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

Air France pilot union says ready to resume talks with management

PARIS - Air France's main pilot union SNPL is ready to resume talks with the carrier's management over a planned restructuring, a union spokesman said on Thursday.

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 surges to settle at three-month high on bullish outlook

NEW YORK - Oil prices climbed to their highest in three months on Thursday after a closely watched oil forecaster predicted prices would climb to $75 over the next two years, adding to early gains notched after a rally in Chinese stocks worries about Syria.

3:16pm EDT


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