Business

Business Survey: Hiring by U.S. businesses slows sharply in April (New) Survey: Hiring by U.S. businesses slows sharply in April
U.S. companies hired in April at the slowest pace in nearly a year and a half, a private survey found, as the strong dollar dragged down overseas sales and energy companies cut back on spending in the face of lower oil prices.
Business For some long-term unemployed, hope arises: A job audition (New) For some long-term unemployed, hope arises: A job audition
Bill Lewis was under more pressure than most new hires when he began a job in information technology last year in Monroe, Connecticut. Jobless for a year, he had eight weeks to persuade his employer to keep him and pay his salary.
Business Europe moves to help tech companies compete with U.S. giants Europe moves to help tech companies compete with U.S. giants
The European Union has unveiled a long-term strategy to help its technology companies compete with U.S. giants like Google and Amazon by unifying the continent's digital sector and taking a hard line on abuses by dominant firms.
Business Growth in U.S. service economy picked up speed last month Growth in U.S. service economy picked up speed last month
U.S. service firms' growth accelerated in April, fueled by more orders, rising sales and an uptick in hiring. The figures provide solid evidence that the economy is recovering from its first-quarter stumble.
Business U.S. trade deficit jumps to 6-year high of $51.4 billion U.S. trade deficit jumps to 6-year high of $51.4 billion
The U.S. trade deficit in March swelled to the highest level in more than six years, propelled by a flood of imports that may have sapped the U.S. economy of any growth in the first quarter.
Business Europe raises economic forecast despite bleak Greek outlook Europe raises economic forecast despite bleak Greek outlook
The European Union has nudged up its forecast for economic growth across the 19-country eurozone despite a much gloomier outlook for Greece, which is struggling to get its hands on vital bailout cash it needs to pay off debts.
Business McDonald's to simplify structure, focus on customers McDonald's to simplify structure, focus on customers
McDonald's CEO Steve Easterbrook says he's stripping away layers of bureaucracy and increasing accountability so the company can move more nimbly to keep up with changing tastes.
Business Applications for US unemployment aid plunge to 15-year low Applications for US unemployment aid plunge to 15-year low
The number of Americans seeking unemployment aid plummeted to the lowest level in 15 years last week, evidence that employers are laying off few workers despite a sharp slowdown in economic growth.
Business US economy barely grew in first quarter US economy barely grew in first quarter
The U.S. economy skidded to a near halt in the first three months of the year, battered by a triple whammy of harsh weather, plunging exports and sharp cutbacks in oil and gas drilling.
Business Pending US home sales increase in March Pending US home sales increase in March
More Americans signed contracts to buy homes in March, the third straight month of gains as housing heats up with the start of the spring buying season.
Business UAW reports 55 percent membership at VW plant in Tennessee UAW reports 55 percent membership at VW plant in Tennessee
The United Auto Workers union has 816 members at the Volkswagen plant in Tennessee, or about 55 percent of the total blue collar work force, according the union's latest disclosure with the U.S. Department of Labor.