Unemployment aid applications rise to 352000
Unemployment benefit claims increased by 4000 to a seasonally adjusted 352000, with the four week average up 2750 to 361250. The Labor Department notes volatility around Easter and says the modest growth supports ongoing but slower job gains in March. Employers added 88000 jobs in March, well below the 220000 average from the prior four months.
MENTIONED IN THIS ARTICLE
Washington, D.C
March
Labor Department
Jim Baird
Plante Moran Financial Advisors
Stocks Fall As Global Slowdown Fears Intensify
Markets declined for a second time this week as investors priced in a slower global economy. Oil copper and energy shares bore the brunt while government bonds rallied as the 10 year Treasury yield dropped. Tech and financials led losses with Apple Bank of America and energy names sliding. S P 500 fell 22 points to 1,553 from a record 1,593 a week earlier.
MENTIONED IN THIS ARTICLE
New York
Treasury
Apple
Bank of America
Wall Street
Standard & Poor
Two J C Penney Executives Depart Amid Restructuring
New York AP Two top Penney executives Michael Kramer COO and Dan Walker chief talent officer have left the company. They were hires from November 2011 under Ron Johnson who was ousted April 8 after failed reinvention plans. Kramer will receive a 2.1 million cash payout as Penney reports nearly a billion-dollar loss and 25 percent revenue drop for the year ending February 2.
MENTIONED IN THIS ARTICLE
New York
J.C. Penney
Michael Kramer
Dan Walker
Kramer
Walker
Penney
Ron Johnson
Johnson
Mike Uilman
Securities and Exchange Commission
Also Mentioned on This Page
Green Mountain
Michael Capolino
New York Stock Exchange
Lamb
Turkey
Herbal Solutions
Natural Solutions
You & Your Pets
Aiken’s Choice
Centre South
Chesterfield ST
Aiken
Aiken Ophthalmology
Penal Geass
Ilasik
Georgia Ave
Anousta
Pepper Mill
Citizens's Park
Banks Mill Road
Clearchannel
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