Business

Wall Street lower after payrolls

Wall Street lower after payrolls

NEW YORK - U.S. stocks fell on Friday, with the S&P 500 on track for a second week of declines, as a strong monthly jobs report heightened expectations the U.S. Federal Reserve...

Staples sales fall for eighth straight quarter

Staples sales fall for eighth straight quarter

Staples Inc reported its eighth straight decline in quarterly sales, highlighting the company's need to seal its deal to buy Office Depot Inc as competition in the office...

Dollar climbs to 11-year high after U.S. jobs data

Dollar climbs to 11-year high after U.S. jobs data

LONDON - The dollar rose to an 11-year high against the world's major currencies and U.S. bond yields jumped on Friday, as U.S. jobs figures reinforced expectations the Federal...

U.S. labor market flexes muscles in February

U.S. labor market flexes muscles in February

WASHINGTON - U.S. employment accelerated in February and the jobless rate fell to a more than 6-1/2 year low of 5.5 percent, signs that could encourage the Federal Reserve to...

Ford Romania to lay off roughly 500 staff

Ford Romania to lay off roughly 500 staff

BUCHAREST - Ford Motor Co said on Friday it would lay off about 500 people at its Romanian division this year, less than initially envisioned.

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