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Friday, September 5, 2014

Business Today: U.S. employment growth smallest in eight months, labor force shrinks

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09/5/2014
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
U.S. employment growth smallest in eight months, labor force shrinks
WASHINGTON (Reuters) - U.S. job growth slowed down sharply in August and more Americans gave up the hunt for work, giving a cautious Federal Reserve more reasons to wait a bit longer before raising interest rates.
Family Dollar rejects Dollar General's sweetened offer
(Reuters) - Family Dollar Stores Inc rejected Dollar General Corp's $9.1 billion sweetened takeover offer, saying it was not reasonably likely to be completed on the terms proposed.
Futures dip before payrolls; on track for weekly fall
NEW YORK (Reuters) - U.S. stock index futures fell on Friday, putting the S&P 500 on track for its first lower week out of five, as investors awaited the monthly employment report.
Exclusive: Volkswagen spied on Lula, other Brazilian workers in 1980s
SAO PAULO (Reuters) - Volkswagen AG spied on Brazilian union activists in the 1980s and passed sensitive information about wage demands and other private discussions to the country's military dictatorship, according to newly uncovered documents seen by Reuters.
New fines could prompt BP to cut Russia exposure
LONDON (Reuters) - The prospect of up to $18 billion in new fines for the 2010 Gulf of Mexico oil spill could encourage BP to sell off some of its Russian interests, which already look at risk of being dragged into a political standoff between Moscow and the West.
Starbucks plans new store designs - upscale in Seattle, speedy in New York
(Reuters) - Starbucks Corp on Friday announced two new types of stores aimed at capturing the growing demand for upscale reserve coffee and a separate test of an "express" store in Manhattan offering speedy service in a city where a "New York minute" is more like a nanosecond.
Japan PM's stance on next tax hike 'utterly neutral': econmin
TOKYO (Reuters) - Prime Minister Shinzo Abe stands "utterly neutral" on whether to decide in December to raise the sales tax again next year but he will be very cautious in his decision given the potential blow to the economy, Japan's economy minister said on Friday.
Apple to add security alerts for iCloud users, says Cook: WSJ
(Reuters) - Apple Inc is planning additional steps to keep hackers out of user accounts in the face of the recent celebrity photo scandal and will aggressively encourage users to take stricter security measures, CEO Tim cook told the Wall Street Journal in an interview.
Mercedes-Benz passenger car sales jump 9.7 percent in August
FRANKFURT (Reuters) - Daimler sold 118,887 Mercedes-Benz passenger cars in August, a 9.7 percent improvement on the year thanks to small car sales and record deliveries in China and the United States.
Nigeria nurtures its once-unloved cocoa industry as prices flourish
AKURE Nigeria (Reuters) - College graduate Omatayo Adeniyi stands in a humid tropical forest of southwest Nigeria and explains why he chose cocoa farming over a white collar job in the city.
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