Stocks pared deep losses by midday Friday, though remained in the red as a disappointing snapshot of the labor market exacerbated worries over the U.S.
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.
The U.S. economy added the fewest number of jobs in seven months in April and Americans dropped out of the labor force in droves, signs of weakness that cast doubts on whether the Federal Reserve will raise interest rates before the end of the year.
Salesforce is planning to add hundreds of high-paying technology jobs in Downtown Indianapolis. The San Francisco cloud computing giant has leased hundreds of thousands of square feet at Chase Tower on Monument Circle as part of a massive ...