a U.S. congressional hearing against his will. Shkreli, 32, sparked outrage last year among patients, medical societies and Democratic presidential front-runner Hillary Clinton after his company, Turing Pharmaceuticals, raised the …
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Smirking Shkreli refuses lawmakers’ questions, calls them ‘imbeciles’
Rising U.S. layoffs hint at ebbing labor market momentum
February 4, 2016 by creative · Leave a Comment
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing for unemployment benefits rose more than expected last week, suggesting some loss of momentum in the labor market amid a sharp economic slowdown and stock market selloff. Signs of creeping employment…
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Rising U.S. layoffs hint at ebbing labor market momentum