US job market stalls as 30,000 added in June
The Labor Department reports 30,000 new jobs in June with the unemployment rate at 8.2 percent. Analysts warn of a summer slump as three months show weak growth averaging 75,000 monthly. Obama defends recovery while Romney blasts the results during campaign tours.
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Heinz CEO pay falls in 2012 amid lower profits
Heinz says CEO William Johnson received a 14.4 million pay package for fiscal 2012 down 8 percent from the prior year with 1.3 million salary and 4.1 million in stock. Net income for the year ending April 29 declined 7 percent as the firm faced softer demand and performance based bonuses.
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