NEW YORK - Stocks were slightly lower in early trading Friday after a report on the U.S. economy showed a significant slowdown in hiring last month, echoing weakness seen earlier in the week in Europe and Asia.
Oil prices has stopped crashing, but oilfield services company Weatherford International is still in crisis mode. Weatherford (WFT) stock has plummeted 29% this week, on track for its biggest weekly plunge since the 2008 financial crisis.
Jamba Inc., the owner of smoothie company Jamba Juice, will move its headquarters from Emeryville, Calif., to Texas within eight months.
NOT JUST A FEDERAL ISSUE: There's been all sorts of talk in Washington about tax havens, inversions, and companies and wealthy people paying their fair share - and that was before the Panama Papers.
WASHINGTON A slowdown in U.S. hiring coupled with a jump in wages last month dovetails with what the Federal Reserve expected as the economy approaches full employment and is not likely to alter its interest rate hike trajectory.