Boston Federal Reserve officials have a pretty good idea what helped the ailing industrial town of Lawrence, Massachusetts, start to make a turnaround, including a state takeover of the public school system and a focused effort to lift job options for working parents.
Asian shares edged higher on Monday after data showed the U.S. unemployment rate dropped to the lowest in almost 50 years, easing concerns of a slowdown in the world's largest economy.
U.S. President Donald Trump has called his new trade deal with Japan a "phenomenal" victory for U.S. farmers.
Tesco's financial arm confirmed on Monday that it has appointed John Kingman, the businessman who oversaw Britain's bailout of its banks in the financial crisis, to its board as a non-executive director.
Apple Inc supplier Japan Display Inc aims to seal a revised bailout deal by the end of this month for at least 50 billion yen ($468 million) in vital funding, its new chief executive said on Monday.
(This October 6 story has been refilled to correct "until February" to "until further notice" in headline and "new court date" to "court status conference" in paragraphs 1 & 6)
Oil prices were mixed on Monday with traders pegging cautious hopes for a rebound from last week's losses on progress in talks on ending the U.S.-China trade war, against a backdrop of global economic slowdown weighing on future oil demand.
Apple Inc supplier Japan Display Inc said it aims to clinch a deal for least 50 billion yen ($468 million) in vital funding by the end of the month, having had to scramble after a Chinese investor group suddenly pulled out of a bailout plan.
Tesco's financial arm intends to appoint John Kingman, the businessman who oversaw Britain's bailout of its banks during the financial crisis, as its chairman, a source with knowledge of the matter told Reuters.
IKEA brand owner Inter IKEA could be ordered to pay millions of euros in Dutch back taxes by the end of the year, two people familiar with the matter said, as EU competition enforcers push on with their crackdown against unfair tax deals granted to multinationals.
Volvo Cars will merge its engine development and manufacturing assets with those of parent Geely, creating a division to supply in-house brands Lotus, LEVC, Lynk and Proton, and also potential rivals with next-generation combustion and hybrid engines. It marks the latest example of consolidation in the engine manufacturing sector as tighter emissions rules hike development costs at a time when the expansion of electric cars calls into question the long-term demand for ga
SoftBank Group CEO Masayoshi Son said is "embarrassed and flustered" by his track record, in comments to Nikkei Business magazine.
Deutsche Bank is creating a new technology division in a strategy shift designed to reduce complexity and lower costs while transforming systems that have held back the bank for years.
Oil prices were up on Monday, buoyed by hopes of progress in U.S.-China trade talks and supported by challenges to supply facing major exporters.
Global stocks were little changed on Monday as broadly positive U.S. jobs data quelled some fears about an economic slowdown, but nervousness over U.S.-China trade talks persisted and more weak European economic data trickled in.