U.S. Jobless Claims Increased by Striking Verizon Workers
Initial claims for state unemployment benefits rose 5,000 to a seasonally adjusted 417,000, the Labor Department said. Analysts see 400,000 as the level where the economy is creating net new jobs....
View ArticleApple’s Profit Doubled on Holiday Customers Snapping Up iPhones
The company reported on Tuesday that its profit for the holiday quarter more than doubled. And that was largely thanks to sales of the iPhone 4S, which, when it was introduced in October, was greeted...
View ArticleDealBook: Ex-Brokers Say JPMorgan Favored Selling Bank’s Own Funds Over Others
Librado Romero/The New York Times“Given what the customer is paying, they should be getting a lot more performance for their money,” said Geoffrey Tomes, who left JPMorgan in 2011. Facing a slump after...
View ArticleThe Media Equation: In Boston, CNN Stumbles in Rush to Break News
It’s a common impulse, although less common than it used to be. The news audience has been chopped up into ideological camps, and CNN’s middle way has been clobbered in the ratings. The legacy...
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