WASHINGTON'S LEADING BUSINESS MAGAZINE

Daily Intel

Fewer Americans filed for unemployment benefits last week
WASHINGTON (AP) — Fewer people sought U.S. unemployment benefits last week, evidence that strong hiring should continue despite signs of slower economic growth at the start of 2015. The decrease suggests that a recent slowdown in manufacturing,...
Mar 26, 2015 | 5:26 PM
US market open lower, pushing losing streak to a 4th day
NEW YORK (AP) — U.S. stock indexes are opening modestly lower as the market extends a losing streak to a fourth day. Energy stocks rose as the price of oil increased U.S. crude gained $1.28 to $50.51 a barrel in New York.
Mar 26, 2015 | 5:26 PM
US applications for jobless benefits dip to 282k; sign employers are shrugging off slow winter
WASHINGTON (AP) — US applications for jobless benefits dip to 282k; sign employers are shrugging off slow winter.
Mar 26, 2015 | 4:26 PM
Facebook's Messenger app to mix business with more pleasure
By the end of April, Messenger will also be adding the ability to display store receipts and shipping information to help consumers keep track of their interactions with merchants and other businesses. Since Messenger's introduction four years ago...
Mar 26, 2015 | 4:26 PM
Silicon Valley gender discrimination lawsuit goes to jury
During closing arguments, attorney Therese Lawless told the jury to let defendant Kleiner Perkins Caufield & Byers and other firms know that everybody deserves a fair and equitable workplace. The lawsuit has shined a light on gender imbalance...
Mar 26, 2015 | 4:26 PM
Maersk Line in major container order with China's COSCO
COPENHAGEN, Denmark (AP) — Maersk Line says it has ordered seven ice-class container vessels from Chinese shipyard COSCO as a first step in a $15 billion investment program. The world's largest container company, Maersk Line is on a five-year...
Mar 26, 2015 | 4:26 PM
Shell cuts staff numbers in North Sea operations
Paul Goodfellow, Shell's upstream vice President for the U.K. and Ireland, says that despite tax breaks pledged by the British government, the industry had to double "its efforts to tackle costs and improve profitability if the North Sea is to...
Mar 26, 2015 | 4:26 PM
HJ Heinz buys Kraft to build $28 billion food giant
NEW YORK (AP) — Some of the most familiar names in ketchup, pickles, cheese and hot dogs are set to come under the same roof after H.J. Heinz Co. announced plans Wednesday to buy Kraft and create one of the world's largest food and beverage...
Mar 26, 2015 | 3:26 PM
Silicon Valley gender discrimination lawsuit goes to jury
SAN FRANCISCO (AP) — Jurors began deliberating Wednesday in a gender bias case that has drawn attention to the treatment of women in Silicon Valley after hearing an impassioned plea urging them to send a strong message to the venture capital...
Mar 26, 2015 | 3:26 PM
US stocks extend losses to a fourth day, oil price gains
NEW YORK (AP) — U.S. stocks are edging lower in midday trading, extending the market's losses to a fourth day. SanDisk dropped 17 percent, the most in the S&P 500, after the maker of flash memory chips cut its revenue forecast.
Mar 26, 2015 | 3:26 PM