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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Jun 12, 2013
Page
12
The Labor Department reports April quits up 7.2 percent to 2.25 million, just below February’s peak. Hiring rose 5 percent to 4.4 million, while open positions slipped 3 percent to 3.75 million, painting a still uneven but improving labor market.
Google agrees to buy Waze for about 1.03 billion dollars blending social map data with its own navigation. Waze CEO Noam Bardin says Google is the best partner and rivals Facebook and Apple were also bidders though terms are not yet released.
Dole Food chair David Murdock and family offer to acquire the company at about 1.07 billion dollars with 12 per share, an 18 percent premium, while Murdock holds roughly 39.5 percent of the 89.5 million outstanding shares. Shares traded above the offer amid market talk. Christine Day steps down as Lululemon Athletica CEO after five years guiding growth and will stay until successor is named as the company forms a search committee.
Analysts say the worst may be over for upper Midwest drivers as an Illinois refinery comes back online and an Indiana plant resumes production. With maintenance wrapping up in Joliet and Whiting, prices could drop below four dollars per gallon across Wisconsin Michigan Illinois Indiana Ohio and surrounding areas within weeks.
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