U.S. Payroll Gains Slow in April, Adding 160,000 Jobs

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The U.S. labor market decelerated in April, a sign employers may be turning cautious after the economy slowed early in the year.

Evonik to Pay $3.8 Billion for Air Products Unit

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Germany’s Evonik Industries has agreed to buy the performance-materials division of Air Products & Chemicals for $3.8 billion.

Stuck at Zero: The Long-Term Challenge for Investors

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The length of time investors face zero or negative rates is just as important as the level of rates.

The Jobs Report: Gauging Underappreciated Strength

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The labor market’s momentum shouldn’t be overlooked by investors and the Federal Reserve ahead of Friday’s jobs report.

U.K. Retail Sales Spell Gloom for High Street

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Retail sales on the U.K. high street plunged 6.1% in April compared with a year earlier, accounting firm BDO said.

Push for $15 Raises Pay---And Tensions

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The growing push to raise minimum hourly pay to as much as $15 per hour is creating new issues in the workplace: While some of America’s lowest-paid workers will get fatter paychecks, others may feel underpaid.

GM, Lyft to Test Self-Driving Electric Taxis

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GM and Lyft will begin testing self-driving Chevrolet Bolt electric taxis on public roads within a year, as the companies seek to fight off Silicon Valley giants amid a reshaping auto industry.

ArcelorMittal Narrows Losses, Cautions on China

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Steel giant ArcelorMittal narrowed its net loss in the first quarter and forecast improved earnings to come as steel prices begin to recover, but cautioned that excess steel capacity in China still remains a concern.

Vedanta's Debt Solution Merely a Rest Stop to Salvation

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Vedanta has put off its near-term debt maturities through various maneuvers, but its tangle of debt will keep the company in a stranglehold.

Toshiba Names New CEO

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The Japanese electronics giant said Satoshi Tsunakawa, an executive vice president and Toshiba veteran, will succeed Masashi Muromachi as chief executive next month.

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