U.S. job growth falters as cold weather grips nation
WASHINGTON (Reuters) – U.S. employers hired the fewest workers in nearly three years in December, but the setback was likely to be temporary amid signs that unusually cold weather may have had an impact.
For U.S. stocks, earnings take center stage
NEW YORK (Reuters) – After the S&P 500’s impressive 30 percent return in 2013, Wall Street will get a better picture of reality next week as the pace of companies reporting earnings picks up.
Boeing machinist campaigns to replace national union leaders
SEATTLE (Reuters) – A Seattle-area Boeing Co worker is one of two men campaigning to replace national leadership of the International Association of Machinists in the wake of bitter infighting over the planemaker’s latest labor contract.
U.S. judge clears way for China’s Wanxiang to bid for Fisker
WILMINGTON, Delaware (Reuters) – A U.S. judge on Friday rejected a planned sale of Fisker Automotive to a Hong Kong tycoon, opening the way for China’s largest auto parts company to buy the defunct maker of the Karma plug-in hybrid sports car.
Target breach worse than thought, states launch joint probe
NEW YORK/BOSTON (Reuters) – The data breach at Target Corp over the holiday shopping season was far bigger than initially thought, the U.S. company said on Friday, as state prosecutors announced a nationwide probe into the second-biggest retail cyber a…
S&P ends up, led by defensive stocks; earnings in play
NEW YORK (Reuters) – The S&P 500 and the Nasdaq ended modestly higher on Friday, led by gains in defensive names after a weaker-than-expected payrolls report raised new questions about both the strength of the economy and the aggressiveness of Federal Reserve stimulus.
Airbus studies engine revamp of A330 jet: sources
PARIS (Reuters) – After dramatically improving sales of its A320 jet by revamping it with newer and more efficient engines, Europe’s Airbus is studying whether to apply the same formula to the larger A330, industry sources and analysts said.
U.S. ‘rushed to judgment’ against SAC’s Martoma, lawyer tells jury
NEW YORK (Reuters) – Prosecutors “rushed to judgment” in charging former SAC Capital Advisors portfolio manager Mathew Martoma with insider trading, his lawyer told jurors on Friday.
Obama moves to fill Fed board, taps Fischer to be No. 2
(Reuters) – President Barack Obama on Friday nominated former Bank of Israel Governor Stanley Fischer to be vice chairman of the Federal Reserve, and tapped two others to round out the U.S. central bank’s top ranks just as it begins winding down its hi…
Inflation the ‘wildcard’ this year: U.S. Fed’s Bullard
INDIANAPOLIS (Reuters) – Persistently weak inflation in the United States is the “wildcard” for the Federal Reserve this year, a top Fed official said on Friday even as he forecast a rise in consumer prices.
