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Business - Jobless claims drop, point to stronger labor market

WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, a sign the labor market may be tightening. Initial claims for state unemployment benefits dropped 8,000 to a seasonally adjusted 287,000 in the week ended Sept. 27, the Labor Department said on Thursday. Economists polled by Reuters had forecast claims rising to 297,000 last week. Claims have fallen steadily since the nation emerged from the 2007-09 recession and are currently lower than they were before the country`s economic crisis began. ...

Thursday, October 02, 2014  14:27


World - Libyan soldiers killed in Benghazi attacks

By Ayman al-Warfalli BENGHAZI Libya (Reuters) - Up to 12 Libyan soldiers were killed and 60 wounded in a double suicide bombing and clashes in the port city of Benghazi on Thursday, medics said. Four people were also killed in a separate attack by suspected Islamists on an army checkpoint in Qubah, east of Benghazi, hospital officials said. Libya is being racked by violence as the armed groups which helped topple Muammar Gaddafi in 2011 turn their guns on each other in a struggle for the country`s vast oil resources and political domination. ...

Thursday, October 02, 2014  14:02


World - Seven Libyan soldiers killed in Benghazi bombs and clashes: army commander

BENGHAZI Libya (Reuters) - Seven Libyan soldiers were killed and 50 wounded in a double suicide bombing and clashes in the eastern city of Benghazi on Thursday, an army commander said. Libya is being racked by violence as the armed groups which helped topple Muammar Gaddafi in 2011 turn their guns on each other in a struggle to dominate politics and the country`s vast oil resources. In Benghazi, special army forces allied to brigades of former general Khalifa Haftar have been fighting Islamist brigades including Ansar al-Sharia, blamed by Washington for an attack on the U.S. ...

Thursday, October 02, 2014  11:53


Middle East - At War Blog: Helping Veterans Find Their Place, This Time on Campus

Organizations like the Posse Foundation are trying to bring more veterans to the nation`s elite four-year colleges and universities.

Monday, September 29, 2014  15:21


World - UK revises up Q2 economic growth to 0.9 percent

LONDON (AP) — The U.K. economy grew faster in the second quarter than previously estimated, with official figures revising up the quarter-on-quarter growth rate by 0.1 percentage points to 0.9 percent.

Tuesday, September 30, 2014  11:17


World - 2011 Tour champ Cadel Evans to retire in February

Former Tour de France winner Cadel Evans will retire in February after a final race before home fans in Australia.

Thursday, September 25, 2014  20:50


Business - Avon wins dismissal of lawsuit over China bribery

By Jonathan Stempel NEW YORK (Reuters) - Avon Products Inc on Monday won the dismissal of a securities fraud lawsuit accusing the cosmetics company of concealing its inability to stop workers from bribing officials in China to win business there. District Judge Paul Gardephe in Manhattan found no showing that Avon, former Chief Executive Andrea Jung and former Chief Financial Strategy Officer Charles Cramb intended from 2006 to 2011 to deceive shareholders about the company`s knowledge of alleged bribery, such as through corrupt `dinner and karaoke` events, and dependence on bribes to boost sales. The lawsuit was brought on behalf of shareholders from July 31, 2006 to Oct. 26, 2011, and had claimed that Avon`s corporate culture was `actively hostile` to effective oversight.

Monday, September 29, 2014  19:20


Sports - Gibson fired as manager of the Diamondbacks

(Reuters) - Kirk Gibson was fired as manager of the Arizona Diamondbacks after posting the worst record in the National League, the club announced on Friday. Also relieved of his duties was bench coach and Gibson`s former Detroit Tigers team mate Alan Trammell. The Diamondbacks, who won the National League West title in 2011 with a 94-68 record in Gibson`s first full season at the helm, were 63-96 heading into the final weekend of the regular season. Overall, Arizona compiled a 353-375 record in more than four seasons under Gibson, 57, who was named NL manager of the year in 2011. ...

Friday, September 26, 2014  22:56


World - Man cleared in Taliban terror case suing US

MIAMI (AP) — Irfan Khan, a naturalized U.S. citizen from Pakistan with a wife and two children, worked hard to realize the American dream after arriving in this country in 1994. He held jobs in South Florida as a taxi driver, service technician and operated a limousine company. He was an avid cricket player. Then he stepped up to a California computer industry job in 2011 that promised a good living.

Wednesday, October 01, 2014  20:11


Business - U.S. factory activity growth slows in September: ISM

NEW YORK (Reuters) - U.S. manufacturing expanded during September but the pace of growth at American factories slowed from August, which was the best monthly showing since March 2011, according to an industry report released on Wednesday. The Institute for Supply Management (ISM) said its index of national factory activity eased to 56.6 in September from 59.0 in August. The reading fell short of expectations of 58.5, according to a Reuters poll of economists. A reading above 50 indicates expansion in the manufacturing sector. The employment gauge slipped in September to 54.6 from 58. ...

Wednesday, October 01, 2014  15:16

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