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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
May 07, 2016
Page
7
The Labor Department reports 160000 net new jobs in April, below expectations and down from March's 208000. Unemployment remains 5 percent, with labor force participation at 62.8 percent. Wage growth stays solid with average hourly earnings at 25.53 dollars, up eight cents.
The company pledges to extend Prime Same Day delivery to every zip code in the 27 cities where the service operates before expanding further. It will not launch in new regions until last mile carriers cover all zips, with Chicago’s South Side, Boston, and New York City promised next.
The piece traces Jeep from its WWII origins and the Civilian Jeep to today’s FCA portfolio. It notes 1.2 million global sales last year with 22 percent growth, Latin America leading gains, and the Wrangler lineage linking to Mercedes and Fiat architectures. It highlights a global, corporate-history narrative.
U S stocks gain modestly after the government reports 160000 new jobs, easing fears of immediate rate hikes. Dow rises to 17740.63, S&P 500 to 2057.14, Nasdaq to 4736.16 as investors weigh weak global growth and tepid earnings.
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