WASHINGTON (Reuters) - U.S. private employers in April hired the fewest number of workers in more than a year, further diminishing hopes of a strong rebound in economic growth after the first-quarter slump.
Productivity over the past six months fell by the most in more than two decades, leading to increases in U.S. labor costs that threaten corporate profits.
The Federal Aviation Administration has unveiled its Pathfinder program, which will study how drones are used for newsgathering, as well as in the agriculture and transport industries.
Acquiring Salesforce.com Inc. wouldn't just cost a fortune - it also would dent the profits of any buyer. A takeover of the $49 billion software provider would damage earnings for companies from Microsoft Corp.
NEW YORK - On the same day McDonald's said it would begin testing delivery in New York, an order placed for two cheeseburgers, two large fries and a vanilla shake took a about a half hour to arrive at The Associated Press headquarters.