NEW YORK, Oct 5- U.S. stocks rose on Monday, with the S&P 500 up for a fifth day in a row for the first time this year, as rising oil prices boosted energy stocks and investors bet the Federal Reserve would delay raising interest rates until 2016.. The Dow Jones industrial average rose 304.06 points, or 1.85 percent, to 16,776.43, the S&P 500 gained 35.61 points, or 1.82...» Read More
SAN JUAN, Puerto Rico-- The U.S. government has a new fight in Vieques, the Puerto Rican island that was used as a Navy bombing range for decades. Under a proposal favored by the Navy, the cleanup of the area would be deemed complete even though about 200 acres has not been cleared of munitions debris, some potentially still live.
NEW YORK-- Stop if you've heard this one before: the NHL is losing games because of a lockout. In a widely anticipated move, the NHL announced Thursday that 82 games between opening night next week and Oct. 24 have been canceled because of the ongoing fight with the players' association that had already forced the league to eliminate the preseason schedule.
NEW YORK-- Beauty products seller Avon Products said Friday that its chairman and former CEO Andrea Jung will step down at the end of the year, ending her 18- year tenure at the company. She was replaced as CEO by Johnson& Johnson executive Sherilyn S. McCoy in April but retained her chairman title.
NEW YORK-- Shares of Mercury Computer Systems Inc. sank 17 percent before the opening bell Friday as analysts cut their expectations for future profits after the defense contractor cut its outlook for its most recent quarter.
The project tracked more than 9,000 women in St. Louis, many of them poor or uninsured. Jeffrey Peipert of Washington University in St. Louis in a study published Thursday.
PRAGUE-- Czech state-run power utility CEZ says it has rejected a bid by France's state-owned nuclear engineering giant Areva SA to build two more nuclear reactors at the Temelin nuclear plant. CEZ says Areva's bid has not met necessary criteria to run for the contract, estimated to be worth more than $10 billion.
The Labor Department said employers added 114,000 jobs in August. Benchmark oil is now down 44 cents to $91.27 per barrel in electronic trading in New York. A four percent jump on Thursday followed a 4 percent decline on Wednesday as traders assess the strength of global oil demand while watching development surrounding Syria in the Middle East.
NEW YORK-- U.S. stock futures are rising after a government report showed the U.S. unemployment rate fell below 8 percent for the first time in four years and the economy gained 114,000 jobs in September. The Labor Department said the unemployment rate declined to 7.8 percent, matching its level in January 2009 when President Barack Obama took office.
WARSAW, Poland-- Thousands of health care workers are marching in Warsaw to demand higher pay and protest government plans to privatize parts of the health care system. Nurses from Belgium, France, Greece and other European Union nations also joined the Friday rally.
WASHINGTON-- The U.S. unemployment rate fell to 7.8 percent last month, dropping below 8 percent for the first time in nearly four years and giving President Barack Obama a potential boost with the election a month away. The Labor Department said employers added 114,000 jobs in September.
FOOTHILL RANCH, Calif.-- In a win for The Clinton Group, the chairman of Wet Seal and three other directors have stepped down from its board, replaced by four nominees of the activist investor group unhappy with the struggling teen retailer's performance. Wet Seal Inc., based in Foothill Ranch, Calif., and The Clinton Group have been in a proxy fight.
TOKYO-- Mitsubishi Motor and Mazda have reported a plunge in China auto sales for September when tensions between Japan and China escalated into anti-Japanese riots. Mitsubishi Motors Corp. said Friday its China sales dived 63 percent to 2,340 vehicles in September from 6,307 a year earlier.
NEW YORK-- U.S. stock futures are rising modestly ahead of key U.S. jobs figures that will provide insight into the world's largest economy with just over a month to go before the U.S. presidential election. Dow futures are up 20 points to 13,518. The broader S&P 500 futures are up 2 points to 1,457. Nasdaq futures are up 6 points to 2,828..
SANTA MONICA, Calif.-- Lionsgate has promoted Brian Goldsmith to co-chief operating officer. He will serve as co-COO with Steve Beeks and will report to CEO Jon Feltheimer. Lions Gate Entertainment Corp. has headquarters in Santa Monica, California, but is based in Vancouver, British Columbia.
NEW YORK-- Shares of Zynga tumbled in premarket trading on Friday as the online game maker said that it expects a third-quarter loss due to weak demand for some of its titles. Zynga Inc. anticipates a third-quarter loss of 12 to 14 cents per share. Brian Pitz of Jefferies lowered Zynga's price target to $2.50 from $3 and maintained a "Hold" rating.
NEW YORK-- Olive Garden is tossing out its famous "When You're Here, You're Family" slogan to cater to a more modern lifestyle. It was a very stereotypical Italian family dinner, "said Jay Spenchian, executive vice president of marketing at Olive Garden.
BERLIN-- Government data show that industrial orders in Germany, Europe's biggest economy, were down 1.3 percent in August compared with the previous month _ a decline led by slacker demand at home. The Economy Ministry said Friday that the drop followed a slight 0.3 percent gain in July.
In Europe, the FTSE 100 index of leading British shares was up 0.3 percent at 5,846 while Germany's DAX rose 0.5 percent to 7,342. The CAC-40 in France was 0.7 percent higher at 3,427.. The price of oil was steady after advancing in the wake of concerns of rising tensions between Turkey and Syria _ the benchmark New York rate was 74 cents lower at $90.95 a barrel.