Today's Business Headlines
WASHINGTON (Reuters) - U.S. employment fell for a third straight month in August, but the drop was far less than expected and private hiring surprised on the upside, easing pressure on the Federal Reserve to prop up economic growth.
Nonfarm payrolls declined 54,000, the Labor Department said on ...
LONDON (Reuters) - BP Plc said the cost of dealing with its oil spill in the Gulf of Mexico had risen to $8 billion as the oil giant prepared to release the findings of an internal probe into the causes of the disaster.
BP published figures on Friday which showed that since it capped the well on ...
QUETTA, Pakistan (Reuters) - A suicide bomber struck a rally in the Pakistani city of Quetta Friday, killing up to 43 people in the second major attack this week, piling pressure on a government struggling with a flood crisis.
The attack on the Shi'ite rally expressing solidarity with the ...
Obama said on Monday he and his advisers are discussing further tax cuts for businesses to help create jobs, as well as an extension of tax cuts for the middle class, rebuilding U.S. infrastructure and increasing investments in clean energy and research and development.
The Washington Post ...
MANTEO, North Carolina (Reuters) - Hurricane Earl slapped North Carolina's coast with rain, winds and heavy surf on Friday and swirled up the U.S. eastern seaboard toward New England and Canada as a weakened but still potent storm.
The impact of the Category 2 hurricane, still packing top ...
JOHANNESBURG (Reuters) - Striking South African state workers held small-scale protests on Friday as union and government negotiators prepared for bargaining next week aimed at ending the three-week walkout by about 1.3 million.
The unions rejected a government offer of 7.5 percent pay raises, ...
LONDON (Reuters) - Banks have acknowledged they need to be more open about the size of their bonus pools and the methodology for paying star bankers after making progress in other areas of reforming pay structures.
More policy changes are needed to reduce the excessive risk taking that was blamed ...
The study published on Friday in the journal "Health Affairs" recommended policy reforms and broader efforts to get uninsured children into government medical programs, including the use of income tax data for automatic enrollment.
An estimated 7.3 million children were uninsured on an ...
WASHINGTON (Reuters) - The U.S. Environmental Protection Agency will roll out more regulations on greenhouse gases and other pollution to help fight climate change, but they will not be as strong as action by Congress, a senior administration official said.
The agency "has a huge role to play ...
Harvard students enrolled in Warren's contracts class were informed that a different professor will be teaching the class instead, according to a report in The Washington Post, which obtained a copy of an email to the students.
"Professor Warren regrets that she will not be able to teach you ...