Llamas weren’t the only things running wild on Thursday; “Mad Money” host Jim Cramer has a stock galloping higher.» Read More
WASHINGTON— It's been an extended happy hour at U.S. bars and restaurants, which led hiring gains last month. U.S. dining establishments added 58,700 jobs in February, the Labor Department said Friday. It was a sign that solid job growth— more than 3 million positions added over the past 12 months— is causing more consumers to splurge on lunches, lattes and dinners.
*Fighting in Iraq, oil wells closure in Libya support prices. *Coming Up: Baker Hughes oil rig data at 1:00 p.m EST. NEW YORK, March 6- Oil fell on Friday as the dollar surged on bets of a near-term rate hike from strong U.S. jobs growth, offsetting an early run up in crude prices on worries about Libyan and Iraq supplies.
WASHINGTON— Treasury Secretary Jacob Lew is telling Congress that he will start using the package of emergency measures he has used in the past to keep the federal government from going over the debt limit next week. The nation's debt currently stands at $18.1 trillion. Lew says he will take the first of those measures on March 20.
Some oil was leaking from the derailed cars, said a spokeswoman for the Illinois Emergency Management Agency, but there was no evidence that it had reached a nearby river.
LORAIN, Ohio— The father of an Ohio teenager who died after ingesting caffeine powder is suing online retailer Amazon.com and companies that distribute the powder, blaming them for not providing proper warnings about its dangers. Eighteen-year-old Logan Stiner, a prom king and high school wrestler, died May 27 at home in LaGrange, southwest of Cleveland.
CLEVELAND— Ford says it is starting production of two new engines at its plant in Cleveland. The company said Friday that production is beginning at the plant on the 2.0- liter and 2.3- liter EcoBoost engines for vehicles built in North America. The company in 2013 invested nearly $200 million and added 450 new jobs to support production of the EcoBoost engines...
Mississippi could add centuries to time for property trusts. JACKSON, Miss.— Wealthy people would be allowed to put some property in trust for up to 360 years in Mississippi, under a bill that advanced another step Thursday in the state Senate. She said Mississippi banks and attorneys could lose business if Mississippi residents go elsewhere to establish a trust.
NEW YORK, March 6- A robust U.S. jobs report raised concern in markets that the Federal Reserve may raise interest rates sooner than previously thought, knocking U.S. stock and bond prices lower on Friday. "Any sign of undue strength will raise the specter of rates climbing sooner than expected, and we were already expecting rates to rise this year," said Bruce McCain,...
March 6- A train carrying 15 tanker cars of liquefied propane derailed in Essex junction, Vermont, late on Thursday, but no flammable gas was leaked and there was no danger to the public, according to a local news website on Friday. All safety systems also operated as designed, burlingtonfreepress.com reported, citing New England Railroad spokesman Mike Williams.
Apple Inc s rose $2.93 or 2.3 percent, to $129.34. Hewlett Packard Co. fell$. 14 or. 4 percent, to $33.86. International Business Machines Corp. fell$. 18 or. 1 percent, to $161.00.
Hecla Mining Co. fell$. 11 or 3.2 percent, to $3.21. Pan American Silver Corp. fell$. 22 or 2.3 percent, to $9.23. Silver Standard Resources Inc. fell$. 19 or 4.1 percent, to $4.49.
NEW YORK— Shares of some top construction companies are up at 10 a.m.:. Fluor rose$. 11 or. 2 percent, to $58.21. Quanta Services Inc. rose$. 03 or. 1 percent, to $28.73.
Ford Motor Co. rose$. 09 or. 6 percent, to $16.20. General Motors Co. fell$. 10 or. 3 percent, to $37.51. Honda Motor Co. rose$. 46 or 1.4 percent, to $33.70.
Kohl's Corp. fell$. 01 or percent, to $73.59. Macy's Inc. fell$. 07 or. 1 percent, to $63.12. Nordstrom rose$. 66 or. 8 percent, to $81.31.
Comcast Corp. rose$. 11 or. 2 percent, to $60.43. Walt Disney Co. fell$. 33 or. 3 percent, to $104.70. Gannett fell$. 12 or. 3 percent, to $34.69.
Bank of America Corp. rose$. 60 or 3.7 percent, to $16.60. Goldman Sachs rose $1.06 or. 6 percent, to $191.14. Morgan Stanley rose $1.06 or 3.0 percent, to $36.58.
Cigna Corp. fell $1.48 or 1.2 percent, to $121.03. Humana Inc. fell$. 46 or. 3 percent, to $161.65. UnitedHealth Group fell$. 37 or. 3 percent, to $114.42.
Arch Coal fell$. 03 or 2.7 percent, to $1.09. Consol Energy Inc. rose$. 05 or. 2 percent, to $30.42. Peabody Energy fell$. 24 or 3.6 percent, to $6.37.
General Electric Co. fell$. 08 or. 3 percent, to $25.74. Snap-On fell$. 56 or. 4 percent, to $146.78. Whirlpool Corp. fell $2.37 or 1.1 percent, to $208.45.
NEW YORK— Shares of some top drug benefits companies are down at 10 a.m.:. CVS Health Corp. fell$. 82 or. 8 percent, to $102.54. Express Scripts Holding Co. fell$. 09 or. 1 percent, to $84.19.