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KDWN

2 days ago

Applications for US jobless aid fall, a sign of low layoffs

WASHINGTON (AP) — Fewer people sought U.S. unemployment benefits last week, the Labor Department said Thursday, evidence that employers are holding onto their staffs and may even step up hiring….

KDWN

2 days ago

Applications for US unemployment benefits fall sharply, fresh evidence layoffs are low

WASHINGTON (AP) — Applications for US unemployment benefits fall sharply, fresh evidence layoffs are low….

KDWN

2 days ago

Fiat Chrysler adds Maseratis to transmission recall

DETROIT (AP) — Fiat Chrysler is adding 13,000 Maseratis to a recall of vehicles with confusing gear shifters like one in the SUV that crushed and killed Star Trek actor Anton Yelchin….

KDWN

2 days ago

Ikea recalls safety gates for fear of causing injury to kids

STOCKHOLM (AP) — Swedish furniture retailer Ikea is recalling children's safety gates because the locking mechanism is unreliable and may result in injury to children….

KDWN

2 days ago

Macy’s Terry Lundgren to step down as CEO next year

NEW YORK (AP) — Macy's, which has been struggling with weak sales, said Thursday that its longtime CEO Terry Lundgren will leave the job early next year….

KDWN

2 days ago

Container shipping giant Maersk names new CEO

COPENHAGEN, Denmark (AP) — The world's largest shipping company, A.P. Moller-Maersk group, has appointed an insider as its new chief executive, sending its shares up more than 9 percent amid hopes he might help turn the company around….

KDWN

2 days ago

Markets Right Now: US stocks open higher as Britons vote

NEW YORK (AP) — The latest on developments in global financial markets (all times local):…

KDWN

2 days ago

Taxis often face stronger rules than ride-hailing companies

Taxicabs and app-based ride-hailing services such as Uber and Lyft are regulated differently in most U.S. cities and states, with taxicabs often facing stricter rules….

KDWN

2 days ago

Yellen faces GOP criticism over weak economic growth

WASHINGTON (AP) — Federal Reserve Chair Janet Yellen came under fire Wednesday from House Republicans who charged that the central bank's policies to promote low interest rates have not boosted economic growth and have left financial markets confused about the Fed's next moves….

KDWN

2 days ago

SolarCity and Bristol-Myers climb, Adobe and HP stumble

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Wednesday:…