Friday, May 4, 2018

Unemployment Rate Hits 3.9%, a Rare Low, as Job Market Becomes More Competitive

A worker conducting a test at a CP Industries plant in McKeesport, Pa., which makes steel cylinders to store gases at high pressure. Tariffs on steel and aluminum from China will make raw materials more costly, which has clouded the prospects for extending the nation’s job growth.

Timeline: The Path of Stormy Daniels’s $130,000 Payment to Keep Quiet

Stephanie Clifford, a pornographic actress known as Stormy Daniels, received a $130,000 payment from President Trump’s lawyer.

A Cheat Sheet to the Trump Circus

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Their Ancestors Were on Opposite Sides of a Lynching. Now, They’re Friends.

Karen Branan, left, and Jackie Jordan Irvine outside the Legacy Museum in Montgomery, Ala., in April. Theirs is a friendship born out of a event in 1912 that linked their familes.

Palestinian Leader Apologizes After Speech Prompts Anti-Semitism Uproar

Mahmoud Abbas, second from left, the president of the Palestinian Authority, at the meeting on Monday where he delivered the widely condemned speech.

A Good Appetite: Diving Into the Artichoke, That Delicious Mess

Trimming artichokes is a time-consuming process and can seem wasteful, but the payoff is big.

Op-Ed Columnist: The Future of the American Left

Activists at a May Day protest near Wall Street.

Contributing Op-Ed Writer: How to Survive Your 40s

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A.T.F. Agent Shot in Chicago During Undercover Operation

The police roped off an area on Chicago’s South Side where an undercover federal agent was shot early Friday morning.

The Jobless Rate Is Finally Below 4 Percent. Our Economic Goals Still Don’t Reflect That.

A modular home factory in Vallejo, Calif. The unemployment rate fell to 3.9 percent in April, suggesting most people who want a job can find one.

The Citadel Fought the Admission of Women. Now a Female Cadet Will Lead the Corps.

Sarah Zorn is scheduled to become the Citadel’s first female regimental commander — in essence, the head of the student body — in a ceremony on Friday.

UPDATE 2-Hedge fund Third Point pushes United Tech to break up

BOSTON/NEW YORK, May 4 (Reuters) - Billionaire investor Daniel Loeb's Third Point on Friday urged United Technologies to move more forcefully in pursuing a breakup into three businesses, saying such a step could unlock $20 billion in value.

Denver Post editor resigns in protest: 'I was being boxed in'

One month ago The Denver Post's editorial board published a plea for the paper's future -- calling out its hedge fund owner, Alden Global Capital, and expressing hope for a new owner.

Sonnedix, F2i consortium among bidders for Italian solar assets -sources

MILAN/LONDON, May 4 (Reuters) - Solar power producer Sonnedix and a consortium led by Italian infrastructure fund F2i are among at least six bidders that have submitted tentative offers for one of Italy's largest collection of solar assets, sources familiar with the matter said.

Emerging markets wobble: Argentina hikes rates to 40%

Investors are flocking to the United States, a move that's causing real pain in some emerging markets.

Emerging markets wobble: Argentina hikes rates to 40%

Investors are flocking to the United States, a move that's causing real pain in some emerging markets.

UPDATE 1-U.S. drillers add oil rigs for fifth straight week -Baker Hughes

(Adds Permian rigs in paragraphs 3-4) By Scott DiSavino May 4 (Reuters) - U.S. energy companies added oil rigs for a fifth week in a row as they follow through on plans to spend more on drilling this year with higher crude prices boosting their profits and pushing nationwide production to record highs. Drillers added nine oil rigs in the week to May 4, bringing the total count to 834, the highest level since March 2015, General Electric Co's Baker Hughes energy services firm

RPT-UPDATE 2-Top Venezuelan bank Banesco's chairman slams state takeover, arrests

CARACAS, May 4 (Reuters) - The chairman of Venezuela's top bank Banesco on Friday condemned the arrest of 11 executives and a 90-day state takeover of the lender as locals thronged cash machines and sped up transfers to other institutions.

CORRECTED-OC Oerlikon prepares IPO for drives division - sources

ZURICH/FRANKFURT, May 4 (Reuters) - Swiss technology group OC Oerlikon is preparing to list its drive systems business by the middle of the year, aiming to raise cash for other parts of its business, people close to the matter told Reuters.

UPDATE 8-Trump team demands China slash U.S. trade surplus by $200 bln, cut tariffs

* U.S. doubles Trump demand for China trade surplus cut -sources

Oprah has made a killing on Weight Watchers stock

Read full story for latest details.

Oprah has made a killing on Weight Watchers stock

Read full story for latest details.