WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell to the lowest level in nearly 8-1/2 years last week, suggesting the labor market recovery was gaining traction.
Mark Zuckerberg is staring down naysayers who hammered Facebook Inc. (FB)'s stock after its debut two years ago, as shares surged to a record today.
Wal-Mart said Thursday that Greg Foran will replace Bill Simon as its U.S. CEO. Simon has been in the role since June 2010. He was a top candidate to become CEO of the whole company, but that job went to Doug McMillion in Feb. Simon will leave the ...
LONDON (Reuters) - European stocks hit 2 1/2-week highs and the euro rallied from eight-month lows against the dollar on Thursday after the region's private sector expanded at its fastest rate in three months in July.
Caterpillar Inc. (CAT), the largest maker of mining machinery, forecast full-year sales and earnings that fell short of analysts' estimates as it said there's no sign of an upturn in the industry in 2014.