Jobs rise in June with 222000 added across sectors
U S labor market strengthened in June as private and government employers added 222000 jobs. Unemployment held at 4.4 percent, revisions lift April and May gains by 47000. Average hourly pay up four cents to 26.25 amid slower wage growth and ongoing expansion. The Fed signaled rate hikes to normalize policy with a 0.25 point rise to 1.25 percent on June 14.
MENTIONED IN THIS ARTICLE
Washington
U.S
Labor Department
Donald Trump
Trump
Federal Reserve
Lawsuit Targets Drugmakers Over Abuse Deterrent Painkillers
California counties Santa Clara and Orange allege Endo Pharmaceuticals and Purdue Pharma promoted abuse deterrent formulations despite knowledge the protections failed. Endo withdrew Opana ER after FDA pressure. Purdue faces claims tied to OxyContin and Hysingia. The suits seek to fund opioid crisis responses amid rising overdose deaths and public health costs.
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Accus Ao
Endo Pharmaceuticals
Food and Drug Administration
Endo
FDA
Indiana
California
Santa Clara
Orange
Danny Chou
Chou
Purdue
Purdue Pharma
Sears announces more closings across United States
Sears Holdings says it will close 43 additional Sears and Kmart stores nationwide as part of a plan to cut losses and reduce excess store space. The Cedar Rapids area still hosts a Sears at Lindale Mall while prior Iowa closings included Iowa City Marshalltown Dubuque Sioux City and Waterloo.
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Sears Holdings
Sears
Kmart
United States
Business Insider
Eddie Lam
Pert
Iowa
Kmarts
Lindale Mall
First Avenue NE
Cedar Rapids
Iowa City
Marshalltown
Dubuque
Sioux City
Waterloo
Harold's Chicken returns to downtown Cedar Rapids
Harold's Chicken Iowa opens a permanent location in The Roosevelt building at 200 First Ave NE after a soft opening weekend. CEO Gerald Seals says the training period precedes the official Monday opening as the team ensures the product meets customer standards.
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Harold
Cedar Rapids
Harold’s Chicken
Chicago
Roosevelt Building
First Ave
Gerald Seals
Harold’s Chicken Iowa
Sears
Harold’s
Roosevelt
Jerseys
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Bill Putnam
CME Group
Pharmaceutical Company
Calif
Purdue Phar
Senate
Matthew Patane
the Gazette
Reuter
Natthew
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Thegazette
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