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Rivers including the Mississippi and Illinois are expected to remain in "major flood stage" through this weekend, as more rain and snow fell on much of the Midwest. NBC News reports.
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Initial claims for state unemployment benefits dropped to a seasonally adjusted 339,000, the Labor Department said on Thursday. "The trend suggests a very slow improvement in the labor market," said Gary Thayer, a macro strategist at Wells Fargo Advisors in St. Louis.
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WASHINGTON, April 25- The number of Americans filing new claims for unemployment benefits fell last week by a surprisingly large 16,000, offering reassurance the bottom is not falling out of the labor market despite signs of slower growth.
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WASHINGTON, April 25- The number of Americans filing new claims for unemployment benefits fell last week by a surprisingly large 16,000, offering reassurance the bottom is not falling out of the labor market despite signs of slower growth.
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*EPS $2.12 vs Street's $2.05. April 25- Exxon Mobil Corp said on Thursday its quarterly profit edged up, helped by higher earnings in its chemicals business but oil and gas production fell. First-quarter profit for the world's largest publicly traded oil company totaled $9.5 billion, or $2.12 per share, compared with $9.45 billion, or $2 per share, a year earlier.
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April 23- Barge shipping on the Illinois River and parts of the Mississippi River will remain impeded until at least early next week as the flood-swollen waterways slowly recede from record- or near-record-high crests, according to the U.S. Coast Guard and Army Corps of Engineers.
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Rivers including the Mississippi and Illinois are expected to remain in "major flood stage" through this weekend, as more rain and snow fell on much of the Midwest. NBC News reports.
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April 22- Commercial shipping traffic was moving again on the Mississippi River south of St. Louis after a pair of barge accidents that forced the U.S. Coast Guard to close the waterway over the weekend, but navigation remained severely impaired further north.
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April 22- The Mississippi River reopened to commercial navigation on Monday afternoon along a 15- mile stretch near St. Louis after an aerial survey found that none of the 11 barges that sank in the channel over the weekend posed a risk to navigation, the Coast Guard said.
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April 22- The Mississippi River reopened to commercial navigation on Monday afternoon along a 15- mile stretch near St. Louis after an aerial survey found that none of the 11 barges that sank in the channel over the weekend posed a risk to navigation, the Coast Guard said.
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April 22- Barge shipping on the Illinois River and parts of the Mississippi River was at a standstill on Monday as flooding forced the closure of numerous locks and crews worked to recover dozens of barges that broke free in flood-swollen currents.
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The U.S. Coast Guard closed the Mississippi between river mile markers 155 and 170 near St. Louis after 114 barges broke free from a fleeting area late on Saturday and 11 of them sank. The Coast Guard did not have an estimate for when navigation may resume.
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TORONTO, April 19- Corporate Canada looks set to post lackluster first-quarter results, but lowered expectations and a sharp selloff earlier this week may set the stage for near-term share price gains.
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CHICAGO, April 19- Torrential downpours across a broad swath of the U.S. The Army Corps of Engineers is closing locks along a 150- mile stretch of the Mississippi River from roughly Davenport in Iowa to Hannibal, Missouri. The Mississippi and other major rivers are expected to begin cresting Sunday- and likely will run over levies in some areas.
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April 18- Eight Mississippi River locks between Muscatine, Iowa, and Clarksville, Missouri, were expected to close beginning on Friday as the rain-swollen waterway rises above flood stage, the U.S. Army Corps of Engineers said on Thursday.
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*Morgan Stanley had biggest team defections in first quarter. Roughly half of the $23 billion assets were managed by advisers who departed Morgan Stanley's wealth management unit. "This is not a prime recruiting environment right now," said San Diego- based financial services recruiter Ron Edde, of Millennium Career Advisors.
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April 15- U.S. regulators plan to fault JPMorgan Chase& Co, which served as Bernie Madoff's main bank for two decades, for failing to conduct adequate due diligence and report suspicious activity, according to a person familiar with the matter.
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WASHINGTON, April 15- The U.S. Supreme Court agreed on Monday to intervene in a dispute between a Sprint Nextel Corp subsidiary and the utilities regulator in Iowa. Windstream had billed Sprint for access charges for the Internet calls, known as "voice over Internet protocol" or VoIP calls.
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*FOMC minutes released, ahead of schedule, at 9 a.m. EDT. NEW YORK, April 10- U.S. stocks rose more than 1 percent on Wednesday, with the S&P 500 climbing to a new all-time intraday record as investors scooped up technology and financial shares that have lagged gains in other sectors recently.
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*FOMC minutes released, ahead of schedule, at 9 a.m. EDT. NEW YORK, April 10- U.S. stocks rose on Wednesday, with the S&P 500 climbing to a new all-time intraday record as investors scooped up technology and financial shares that recently lagged other sectors' gains. Boosting the Nasdaq, Facebook Inc jumped 3.9 percent to $27.62.
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NEW YORK, April 5- U.S. The jobs news when combined with weaker global equity markets, the Bank of Japan's recently announced monetary stimulus program, and escalating tension in the Korean peninsula encouraged investors to buy bonds, pushing yields lower. "