Japan’s Eisai to cut about 450 jobs in U.S.
(Reuters) – Japanese pharmaceutical company Eisai Co Ltd said it would cut about 25 percent, or about 450 jobs, in the United States as part of a realignment to create a more efficient and focused company.
Wall Street ends up on energy rebound; early earnings weak
NEW YORK (Reuters) – U.S. stocks closed higher on Thursday, with energy shares leading the advance as crude oil rebounded off a sharp decline, while investors bet that companies would top lowered expectations this earnings season.
Oil up on Iran, German data, but strong dollar curbs rise
NEW YORK (Reuters) – Oil prices rose on Thursday on strong German economic data and uncertainty about negotiations on Iran’s nuclear program, even as a strong dollar curbed oil’s bounce a day after futures tumbled 6 percent.
Google anti-trust foes see friend in new EU competition chief
BRUSSELS (Reuters) – After waiting more than four years for Brussels to resolve his anti-trust complaint against Google while traffic to his website plunged by 80 percent, Michael Weber of German online mapping service Hot-Map.com held out little hope …
BlackRock bullish on emerging markets debt
(Reuters) – BlackRock sees opportunities to invest in emerging markets debt, despite the rising U.S. dollar and an expected increase in U.S. interest rates this year, executives said Thursday.
GM mulls $1.3 billion expansion of Texas assembly plant
(This April 8 story corrects second paragraph to say GM is adding 589 jobs, raising the required minimum to 3,179 at the plant, not adding 589 jobs to existing 3,179)
LinkedIn to buy online education company lynda.com for $1.5 billion
(Reuters) – Professional social network operator LinkedIn Corp said it would buy privately held online education company lynda.com in a cash-and-stock deal valued at about $1.5 billion.
Greece makes IMF payment, gets bank funds, but doubts remain
BRUSSELS/ATHENS (Reuters) – Greece made a crucial payment to the International Monetary Fund and won extra emergency lending for its banks on Thursday but it remained unclear whether Athens can satisfy skeptical creditors on economic reforms before it …
Walgreens profit beats expectations; more cost cuts planned
(Reuters) – Drugstore operator Walgreens Boots Alliance Inc on Thursday reported a higher-than-expected quarterly profit and said it would widen its cost-cutting program, sending its shares higher.
U.S. jobless claims data point to strengthening labor market
WASHINGTON (Reuters) – The number of Americans filing new claims for jobless benefits rose less than expected last week and the four-week moving average of claims hit its lowest level since 2000, suggesting an abrupt slowdown in job growth in March was…
