Jobless claims fall to near a 42-year low

WASHINGTON - The number of Americans filing new applications for jobless benefits fell more than expected to near a 42-year low last week, pointing to ongoing tightening in the labor market despite the recent slowdown in hiring.

Recent Business News

AB InBev CEO appeals to SAB shareholders for second day

BRUSSELS/LONDON - Anheuser-Busch InBev Chief Executive Carlos Brito repeated his appeal to SABMiller shareholders on Thursday, again urging them to push the brewer's board into more serious takeover discussions.

12:48pm EDT

Facebook's 'Like' button set to get more emotive

- Like it or not, Facebook Inc's trademark "Like" button is set to get more expressive.

Tech, Facebook 12:16pm EDT

Air France union meeting to discuss strike planned for Tuesday: official

PARIS - A union at Air France has called for a meeting with other unions at the airline on Tuesday to decide whether to go ahead with strike plans, its head Miguel Fortea told Reuters on Thursday.

1:43pm EDT

Fiat Chrysler workers skeptical of new UAW deal's impact on wages

KOKOMO, Ind. - Workers outside the gates of a Fiat Chrysler plant here greeted news early on Thursday of a new tentative agreement between the automaker and the United Auto Workers skeptically, giving an indication of the challenges the union may face in getting the deal ratified by members.

1:40pm EDT

Oil rallies to five-week high on Chinese stock rise, Syria worry

NEW YORK - Oil prices climbed to their highest in five weeks on Thursday, as buoyant Chinese equity markets encouraged buying, and as Russia's military involvement in Syria brought a geopolitical risk premium into the market.

1:19pm EDT


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