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US Jobless Claims Rise, but Don't Sound Alarm Yet

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  • LONDON, May 2- London copper rose slightly on Thursday as investors bought after recent declines and the European Central Bank cut interest rates to an all-time low, although gains were capped by worries about global growth and surplus supply.

  • In Malaysia, online election battles take a nasty turn Saturday, 4 May 2013 | 12:28 AM ET

    KUALA LUMPUR, May 4- Ahead of Malayasia's elections on Sunday, independent online media say they are being targeted in Internet attacks which filter content and throttle access to websites, threatening to deprive voters of their main source of independent reporting. "Our concern is that we'll see a repeat of that on May 5.

  • NEW YORK, May 3- Oil jumped more than $1 to the highest in at least three weeks on Friday, spurred on by better-than-expected job growth in the United States that raised the prospect of stronger demand in the world's top oil consumer. Brent crude rose $1.34, or 1.3 percent, to settle at $104.19 a barrel after a high of nearly $105.

  • Berkshire Hathaway 1st-qtr profit rises 51 pct Friday, 3 May 2013 | 5:14 PM ET

    OMAHA, Neb., May 3- Warren Buffett's company Berkshire Hathaway Inc on Friday said first-quarter profit rose nearly 51 percent, helped by improved results in insurance and gains from its investments and derivative contracts. Net income increased to $4.89 billion, or $2,977 per Class A share, from $3.25 billion, or $1,966 per share, a year earlier.

  • NEW YORK, May 3- The New York and Delaware attorneys general and the U.S. housing regulator on Friday dropped their objections to Bank of America Corp's proposed $8.5 billion settlement with investors in Countrywide mortgage-backed securities, according to court filings.

  • OMAHA, Neb., May 3- Warren Buffett's Berkshire Hathaway Inc on Friday said quarterly profit rose nearly 51 percent on a solid performance in insurance and by many of its other businesses, as well as gains from investments and derivatives.

  • Executives from Monsanto Co., DuPont, and Dow Chemical, among the world's largest developers of biotech crops and the chemicals used to help produce them, told Reuters this week they are putting together a campaign aimed at turning the tide on what they acknowledge is a growing public sentiment against genetically modified organisms used as ingredients in the nation's food supply.

  • CHICAGO, May 3- U.S. grain farmers have enjoyed a rare combination of soaring prices and land values since 2009 but if incomes dip as expected they should be careful not to fall into the trap of borrowing against inflated land values, the Kansas City Federal Reserve said in a report on Friday.

  • BRASILIA, May 3- Amazon Indians on Friday refused to end their occupation of a building site that has partially paralyzed work on the world's third largest hydroelectric dam for two days.

  • May 1- DreamWorks Animation SKG Inc has agreed to buy teen- oriented YouTube network AwesomenessTV to secure an online platform to showcase family-focused movie franchises such as "Shrek" and " Kung Fu Panda."

  • LONDON, May 3- Copper jumped more than 5 percent on Friday, on track for its strongest daily gain in almost 18 months, as economic stimulus moves by central banks raised investor confidence over growth of industrial metals demand.

  • NEW YORK, May 3- The Dow and S&P 500 advanced to all-time intraday highs on Friday, with major indexes jumping 1 percent after an unexpectedly strong April jobs report eased concerns about the economy. Bellwether companies, including Chevron Corp, Boeing Co and Johnson& Johnson, reached 52- week highs.

  • *Munger says Apple is very different than Berkshire. OMAHA, Nebraska, May 3- Warren Buffett's Berkshire Hathaway Inc would be "stark raving mad" to rule out another giant acquisition like its 2009 Burlington Northern takeover, but high prices have made attractive targets scarce now, its vice chairman said on Friday.

  • NEW YORK, May 3- If there is a stock market superhero these days, it is the humble dividend. The companies in the Standard& Poor's 500 Index doled out a record $281.5 billion in dividends in 2012, and payouts in 2013 are slated to rise even higher.

  • May 3- Wall Street took a long-tem view on LinkedIn Corp's prospects on Friday, with at least six brokerages raising their price targets despite the company's slower-than-expected shift to a marketing model based on selling ads on news feeds.

  • METALS-Copper leaps nearly 5 pct on stimulus push Friday, 3 May 2013 | 7:42 AM ET

    LONDON/ SINGAPORE, May 3- Copper jumped almost 5 percent and was on track for its strongest gain in almost a year and half as economic stimulus moves by central banks raised investor confidence over industrial metals demand growth.

  • UPDATE 1-Cigna first-quarter profit beats expectations Thursday, 2 May 2013 | 6:41 AM ET

    May 2- Cigna Corp on Thursday reported a 39 percent rise in first-quarter earnings, beating analysts' expectations, as the insurer benefited from its acquisition of Medicare specialist HealthSpring and international growth, particularly in South Korea.

  • *Shanghai copper rises 3.2 pct, other base metals up too. SINGAPORE, May 3- London copper jumped more than 2 percent on Friday and appeared on course for its best day in four months, backed by more confidence in the global economy as central banks moved to stimulate growth which would boost demand for industrial metals.

  • *London copper up as much as 2.7 pct, biggest gain since Jan. SINGAPORE, May 3- Copper prices jumped more than 2 percent on Friday, backed by more confidence in the global economy as central banks moved to stimulate growth which would boost demand for industrial metals.

  • UPDATE 3-Kraft Foods profit beats Street, shares rise Thursday, 2 May 2013 | 6:53 PM ET

    May 02- Kraft Foods Group Inc posted quarterly earnings that far exceeded Wall Street estimates on Thursday, as increased spending on some of its biggest brands paid off, sending the company's shares higher.

Most Popular Video

Wednesday, 19 Jun 2013 | 10:13 AM ET

No reason has been given yet for the departure of founder and executive chairman George Zimmer, reports CNBC's Courtney Reagan. Zimmer has long been the face of the company.

Wednesday, 19 Jun 2013 | 10:52 AM ET

CNBC's Rick Santelli, explains why he hears 'crickets" when he asks questions about Fed Chairman Bernanke's policies. "Enough is enough," he rants.

Wednesday, 19 Jun 2013 | 11:36 AM ET

Are reporters lobbing "softball" questions at the Fed chairman? CNBC's Rick Santelli and the Wall Street Journal's Jon Hilsenrath, debate whether the economy continues to need quantitative easing. I'm trying to inform the public about what the Fed is up to, says Hilsenrath.