Newsletter BOX: Business Today: U.S. hiring slows in July but jobless rate falls to four-year low

08/2/2013

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U.S. hiring slows in July but jobless rate falls to four-year low

WASHINGTON (Reuters) - U.S. employers slowed their pace of hiring in July but the jobless rate fell anyway, mixed signals that could make the U.S. Federal Reserve more cautious about drawing down its huge economic stimulus program.

Dell committee and buyout group close to deal: source

ROUND ROCK, TEXAS/SAN FRANCISCO (Reuters) - Dell Inc's special committee and the buyout group led by company founder and Chief Executive Michael Dell are close to an agreement that would help clear passage of the deal, a source familiar with the matter told Reuters.

Stock futures mostly flat after payroll report

NEW YORK (Reuters) - U.S. stock index futures were largely flat on Friday after the July payroll report came in weaker than expected.

Chevron second-quarter earnings drop on cheaper oil, maintenance

(Reuters) - Chevron Corp posted a decline in quarterly profit on Friday after maintenance work and a fall in oil prices knocked global oil and gas production.

U.S. consumer spending, inflation rise in June

WASHINGTON (Reuters) - U.S. consumer spending increased and inflation pushed higher in June, which could strengthen expectations that the Federal Reserve will curtail its bond purchases later this year.

Exclusive: Weatherford, China's Sinopec close to oil service tie-up; shale in focus

BEIJING (Reuters) - China's Sinopec Corp and U.S.-listed Weatherford International are in advanced talks about forming a joint oilfield service company, as the world's top energy consumer seeks overseas expertise to help unlock its vast shale resources, said people with direct knowledge of the matter.

Japan says GDP growth could slow to 1 percent after sales tax hike

TOKYO (Reuters) - Japan's economic growth will slow to 1.0 percent in fiscal 2014/15, less than half the pace expected this year, as a planned sales tax hike weighs temporarily on consumption, government forecasts showed.

Insight: Carrefour in the trenches of the hypermarket war

PARIS (Reuters) - Fifty years ago, on June 15, 1963, two French families opened Europe's first hypermarket in Sainte-Genevieve-des-Bois near Paris. Stocking 5,000 products over 2,500 square meters, it was three times the size of most grocery stores.

Analysis: What's in your small-cap fund? Try Boeing or Pfizer

NEW YORK (Reuters) - Investors in small-cap funds may be in for a big surprise.

Cross-border M&A falls to lowest since 2009

LONDON (Reuters) - Cross-border merger and acquisition deal volumes are down by almost a third so far this year from 2012 levels, making this the slowest year to date for international transactions since 2009, Thomson Reuters data showed on Friday.