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Factory Orders Drop in March

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  • Description

    FBN's Tracy Byrnes breaks down late-morning market news.

  • Duration 0:55
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It's different with your Fox Business -- -- hiring in the private sector slowed in April on a troubling -- just two days of where the big monthly employment report from the government.

That's due out Friday.

According to payroll processing firm ADP 1191000.

Jobs -- -- that is sharply lower than what analysts had expected.

And demand for manufactured goods posting its biggest drop in three years.

Factory orders fell one and a half percent in March its biggest decline since March 2009 -- figure was driven lower by a drop in orders for commercial aircrafts.

And Starbucks appoints former Defense Secretary Robert Gates -- board of directors.

Gates will serve on the board's nominating and corporate Governance Committee.

-- retired in June of last year he was given the presidential medal of freedom the highest honor a president can -- -- on a civilian.

And that's the latest from the Fox Business Network giving you the -- prospect.

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