United States markets were moving toward small gains on Friday afternoon after a report on the economy showed a significant slowdown in hiring last month, echoing weakness earlier in the week in Europe and Asia.
U.S. federal mediator Kenneth Feinberg rejected the Central States Pension Fund's rescue plan that would have cut benefits for more than 250,000 working and retired union members.
Shares in payment provider Square Inc. SQ -19.47 % fell Friday at the fastest clip since the company's initial public offering, a day after the firm reported deepening losses and slow growth in its lending business.
The source who leaked confidential information included in the so-called Panama Papers has come forward to explain why the documents were released and that more information could come.
Jamba Inc., the owner of smoothie company Jamba Juice, will move its headquarters from Emeryville, Calif., to Texas within eight months.