Wall St. rises as Fed seen holding off rate hike till 2016

- U.S. stocks rose on Monday, with the S&P 500 up for the fifth day, after last week's disappointing jobs report hardened views that the Federal Reserve won't raise interest rates this year.

Recent Business News

Twitter appoints Jack Dorsey CEO, seeks new chairman

- Twitter Inc named Jack Dorsey as its permanent CEO but said it would look elsewhere for a chairman, seeking to allay concerns about its co-founder's dual role as head of the mobile payments company Square.

Tech, Twitter, Cybersecurity 12:35pm EDT

U.S. labor chief tries to calm Fiat Chrysler worker fears

DETROIT - The United Auto Workers and Fiat Chrysler Automobiles NV negotiators were back at the table on Monday days after U.S. union members soundly rejected a proposed four-year contract the two sides agreed on three weeks ago.

12:50pm EDT

Air France managers flee as staff storm meeting on job cuts

ROISSY, France - Air France managers fled a meeting on Monday about mass job cuts after angry staff waving banners and flags stormed the room, according to Reuters journalists at the scene. | Video

12:58pm EDT

Nelson Peltz's Trian takes $2.5 billion stake in General Electric

- Activist investor Nelson Peltz's fund has bought a $2.5 billion stake in General Electric Co, adding fresh pressure on the U.S. conglomerate to pull off its plan to shift away from finance operations toward its industrial roots. | Video

2:00pm EDT

American Apparel files for bankruptcy, operations to continue

- American Apparel Inc, known as much for its sexually charged advertising and controversial founder as for its fashion offerings, filed for Chapter 11 bankruptcy protection on Monday.


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