| | Jobs recovery suffers setback in March | WASHINGTON (Reuters) - Employers hired far fewer workers in March than in previous months, keeping the door open for the Federal Reserve to provide more monetary support for a still sluggish economy. | | | | Treasury freezes pay for CEOs at Ally Financial, GM, AIG | WASHINGTON (Reuters) - The Treasury Department said on Friday that overall compensation for the chief executives of the final three firms that got "exceptional" bailout assistance during the financial crisis has been frozen for the second year in a row. | | | | | | U.S. court wary of Apple request to block Samsung | WASHINGTON (Reuters) - A U.S. appeals court on Friday showed few signs that it was prepared to support a request by Apple Inc to block immediately the sale of some Samsung Electronics smartphones and tablets. | | | | J.C. Penney cuts 1000 jobs at headquarters, Pittsburgh | (Reuters) - J.C. Penney Co Inc laid off about 1000 employees at its headquarters in Plano, Texas and Pittsburgh customer call center, as part of its previously announced cost cutting measures, the company said in a regulatory filing on Friday. | | | | More Americans win mortgage loan modifications | WASHINGTON (Reuters) - The Treasury Department said on Friday that the number of active permanent mortgage loan modifications agreed to by banks rose 13,836 during February to 782,609 by the end of the month. | | | | Former Franklin Bank executives charged with fraud | WASHINGTON (Reuters) - The government charged two former executives of Franklin Bank Corp, a Houston-based lender founded by a mortgage bond pioneer, with a fraudulent scheme to conceal how badly the bank was doing during the height of the financial crisis. | | | | | | Boeing pulls ahead of Airbus in first quarter | PARIS (Reuters) - Boeing overtook Airbus in deliveries in the first quarter, setting itself on course to recapture the coveted number one spot in annual aircraft production for the first time since 2002, company data showed this week. | | | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | | | | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | » MORE NEWSLETTERS | |
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