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Fewer Americans than forecast filed applications for unemployment benefits last week, dropping the average over the past month to the lowest in 15 years, indicating companies are holding on to workers. Jobless claims increased by 3,000 to 265,000 in the week ended May 2, a Labor Department report showed Thursday in Washington. The median forecast of 47 economists surveyed by Bloomberg projected 278,000. The dearth of applications for unemployment benefits
Surprise! Jennifer Love Hewitt is leaving Criminal Minds. The Party of Five and Ghost Whisperer star joined the CBS series at the start of season 10 and will not return for season 11…as of…
Home improvement retailer Lumber Liquidators is halting sales of all its Chinese laminate flooring effective immediately, CNBC has learned. The move comes in the face of dozens of lawsuits over the safety …
HARARE, Zimbabwe (AP) — Last year, Miss Zimbabwe quit after photographs of the beauty queen posing naked emerged on social media. This year’s Miss Zimbabwe faces a similar scandal.
Oil fell 2 percent on Thursday, wiping out gains from the past two sessions, as euphoria from the first U.S. inventory drawdown in months faded and focus returned to oversupplies in crude and gasoline. North Sea Brent and U.S. crude futures fell more than $1 a barrel, pressured partly by gasoline’s sharpest one-day drop in more than two weeks. U.S. crude inventories fell almost 4 million barrels last week, their
DUBAI, United Arab Emirates (AP) — Organizers of the Abu Dhabi Film Festival said Thursday they are shutting down the annual international event after eight years, even as the oil-rich emirate attracts greater attention from Hollywood studios.
Greece’s government is sticking to its non-negotiable “red lines” on labour and pension issues and expects its EU and IMF creditors also to make concessions to reach a deal, the government spokesman said on Thursday. Greece’s new leftist government has said further cuts to pension payments and reforms making it easier to fire workers in the private sector are among “red lines” it will no cross. “There should not be
NEW YORK (AP) — Taya Dunn Johnson has been living large online for years, embracing Facebook, Twitter and other social streams to frequently share her most mundane and intimate moments.
U.S. bank Citigroup (C.N) is targeting market-share gains in equities in 2015, its European head of equities told Reuters, pointing to fresh technology investment and new hires as financial-market trading picks up. The comments echo a more optimistic stance from trading desks at global investment banks after a bumper quarter boosted by the European Central Bank’s announcement of a bond-buying scheme to spur growth. They contrast with last year’s more
NEW ORLEANS (AP) — Brad Pitt and Angelina Jolie are selling their French Quarter home.
