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Supreme Court rejects Apple e-books price-fixing appeal
March 7, 2016 by publisher · Leave a Comment
By Lawrence Hurley WASHINGTON (Reuters) – The U.S. Supreme Court on Monday declined to hear Apple Inc's challenge to an appellate court decision that it conspired with five publishers to increase e-book prices, meaning it will have to pay $450 million as …
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Supreme Court rejects Apple e-books price-fixing appeal
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Oil hits 2016 high above $40; glut warnings resurface
March 7, 2016 by admin · Leave a Comment
Brent crude rose on Monday, hitting a 2016 peak above $40 a barrel as producers sought a new anchor price for oil after a selloff that has lasted nearly two years, although some analysts warned the global glut is still big. Global crude prices have risen more than 40 percent since two months ago when…
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Oil hits 2016 high above $40; glut warnings resurface
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Jobless claims rise sharply during holiday week
January 1, 2016 by admin · Leave a Comment
The number of Americans filing new claims for unemployment benefits rose sharply last week, a potential signal the job market was losing steam although some of the increase might be attributed to temporary holiday factors. Initial claims for state unemployment benefits rose 20,000to a seasonally adjusted 287,000 for the week ended Dec.26, the U.S. Labor Department said on Thursday. Many economists expect a slower pace of job market improvement in 2016 even as the unemployment rate falls further from its current 5 percent.
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Jobless claims rise sharply during holiday week