Oil under pressure; Fed minutes; U.K. jobs

1. Oil drops: U.S. crude futures fell as much as 1.4% early Wednesday. Prices are struggling because surging U.S. production raises the threat of another global oil glut. Big producers like Saudi Arabia and Russia have been working hard to cut production and rid the market of the excess supply. The recent strengthening of the […]

Amazon is adding 2,000 jobs in France

Amazon is going big in France. The e-commerce heavyweight said Thursday that it would hire 2,000 more workers in France, bringing its total headcount in the country to 7,500 by the end of 2018. The expansion coincides with renewed optimism about the French economy under President Emmanuel Macron, who has promised an overhaul that will […]

Gowdy on his retirement from Congress: ‘I like jobs where facts matter’

Rep. Trey Gowdy, R-South Carolina, said Wednesday he’s retiring from Congress because he misses the justice system and prefers working in an environment “where facts matter.” “I like jobs where facts matter. I like jobs where fairness matters. I like jobs where, frankly, where the process matters. It’s not about winning and it’s not just […]

Solar jobs fell for the first time since 2010

The red hot solar jobs market cooled off last year. The solar industry shed nearly 10,000 jobs in 2017, a 4% drop from 2016, according to a report by the Solar Foundation, a nonprofit group that promotes solar energy. It’s the first time jobs have fallen since the group began tracking them in 2010. More […]

U.S. jobs report; Exxon earnings; Casino panic

1. Jobs report: The first set of jobs data for 2018 will be released at 8:30 a.m. ET. Economists predict the United States gained 175,000 jobs in January. Unemployment is expected to stay at 4.1%, the lowest level since 2000. In December, the economy added 148,000 jobs. Consumer confidence has been high and, in general, […]

5 things to know before the January jobs report

Can America’s job market stay hot throughout 2018? That’s the question after 87 consecutive months of job gains, the longest streak on record. The Labor Department will publish the January jobs report at 8:30 a.m. ET. Here are five things to know before it comes out. 1. Economists expect another healthy month: They predict the […]

Laurene Powell Jobs’ company in talks to invest in BuzzFeed News

The company founded by Laurene Powell Jobs, the widow of Steve Jobs, is in preliminary talks with BuzzFeed to make an investment in the digital outlet’s news division, a person familiar with the discussions told CNN. The person said that BuzzFeed News Editor-in-Chief Ben Smith was approached in recent weeks by a representative for the […]

107,000 Saudi women apply for 140 passport control jobs

Saudi Arabia’s passport control agency has a lot of work to do. The Saudi General Directorate of Passports said Thursday that it has received 107,000 applications after advertising 140 jobs for women at airports and border crossings. It’s the first time the agency has set out to recruit women. Hiring women is a key part […]

Fujifilm takes control of Xerox and cuts 10,000 jobs

Japan’s Fujifilm is taking control of Xerox and shedding 10,000 jobs at their existing joint venture in Asia. Struggling with falling demand for copiers and printers, Xerox has agreed to merge its operations with Fuji Xerox, the joint venture that has been in business since 1962, the companies said Wednesday. As part of the Fujifilm […]

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