WASHINGTON (Reuters) - U.S. private companies added workers at a fairly brisk clip in November and the services sector grew strongly, suggesting a slowing global economy is having a limited impact on domestic activity.
LONDON (Reuters) - GlaxoSmithKline said on Wednesday it would shed "several hundred" U.S. commercial jobs and a similar number of research positions as it restructures operations in its biggest market, where drug sales are flagging.
DETROIT (Reuters) - As early as 2003, Takata Corp ran an investigation into an air bag inflator that ruptured in a BMW vehicle, but concluded the problem was an anomaly, the company said on Tuesday, ahead of a second U.S. congressional hearing on dangerous air bags it supplied.
WASHINGTON/DETROIT (Reuters) - Japanese auto parts supplier Takata Corp on Wednesday acknowledged that it still does not understand what is causing air bag explosions that have hurtled metal shards into vehicles even as it insisted that calls for a broader recall to remedy the problem were misguided.
BELLEVUE, Wash. (Reuters) - Former Microsoft Corp Chief Executive Officer Steve Ballmer and civil rights activist Jesse Jackson livened up the technology company's annual shareholder meeting on Wednesday, grabbing the spotlight from the current leaders on stage.
LONDON (Reuters) - Brent rose to $71 a barrel on Wednesday, recovering some of its losses from the previous session as a turbulent market searched for a price floor after a nearly 40 percent fall since June.