WASHINGTON U.S. labor costs in the second quarter recorded their smallest increase in 33 years amid tepid gains in the private sector, but it likely was a temporary setback against the backdrop of diminishing labor market slack.
BRUSSELS—The European Commission on Friday opened an in-depth investigation into FedEx Corp. FDX 0.36 % 's €4.4 billion ($4.8 billion) deal to buy TNT Express TNTEY 0.72 % NV, saying it was concerned about the merged company's dominance in ...
In this June 9, 2015, photo, shopper Miguel Ramirez, left, pays Angel Hernandez for his merchandise at a local fruit store in the Little Havana area of Miami.
Uber is bullish on the Indian market: The company said it plans to pour $1 billion into its India operations over the next nine months.
The country's economic woes continue. China's stock market fell again on Friday, with The Shanghai Composite Index slipping 1.1% to close at 3,663.73, according to a report in Bloomberg News.