week

U.S. jobless claims fall unexpectedly in latest week

The number of Americans filing initial claims for unemployment benefits fell unexpectedly last week back to near the lowest levels in decades. Initial claims for state unemployment benefits declined by 15,000 to a seasonally adjusted 234,000 for the week ended Jan. 14, the Labor Department said on Thursday. Economists polled

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U.S. jobless claims fall unexpectedly in latest week

week

Pushed by investor Ackman, Chipotle adds four new directors

(Reuters) – Chipotle Mexican Grill Inc , under pressure from activist investor Bill Ackman, named four new board members on Friday, paving the way for a reunion of sorts between its chief executive and a former top executive at McDonald's, which once owned the burrito chain.

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Pushed by investor Ackman, Chipotle adds four new directors

week

Orange CEO under fire at Tapie affair trial of IMF’s Lagarde

French telecoms boss Stephane Richard was sharply criticized by one of the judges and by a witness during the negligence trial of IMF chief Christine Lagarde in Paris this week. Richard, the chief executive of Orange , is a target of investigators in a related inquiry which has yet to conclude. Richard and five others are under formal judicial investigation on suspicion of embezzlement linked to the Tapie case.

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Orange CEO under fire at Tapie affair trial of IMF’s Lagarde

week

Yahoo set to confirm massive data breach: Recode

(Reuters) – Yahoo Inc will confirm this week a massive data breach of its service, technology news website Recode reported on Thursday, citing several sources close to the situation.

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Yahoo set to confirm massive data breach: Recode

week

Fed seen holding rates this week with hike still on horizon

By Jonathan Spicer and Ann Saphir NEW YORK/SAN FRANCISCO (Reuters) – U.S. Federal Reserve policymakers are expected to hold interest rates steady when they meet this week, but may tweak their description of the economic outlook to reflect more benign conditions, leaving the path open for future rate rises. The Fed raised its policy interest rate last December for the first time in a decade when market volatility finally subsided in the wake of a scare over China's economy. Similarly early …

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Fed seen holding rates this week with hike still on horizon

week

Asia shares rise despite weak China, Japan data; firmer yuan helps

Asian shares snapped a five-session losing streak on Monday as China's central bank fixed the yuan sharply stronger, easing fears of depreciation for now, though a string of weak data from Japan to China and Indonesia suggested the bounce may be short-lived. European shares were set to follow Asia higher. Most stock markets in

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Asia shares rise despite weak China, Japan data; firmer yuan helps

week

Top Android news of the week: New malware hits Android, Apple lawsuit tossed, ASUS ad blocking

This week in Android came news of new malware that targets Android, you can no longer yell at Cortana, and ASUS will default ad blocking.

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Top Android news of the week: New malware hits Android, Apple lawsuit tossed, ASUS ad blocking

week

The Fed Awakens

Barring a shock, the Federal Reserve will raise U.S. interest rates on Wednesday for the first time since June 2006, a full year before the global financial crisis began. Data releases will meanwhile give clues to the robustness of other economies, some of which are seen as vulnerable to

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The Fed Awakens

week

Dow, DuPont set $130 billion megamerger, could spark more deals

Dow and DuPont shares fell on Friday after spiking earlier in the week following reports of negotiations. Executives from both companies said the agrichemicals businesses have little overlap and any asset sales would likely be minor. Dow shareholders would own 52 percent of the new company after preferred shares are converted, the companies said.

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Dow, DuPont set $130 billion megamerger, could spark more deals