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U.S. job growth cools, unemployment rate rises

WASHINGTON - U.S. job growth slowed a bit in July and the unemployment rate unexpectedly rose, pointing to slack in the labor market that could give the Federal Reserve room to keep interest rates low for a while. | Video

Recent Business News

Japan PM tells Brazil 'Abenomics' working, time to do more business

BRASILIA - Japan's Prime Minister Shinzo Abe touted the success of his economic policies on a visit to Brazil on Friday and said it was time for the two nations to expand their trade and investment partnership.

Brazil, Japan 01 Aug 2014

Berkshire profit soars 41 pct to a record on investment gains

- Warren Buffett's Berkshire Hathaway Inc on Friday said second-quarter profit soared 41 percent to a record high, reflecting substantial investment gains and improved results in manufacturing, service and retail businesses.

01 Aug 2014

JPMorgan reaches proposed $4.5 bln mortgage securities deal for most trusts

NEW YORK - Trustees involved in JPMorgan Chase & Co's proposed $4.5 billion settlement with investors in money-losing mortgage bonds accepted the bank's offer on Friday for the vast majority of the trusts holding the securities.

Apple $450 million e-book settlement wins court approval

NEW YORK - Apple Inc on Friday won preliminary court approval for its $450 million settlement of claims it harmed consumers by conspiring with five publishers to raise e-book prices.

Tech, Media 01 Aug 2014

Allergan sues Valeant, Ackman for alleged insider trading

- Botox maker Allergan Inc on Friday accused rival Valeant Pharmaceuticals International and billionaire investor William Ackman of violating securities laws by using insider information as they prepared a takeover bid for the drug company.

01 Aug 2014

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