WASHINGTON (Reuters) - Employers added 94,000 jobs in November, the Labor Department said on Friday in a report showing a slowdown in job creation in recent months that raises chances for a modest cut in interest rates next week.
LONDON/NEW YORK (Reuters) - Rupert Murdoch's younger son James is to return to News Corp to head its Asian and European operations cementing his position to eventually take over the global media empire.
DETROIT (Reuters) - Chrysler LLC said on Friday it would recall 575,417 vehicles as long-term wear on the gear shift assembly could cause them to shift out of park without the key in the ignition.
NEW YORK (Reuters) - Stocks ended little changed on Friday as a sharp drop in oil prices and signs of resiliency in the labor market offset concerns that tighter credit is hurting consumer spending.
NEW YORK (Reuters) - A former worker at a plant in Wisconsin that printed BusinessWeek magazines pleaded guilty on Friday for his role in a far-flung insider trading scheme that netted more than $6.7 million.
NEW YORK (Reuters) - Macrovision Corp said on Friday it would buy Gemstar-TV Guide International Inc for $2.8 billion in cash and stock to form a broad video entertainment distributor, but investors concerned about the deal's price sent shares of both companies sharply lower.
WASHINGTON (Reuters) - Treasury Secretary Henry Paulson said on Friday the U.S. economy is basically strong in spite of risks from a housing downturn and financial market turmoil.
NEW YORK (Reuters) - ConocoPhillips , the third-largest U.S. oil company, said on Friday its 2008 capital spending would total $15.3 billion, an increase of about 13 percent from the top end of its expected 2007 budget.
LONDON (Reuters) - An investment group led by veteran troubleshooter Luqman Arnold made a long-awaited rescue proposal for Northern Rock on Friday, as another suitor, U.S. buyout firm JC Flowers, pulled out of the bidding.
NEW YORK (Reuters) - Joseph Lewis, a billionaire who snapped up a big 7 percent stake in hard-hit investment bank Bear Stearns Cos three months ago, has boosted his investment to 8.01 percent, according to a regulatory filing on Friday.
