UNITED STATES

IBTimes Logo

Unemployment rate falls to 9.7 percent, 20,000 jobs cut

Employers unexpectedly cut 20,000 jobs in January, but the unemployment rate surprisingly fell to a five-month low of 9.7 percent, according to a government report on Friday that hinted at some labor market improvement starting to take root.

Vietnam crackdown continues as writer jailed

IBTimes Logo
A Vietnamese court convicted a dissident writer of assault on Friday, bringing to 16 the number of people imprisoned since October in an unusually harsh crackdown on dissent in the one-party state.
IBTimes Logo

Payrolls fall in January, jobless rate at 5-month low

Employers unexpectedly cut 20,000 jobs in January, but the unemployment rate surprisingly fell to a five-month low of 9.7 percent, according to a government report on Friday that hinted at some labor market improvement starting to take root.
More news
IBTimes Logo

Toyota chief to address safety as Prius recall eyed

Toyota Motor Corp is preparing to recall its iconic Prius hybrid car to address more than 100 complaints about delayed braking, spreading the top automaker's quality woes to one of its most important models.
IBTimes Logo

Euro-zone debt worries spread across the globe

The euro and the stocks and bonds of debt-laden members of the currency bloc fell for a second straight day on Friday as fears over Portugal and other European sovereigns spread, pushing investors into safe havens.
IBTimes Logo

Futures point to lower open on Wall Street

Stock index futures pointed to a lower open on Wall Street on Friday, after heavy falls in the previous session and following declines in Europe and Asia, with some caution expected ahead of a key labor market report.
IBTimes Logo

Shares, euro fall on debt fears; jobs data eyed

Global shares hit three-month lows and the euro fell to an eight-month low against the dollar on Friday as euro zone sovereign debt problems and nerves ahead of U.S. jobs data led investors to dump riskier assets.
IBTimes Logo

Shares fall; Swiss cbank intervention boosts euro

Asian stocks fell to five-month lows on Friday as investors dumped riskier assets after growing sovereign debt problems in the euro zone and rising U.S. jobless claims sparked jitters about the global economic recovery.
IBTimes Logo

Employers likely added 5,000 jobs last month

U.S. employers probably stopped cutting jobs and added 5,000 payrolls in January, the second monthly gain since the recession started in December 2007, the government is expected to report on Friday.
IBTimes Logo

Toyota mulls Prius recall

Toyota Motor Corp is preparing to recall its iconic Prius hybrid car to address more than 100 complaints about delayed braking, spreading the top automaker's quality woes to one of its most important models.
IBTimes Logo

Asia shares slide; euro up on Swiss c.bank talk

Asian stocks fell to near five-month lows on Friday as investors dumped riskier assets after rising sovereign debt problems in the euro zone and poor jobs data sent U.S. and European stocks tumbling.
IBTimes Logo

Justice Dept says Google books deal troubled

Changes that Google Inc and the Authors Guild made to an ambitious plan to create a massive online library were inadequate because they fail to address antitrust and copyright concerns, the U.S. Justice Department said on Thursday.
IBTimes Logo

U.S. Justice Dept says Google books deal troubled

Changes that Google Inc and the Authors Guild made to an ambitious plan to create a massive online library were inadequate because they fail to address antitrust and copyright concerns, the U.S. Justice Department said on Thursday.
IBTimes Logo

U.S. begins probe of Prius as Toyota woes mount

Toyota Motor Corp, already reeling from two massive recalls, faced the possibility of a third when U.S. safety regulators opened a probe on Thursday into a braking problem on the Prius, the world's top-selling hybrid.
IBTimes Logo

Asia shares slide on economy fears; dollar climbs

Asian stocks fell to near five-month lows on Friday as investors dumped riskier assets after rising sovereign debt problems in the euro zone and poor jobs data sent U.S. and European stocks tumbling.
IBTimes Logo

Cuomo charges BofA, ex-CEO with fraud; SEC settles

New York's attorney general charged Bank of America Corp , former Chief Executive Kenneth Lewis and former Chief Financial Officer Joe Price with fraud for allegedly misleading shareholders about the acquisition of Merrill Lynch & Co.
IBTimes Logo

Toyota shares rebound despite Prius brake problem

Shares of Toyota Motor Corp picked up from a 10-month low on Friday after the world's largest carmaker reported better-than-expected quarterly results and raised its outlook despite its growing recall-related problems.
IBTimes Logo

Toyota dips after upbeat earnings, Prius recall report

Shares of Toyota Motor Corp fell 0.5 percent early on Friday after the world's largest carmaker reported better-than-expected quarterly results the previous day and raised its outlook despite the ongoing recall turmoil.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.