Instant View: U.S. January payrolls rise much more than expected
U.S. job growth surged in January, with employers hiring the most workers in 11 months, pointing to underlying strength in the economy despite a darkening outlook that has left the Federal Reserve cautious about further interest rate hikes this year.
S&P opens flat, Dow higher after jobs data; Amazon weighs
The Dow Jones Industrial index opened slightly higher on Friday while the S&P 500 was flat after stronger-than-expected U.S. jobs data reassured investors worried about a slowdown, but losses in Amazon kept gains in check and weighed down Nasdaq.
Boeing goes bionic to roll out more Dreamliners
Boeing Co is counting on a new kind of worker to help it reach a long-coveted target of rolling out 14 787 Dreamliners from its factories each month: half human, half robot.
Take Five: Dogs and Pigs. World markets themes for the week ahead
Following are five big themes likely to dominate the thinking of investors and traders in the coming week and the Reuters stories related to them.
U.S. job growth surges; unemployment rate rises to 4.0 percent
U.S. job growth surged in January, with employers hiring the most workers in 11 months, pointing to underlying strength in the economy despite a darkening outlook that has left the Federal Reserve cautious about further interest rate hikes this year.
Futures cut losses after stronger-than-expected jobs data
U.S. stock index futures pared losses on Friday after stronger-than-expected U.S. job growth in January pointed to underlying strength in the economy.
U.S. sets deadlines in Venezuela oil sanctions
Any non-U.S. entities purchasing petroleum and petroleum products from Petróleos de Venezuela SA in transactions that involve any U.S. persons, the U.S. financial system or U.S. brokers must be wound down by April 28, the U.S. Treasury Department said in a notice posted early on Friday.
Exxon Mobil’s fourth quarter profit tops estimates as production rebounds
Exxon Mobil Corp on Friday reported a quarterly profit that topped analysts’ estimates, pushing it shares up nearly 3 percent in premarket trading as its oil and natural gas output rose slightly on a year-over-year basis.
GM and Sao Paulo in talks to invest $2.5 billion for tax breaks: report
Automaker General Motors Co is in talks to invest 9 billion reais ($2.5 billion) in the Brazilian state of Sao Paulo over the next three years in return for tax incentives, newspaper Valor Economico reported on Friday.
IAG’s Walsh to Airbus: drop A380 price to boost sales
Airbus should lower the price of its A380 jetliner if it wants to sell more of them, IAG CEO Willie Walsh said on Friday, adding that the airline group would consider additional aircraft if the price was right.
