What's News: Business & Finance
May 06 2016 - 11:40PM
Dow Jones News
U.S. companies slowed the pace of hiring in April while paying
workers only slightly more, knocking down expectations for a Fed
rate increase next month.
Sumner Redstone said in a deposition he wanted his daughter
Shari to make his health-care decisions.
The Treasury Department rejected a proposal to cut pensions for
hundreds of thousands of truck drivers and other service
personnel.
Puerto Rico's governor said the territory won't make an $800
million payment on the island's general-obligation debt due July
1.
ArcelorMittal said U.S. and European steel markets are
stabilizing after record Chinese exports sent prices
plummeting.
Stock indexes fell for a second week despite advancing Friday.
The Dow rose 79.92 points to 17740.63.
The leader of a digital-currency firm was sentenced to 20 years
in prison for a money-laundering scheme.
A Tribune Publishing shareholder publicly urged the board to
engage in negotiations with Gannett.
(END) Dow Jones Newswires
May 06, 2016 23:25 ET (03:25 GMT)
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