U.S. employers added 295,000 jobs to payrolls in February and the unemployment rate rose fell to 5.5%, the Labor Department said Friday.
A wave of foreign takeovers is steering more tax revenue away from Uncle Sam.
Tribune Media Co. posted upbeat revenue guidance for the year, as higher advertising revenue and retransmission fees helped its earnings more than double in the December quarter.
As oil-storage tanks near capacity, some analysts predict the spillover will send crude prices even lower.
Foot Locker posted better-than-expected results in its holiday quarter as the sportswear retailer continues to benefit from strong sales growth.
Staples Inc., awaiting regulatory approval for its deal to merge with rival Office Depot Inc., swung to a loss in its fourth quarter as it took a write-down on some of its international businesses.
Big Lots Inc. reported its fourth consecutive quarter of same-store sales growth, but warned that sales for fiscal 2015 would be flat.
The modest pickup in eurozone economic growth in the final months of last year was aided by rising investment and exports, a boost to hopes that the currency area’s recovery will strengthen this year.
Sompo Japan Nipponkoa Holdings said it has decided to spend about $915 million to buy a stake in French reinsurance giant Scor.
Low prices and speedy production have made Ashley by far the biggest U.S.-based furniture maker and retailer. Now, it is turning its sights on Asia as it outgrows the McMansion.