U.S. service firms grew in May at the slowest pace in a year, as both new orders and hiring slipped. The Institute for Supply Management said Wednesday that its services index fell to 55.7 in May from 57.8 in April.
The private sector added 201,000 jobs in May, a robust improvement over the previous month and a sign the economic recovery is back on track.
(Adds reaction, details, Canadian dollar weakening). By David Ljunggren. OTTAWA, June 3 (Reuters) - Canada posted a near-record trade deficit of C$2.97 billion ($2.40 billion) in April as both imports and exports fell in another sign of challenges facing the ...
Activist investor Bill Ackman's Pershing Square Capital Management has disclosed a large equity stake in Nomad Foods, a special-purpose acquisition vehicle (SPAC) formed to acquire food-related businesses.
(AP)Dollar General Corp. (NYSE:DG) fiscal first-quarter profit topped Wall Street's expectations, and a key sales measurement rose thanks to better traffic and shoppers spending more per transaction.