February jobs report signals resilient U S economy
A robust February payroll gain of 242,000 jobs with unemployment at 4.9 percent shows the labor market strengthening despite global headwinds. Participation rose to a 13 month high as retailers restaurants construction and health care drove hiring while manufacturing and fossil fuel firms cut jobs. Fed rate path could rise with June expectations.
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Delta rewrites miles as currency to fuel premium cabin sales
Delta Air Lines plans to price front cabin seats higher and sell more of them, turning SkyMiles into a currency for controlling travel experience. The aim is 70 percent of first and business seats sold by 2018, up from 57 percent, with tiered miles earning and ongoing scrutiny from rivals and frequent fliers.
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Amazon removes encryption from tablets in Fire OS 5
Amazon says customers weren’t using local data encryption on Fire tablets and removed it with Fire OS 5, a move amid broader debates over encryption as Apple faces government access pressures. Encryption had scrambled data but was eliminated to simplify features as older tablets received OS updates.
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