NEW YORK - U.S. stocks rose sharply at the open on Monday, rebounding from a steep drop in the previous week, after Sunday's referendum over whether Crimea will join Russia passed without violence.
Recent Business News
BERLIN - British clothes retailer Primark will pay a further $10 million in compensation to victims of the collapse of a Bangladeshi factory last year that killed more than 1,100 people.
DETROIT - Chrysler Group is recalling 18,092 Fiat 500L cars in the United States because drivers may not be able to shift out of park, according to documents filed with U.S. safety regulators.
- Chesapeake Energy Corp said it filed with U.S. financial regulators for a possible spin off of its oilfield services business.
LONDON - Vodafone has agreed to buy Spain's largest cable operator Ono for 7.2 billion euros ($10 billion), the latest hefty deal in a European telecoms sector starting to rebuild as the region recovers from a recession.
The state of the US job market is essentially unchanged. On Wednesday morning, the most recent Bureau of Labor Statistics Job Openings and Labor Turnover (JOLTs) data showed that the rate of hiring, turnover, and the number of open jobs was largely unchanged.
- Charting the Malaysian airliner disappearance
- The worrying (or not) rise of margin debt
- Manufacturing and consumer spending edge up
- Is China’s red-hot housing market finally beginning to cool down?
- What we know about income inequaliy: America’s disappearing ‘middle-skill’ jobs and falling wages
- The end of the boom in emerging markets reserves