Strong US payrolls give stock markets a boost LONDON (AP) — Forecast-busting U.S. jobs data gave stocks ... hiring by adding 287,000 jobs in June, a robust pace that suggests a resilient U.S. economy recovering from a slump early in the year. The hiring spurt marked a sharp improvement from May's ... 07/7/2016 - 11:41 pm | View Link
Could British exit from EU be watershed for global economy? Some, like outgoing Finnish Finance Minister Alexander Stubb, compare Brexit to the 2008 collapse of U.S ... stocks and seeking safety in government bonds, analysts say. The pound has already fallen in value against other currencies and would likely fall ... 06/19/2016 - 10:13 pm | View Link
US gains just 38K jobs, fewest in 5 years; rate at 4.7 pct. WASHINGTON (AP) — U.S ... the fall and winter, but that trend has partially reversed in April and May. The government has estimated that the economy grew at just a 0.8 percent annual rate in the January-March quarter. Yet Friday’s dismal ... 06/3/2016 - 1:45 am | View Link
World stocks fall on dismal US hiring report ... for the U.S. economic recovery sent investors fleeing from stocks. A weak U.S. jobs report flustered investors and intensified fears that a global recession was in the making. The dismal report released Friday came on the heels of other data that ... 06/4/2012 - 12:01 am | View Link
World stocks fall on dismal US hiring report ... for the U.S. economic recovery sent investors fleeing from stocks. A weak U.S. jobs report flustered investors and intensified fears that a global recession was in the making. The dismal report released Friday came on the heels of other data that ... 06/3/2012 - 9:10 pm | View Link
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A fire at a northern Illinois propane gas business forced the evacuation of the area around the facility and attracted crews from 30 suburban Chicago fire departments before being extinguished.
Authorities say no injuries resulted from Thursday's fire at the Pinnacle Propane plant.
Gurnee Deputy Police Chief Willie Meyer says initial calls to the department's emergency number came from people who thought exploding propane tanks were gunshots.
Area residents and workers were ordered to leave by Gurnee police as a safety measure.
Firefighters from Libertyville, Round Lake and Waukegan were among those fighting the fire.
A Pinnacle Propane spokesman said in a statement that an investigation is being conducted to determine the cause of the incident, and "to mitigate the risk of any future incidents."
A business touted by Poway last year in a promotional video as being a shining example of innovative and cutting-edge companies calling the city home has folded -- one year after a prototype of its energy storage device exploded inside a warehouse.
Microsoft says it is cutting 2,850 jobs, about 2.5 percent of its workforce, as it further scales back its troubled smartphone business.
A spokeswoman says the layoffs will mostly affect workers in the company's smartphone hardware operation and related sales teams.