| | | U.S. jobs market tightens; inflation pressures cooling | | | WASHINGTON (Reuters) - The number of Americans filing for unemployment benefits fell more than expected last week, pointing to shrinking labor market slack that could allow the Federal Reserve to raise interest rates again this year despite moderate inflation growth. |
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| | | U.S. files complaint seeking to recover stolen 1MDB funds | | | WASHINGTON (Reuters) - The U.S. Justice Department on Thursday announced the filing of complaints seeking to recover about $540 million in funds taken from the 1Malaysia Development Berhad sovereign wealth fund, the latest legal action tied to alleged money-laundering at the scandal-tainted fund. |
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| | | Wall St. lower as tech slide resumes | | | (Reuters) - Technology shares were under pressure yet again on Thursday, pulling lower all the three major Wall Street indexes, as investors fretted about bloated valuations. |
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| | | Growth worries, U.S. and UK rate hints hit shares | | | LONDON (Reuters) - Stocks fell in Europe and Asia on Thursday as investor concern over the pace of economic growth hit shares in mining and retail sectors while the prospect of tighter monetary policy in the United States and Britain pushed up the dollar and bond yields. |
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| | | Nike to cut 2 percent of workforce, eliminate shoe styles | | | (Reuters) - Nike Inc said on Thursday it would cut about 2 percent of its global workforce and eliminate a quarter of its shoe styles as it looks to become nimbler in the face of intensifying competition and fast-changing consumer trends. |
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| | | Jetmakers hunt for new growth as order binge fizzles out | | | PARIS (Reuters) - Plane giants are preparing to squeeze the last drop out of a once raging torrent of airplane orders without the razzmatazz of recent years, as the aerospace industry heads to a belt-tightening Paris Airshow looking for new sources of revenue. |
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| | | Father says J.P. Morgan's parental leave policy is biased | | | (Reuters) - A J.P. Morgan Chase & Co employee filed a federal sex discrimination complaint on Thursday accusing the bank of discriminating against fathers by giving them paid parental leave on different terms than mothers based on a stereotype that women should care for children. |
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