U.S. employers steadily added jobs in June, but wages were flat and the participation rate fell, suggesting pockets of weakness remain in the labor market. Unemployment fell to 5.3%.
Sealed Air, the original seller of Bubble Wrap since 1960, is rolling out a revamped version of its signature product with one key difference: The bubbles don’t burst when pressure is applied.
U.S. stock futures held on to early gains after the June employment report showed a steady addition of new jobs last month.
Centene agreed to buy Health Net for about $6.3 billion in a move that will boost the Medicaid-focused health insurer’s presence in the western U.S.
The number of Americans filing new claims for jobless benefits rose last week, but the level remains historically low.
The Puerto Rico Electric Power Authority paid all principal and interest due to bondholders, buying the troubled utility time as it works to reach a deal with creditors.
In Europe, UPS and DHL are investing in hubs and warehouses, and FedEx is seeking approval for its acquisition of TNT as they jockey to take advantage of opportunities presented by the euro’s weakness.
Puerto Rico’s economic problems stem in some part, some economists say, from how the U.S. commonwealth has to operate under the same minimum-wage rules as the more prosperous 50 states.
Spanish-language broadcaster Univision launched the process for an IPO in a filing Thursday with the Securities and Exchange Commission.
The Japanese watchmaker, under a new president, looks to enter the smartwatch fray, four decades after it introduced its first digital wristwatch.