Also in this playlist...
This transcript is automatically generated
Disappointing news on the labor front is grabbing headlines more people filed for jobless benefits in the latest.
-- first time claims rose to 383000.
In the latest week that's more than expected and the highest level in more than a year.
The prior week's number was also revised higher.
Payroll process -- ADP reported private sector jobs increased this month to a gain of 133000.
The Dallas fewer positions that economists expected.
It's also considerably slower than the pace of job growth in the first quarter.
Well speaking of -- the US economy expanded in the first quarter but at a slower rate than first thought.
The one point 9% growth rate is three tenths of 1% slower than the first GDP estimate.
The revision matched economists' forecast it was mostly due to lower inventory building and trades.
Mary -- by Gaylord Entertainment brand portfolio -- management unit for 210 million bucks.
Under the plan Gaylord will -- its existing hotels and Mary -- we'll manage the properties.
He or shareholders must still approve of the company's conversion into a real estate investment trust which will still -- the grand Ole opry among its holdings.
Nike is shedding two of its smaller brands as it focuses on its -- namesake line.
The sports gear giant said it's selling its umbrella and -- on brands expects to close the sale by the end of may next year.
Struggling women's retailer Talbots has found a buyer sycamore partners is buying the chain after all for 193 million dollars in cash.
This after the takeover talks appeared to stall just last week.
-- shareholders will get two dollar said he five cents a share.
That's lower than the private equity firms prior offer but still more than double yesterday's closing price for Talbots stock.
For the latest stories log onto foxbusiness.com.
In New York I'm Robert Gray Fox Business.
Filter by section