U.S. employers cut far fewer jobs than expected last month in the best showing for the labor market since the recession began, boosting the U.S. dollar and global stock prices on hopes for a strong economic recovery.
Bank of America Corp's board is scheduled to meet next Tuesday and may discuss the appointment of a new chief executive, a bank spokesman said.
Inventories at U.S. factories increased for the first time in more than a year in October, while factory orders also rose an unexpected 0.6 percent, the Commerce Department said on Friday, in signs the manufacturing sector is returning to health.
U.S. stock index futures were slightly higher on Friday ahead of the key monthly jobs report for November.
U.S. employers cut far fewer jobs than expected last month in the best showing for the labor market since the recession began, boosting the U.S. dollar and global stock prices on hopes for a strong economic recovery.
Cisco Systems has control over more than 90 percent of Norwegian target Tandberg, allowing it to squeeze out remaining shareholders, and create the world's leader in videoconferencing equipment.
Google Inc prides itself on setting trends and its $750 million buy of mobile advertising group AdMob may be no exception.
U.S. employers cut only 11,000 jobs last month, the best showing in nearly two years, and the jobless rate edged down to 10 percent, a strong suggestion the jobs market was edging toward health.
U.S. employers cut a far fewer-than-expected 11,000 jobs in November, the smallest decline since the start of the recession in December 2007, government data showed on Friday, strongly suggesting the deterioration in the labor market was in its final stages.
U.S. employers cut a far fewer-than-expected 11,000 jobs in November, the smallest decline since the start of the recession in December 2007, government data showed on Friday, strongly suggesting the deterioration in the labor market was in its final stages.
B.J. Kang may be the most feared man on Wall Street.
The dollar held steady against a basket of major currencies on Friday as investors waited for the U.S. government's monthly employment report to offer clues to the potential pace of tightening in U.S. monetary policy.
Canada's economy added far more jobs than expected in November, more than erasing the losses in October and suggesting a recovery is in the making.
Korean Air (003490.KS) said on Friday it would purchase five Boeing (BA.N) 747-8 Intercontinental jetliners worth $1.5 billion at list prices in a potentially key deal for the successor to the jumbo jet.
European shares fell for a second straight session on Friday, led down by weak financial stocks, with trading volumes low as investors remained cautious ahead of keenly watched U.S. payrolls data later in the session.
Caution ahead of a key jobs report from the United States weighed on banks and other cyclical stocks, pushing Britain's FTSE 100 .FTSE share index 0.5 percent lower by midsession on Friday.
U.S. stock index futures were slightly higher on Friday ahead of the key monthly jobs report for November.
The dollar held steady against a basket of major currencies on Friday as investors waited for the U.S. government's monthly employment report to offer clues to the potential pace of tightening in U.S. monetary policy.
Caution ahead of a key jobs report from the United States weighed on banks and other cyclical stocks, pushing Britain's FTSE 100.FTSE share index 0.5 percent lower by midsession on Friday.
Oil prices fell for a third consecutive day on Friday, to below $76 a barrel, under pressure from high levels of inventories and nervousness ahead of the latest employment data from the world's top energy consumer, the United States.
Gold eased back toward $1,200 an ounce in Europe on Friday as a slight recovery in the dollar prompted traders to cash in gains after the previous day's run-up to record highs.
Federal prosecutors investigated Galleon Group hedge fund founder Raj Rajaratnam on suspicions of insider trading more than a decade before he was charged with securities fraud, the Wall Street Journal reported, citing legal filings.
U.S. stock index futures were slightly higher on Friday ahead of the key monthly jobs report for November.
U.S. stock index futures pointed to a flat open on Wall Street on Friday following the previous session's drop, as investors await all-important monthly jobs figures.
World stocks slipped slightly and the dollar was steady on Friday as investors waited for U.S. jobs data, the latest signal about how far the U.S. economy is recovering.
Goldman Sachs Chief Lloyd Blankfein is weighing plans to increase the share of compensation paid out in equity to executives in a bid to quell public anger over the probability of large pay-outs, the Financial Times said.
Bank of America Corp's board is set to meet next Tuesday and is expected to discuss the appointment of a new chief executive, the Wall Street Journal reported, citing people familiar with the situation.
General Motors Co, battling for survival for much of the past year, has cut loose designers to sketch out a vision of the ultimate youth car of the future -- a virtual one-wheeled wonder that would match wits with its driver.
China has maintained a consistent allocation of its foreign exchange reserves across different currencies, a senior official said on Friday, suggesting that any diversification away from the dollar has been gradual.
President Barack Obama asked leaders in various capacities today how companies could start hiring again in opening remarks that were part of a business forum convened in Washington today.