- Putin calls Internet ‘CIA project’ that must be controlled
- Muslims offended that 9/11 museum movie speaks of jihad
- Obama marks Armenian massacre, avoids using the word ‘genocide’
- Gov. Rick Perry: ‘It’s not a dare, it’s a promise’; Texas will fight BLM
- Howard Dean cheers Obama’s approach to Russian aggression
- Sen. Elizabeth Warren’s childhood nickname? ‘The Surprise’
- Democrat Grimes backs Keystone XL pipeline in Kentucky Senate race
- China spends for 17 new warships as U.S. cuts back military
- In Japan, Obama plays soccer with a robot and warns students of climate change
- FDA proposes ban on e-cigarette sales to minors
Economy Briefs: American Airlines loses ruling on union election
U.S. firms added 162K new jobs in September
A private survey shows that U.S. businesses hired fewer workers in September than August, a sign that slow growth may be holding back hiring.
Payroll processor ADP said Wednesday that companies added 162,000 jobs last month. That’s below August’s total of 189,000, which was revised lower.
The September increase was better than economists had expected and marks the latest in a string of modest hiring gains reported by the survey. Still, the gain isn’t enough to significantly push down the unemployment rate, which has been above 8 percent for 31/2 years.
U.S. service firms grow at fastest pace in 6 months
U.S. service companies, which employ nearly 90 percent of the workforce, grew in September at the fastest pace since March. The growth was driven by sharp increases in current and future sales.
The Institute for Supply Management said Wednesday that its index of non-manufacturing activity rose to 55.1, up from 53.7 in August. Any reading above 50 indicates expansion.
The report measures growth in a broad range of businesses from retail and construction companies to health-care and financial-services firms.
HP’s Whitman warns profits down in 2013
SAN FRANCISCO — Hewlett-Packard Co. is expecting earnings to fall by more than 10 percent next year as CEO Meg Whitman struggles to fix a wide range of problems in a weakening economy.
Mrs. Whitman delivered the disappointing forecast Wednesday.
Following the remarks, HP’s stock price shed $1.19, or 7 percent, to $15.94 in afternoon trading. The sell-off shoved HP’s shares to their lowest level in nearly a decade. The stock has fallen by about 30 percent since the former CEO of eBay Inc. took over HP last September.
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By Andrew P. Napolitano
Obama's veil of secrecy is pierced
- Obamacare class-action suit opens a new legal front
- Obama avoids 'red line' for China, prepared to impose tougher sanctions on Russia
- 'Top Gun' for drones: Squadrons of carrier-based killers have Navy's approval
- Nevada rancher Cliven Bundy hailed as patriot, ripped as lawless deadbeat
- 'Conservatives' should feel exposed by Bundy's racist comments: Scarborough
- Texas is next! AG warns BLM wants 90,000 acres after Bundy ranch standoff
- Sold out: Ukraine's leadership swapped best military weapons for cash
- America is an oligarchy, not a democracy or republic, university study finds
- In its hunt for Senate, Republican candidates campaign against Harry Reid
- Opposition rising to Colorado gun control laws
Top 10 handguns in the U.S.
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