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U.S. job market firming despite anemic economic growth

WASHINGTON The number of Americans filing for unemployment benefits fell more than expected last week, suggesting the labor market continued to strengthen despite tepid economic growth. Initial claims for state unemployment benefits declined 9,000 to a seasonally adjusted 267,000 for the week ended April 2, the Labor Department said on Thursday.

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Tesla's Model 3 sedan gets over 325,000 reservations

Electric car maker Tesla Inc said on Thursday it had received more than 325,000 orders for its new Model 3 sedan in the first week of bookings.

1:50pm EDT

MetLife's 'too big to fail' tag is 'arbitrary, capricious': U.S. judge

WASHINGTON Federal regulators' decision to designate insurer MetLife Inc as "too big to fail" was "arbitrary and capricious," the U.S. judge who struck down the determination last month wrote in an opinion that was unsealed on Thursday.

Europe's banks under scrutiny as regulators look into Panama Papers

BERN/GENEVA Banking watchdogs across Europe have begun checking whether lenders have ties to a massive document leak from Panama that showed how offshore companies are used to stash clients' wealth.

GM settles ignition-switch case before third trial

NEW YORK General Motors Co on Thursday said it had agreed to settle a lawsuit that would have been the third case to go to trial over a faulty ignition switch linked to nearly 400 injuries and deaths.

3:56pm EDT

Redstone lawyers in preliminary deal with ex-girlfriend: source

Lawyers acting for Sumner Redstone have reached a preliminary settlement with an ex-girlfriend over a lawsuit that challenged the 92-year-old media mogul's mental competency, a person familiar with the situation said on Thursday.

4:56pm EDT

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