Buffett: Moving Oil By Rail Safely Major Industry Concern

Warren Buffett, chairman of conglomerate Berkshire Hathaway, said on Wednesday that safety is a major priority for the rail industry, after a recent spate of accidents raised concerns about how to transport oil safely.

Warren Buffett, co-chair of the 10,000 Small Businesses Advisory Council, takes part in a panel discussion following a news conference announcing a $20 million partnership to bring Goldman Sachs' 10,000 Small Businesses initiative to the city of Detroit,

U.S. Jobless Claims Rise More Than Expected Last Week

The number of Americans filing new claims for unemployment benefits increased more than expected last week, but the rise probably does not suggest a shift in labor market conditions as the underlying trend continued to point to strength.

Job seekers stand in line to meet with prospective employers at a career fair in New York City, Oct. 24, 2012.

Why The Obamacare Fight Never Ends

“I know every American isn’t going to agree with this law,” President Barack Obama said about the Affordable Care Act at his April 17 news briefing, “but I think we can agree that it’s well past time to move on.”

House Speaker John Boehner (R-Ohio) listens during his weekly news conference on Capitol Hill in Washington, March 26, 2014.



Jobs & Career News

Apple's China Success Sets Stage For iPhone 6, New Products

 A man looks at his Apple iPad in front an Apple logo outside an Apple store in downtown Shanghai March 16, 2012.

Strong sales of iPhones in China and emerging markets sets the stage for Apple Inc to reap even higher profits after it launches the next iPhone and other new products, analysts said.

AT&T Partners With Chernin Group In Online Video Venture

An At&T logo is seen atop a store in Beverly Hills, California August 31, 2011.

AT&T Inc said Tuesday it would partner with The Chernin Group media holding company to invest $500 million in a joint venture for web-based video services, making it the latest company aiming to tap the growing consumer demand for online video.

Paul Allen's Top Money Manager To Leave Post

Paul Allen's top money manager to leave post

The lead money manager for Microsoft Corp co-founder Paul Allen is leaving his post this week, marking the latest in a round of high-level departures at the Seattle billionaire's Vulcan Inc organization, which handles his $16 billion fortune.

Obama To Announce $600 Million U.S. Job-training Initiative

U.S. President Barack Obama speaks at the National Action Network's 16th Annual Convention in New York April 11, 2014.

President Barack Obama will announce an initiative on Wednesday to devote $600 million to address a central challenge of today's economy: How to train workers for skills they need for jobs that are open but hard to fill.

Health Secretary Resigns After Obamacare Launch Woes

U.S. health secretary resigns after Obamacare launch woes

U.S. Health and Human Services Secretary Kathleen Sebelius is resigning after overseeing the botched rollout of President Barack Obama's signature healthcare law, a White House official said on Thursday.

U.S. Jobs Market Dropouts Increasingly Likely to Stay Out

A job seeker stands in a room of prospective employers at a career fair in New York City, October 24, 2012.

A growing number of Americans quitting the labor force are likely gone for good, offering a cautionary note to the Federal Reserve as it tries to gauge how tight the jobs market is and how quickly to raise interest rates.

U.S. Employment Fails To Rebound Strongly From Winter Chill

A job seeker (C) talks to an exhibitor at the Colorado Hospital Association health care career fair in Denver April 9, 2013.

U.S. employers hired far fewer workers than expected in January and job gains for the prior month were barely revised up, suggesting a loss of momentum in the economy, even as the unemployment rate hit a new five-year low of 6.6 percent.

CANADA STOCKS-TSX May Open Lower after Soft North American Jobs Data

Jobseekers talk with recruiters at a Hire Our Heroes job fair in Washington, in this file photo taken June 11, 2013. U.S. private employers added 176,000 jobs in August, nearly matching economists'

Canadian stock index futures pointed to a lower open on Friday following the release of weaker-than-expected U.S. and Canadian employment data.

Congress To Begin 2014 With Jobless Benefits Battle

U.S. President Barack Obama announces his Chief of Staff Jack Lew (R) as his nominee for Treasury Secretary, in the East Room of the White House in Washington, January 10, 2013 file photo.

The U.S. Congress begins what promises to be another highly combative year on Monday with a showdown over a White House-backed bid to renew unemployment benefits for 1.3 million Americans.

How to Run or Ruin a Company in 140 Characters

British-born financier Nat Rothschild leaves after a Bumi shareholder meeting in London February 21, 2013.

When Nat Rothschild, the co-founder of troubled miner ARMS, insulted his former investment partner on Twitter last week, he showed the power of social media for business leaders seeking publicity - but also the perils of saying the wrong thing.

FDA moves to ban sales of e-cigarettes to minors

FDA Moves To Ban Sales Of E-Cigarettes To Minors

The U.S. Food and Drug Administration proposed rules on Thursday that would ban the sale of e-cigarettes to anyone under 18, but would not restrict flavored products, online sales or advertising, which public health advocates say attract children.

The AOL logo is seen at the company's office in New York November 5, 2013.

AOL Chief Communications Officer Leaves after One Year

AOL head of communications Peter Land left the company on Tuesday after a year working there, marking the latest public relations executive to depart the company.

A 787 Dreamliner being built for India Air is pictured at South Carolina Boeing final assembly building in North Charleston, South Carolina December 19, 2013.

Boeing Posts Higher Adjusted Profit, Raises 2014 Forecast

Rising jet production helped Boeing Co post a 14 percent rise in adjusted net profit in the first quarter, beating estimates, and the company notched up its full-year forecast.

Novartis India headquarters in Mumbai April 1, 2013

Novartis And GSK Trade Assets As Pharma Industry Reshapes

Novartis and GlaxoSmithKline traded over $20 billion worth of assets on Tuesday, aiming to bolster their best businesses and exit weaker ones as the drugs industry reshapes to cope with healthcare spending cuts and generic competition.

U.S. President Barack Obama speaks next to U.S. Vice President Joseph Biden after touring the Community College of Allegheny West Hills Center in Oakdale, Pennsylvania, April 16, 2014.

Obama Argues Healthcare Law is Working, Rejects Republican Criticism

President Barack Obama mounted a vigorous effort on Thursday to show his signature healthcare law is working and dismissed Republican critics who are using flaws in Obamacare to campaign for ousting Democrats from the U.S. Congress in November.

 Lawmakers, green groups weigh in on Keystone XL delay

Lawmakers, Green groups Weigh In On Keystone XL Delay

The Obama administration said on Friday it would extend the period of time for federal agencies to weigh in on the Keystone XL oil pipeline, giving no new deadline.

The Netflix sign on is shown on an iPad in Encinitas, California, April 19,2013.

Netflix Plans Price Raise As Streaming Subscribers Grow

Video streaming service Netflix Inc said it intends to raise its subscription price for new customers by $1 or $2 a month to help the company buy more movies and TV shows and improve service for its 48 million global subscribers.

The Apple logo is pictured at its flagship retail store in San Francisco, California January 27, 2014.

Tech Workers Seek To Use Steve Jobs Evidence In Upcoming Trial On No-Hire Accords

Four large technology companies should not be allowed to limit evidence about Apple Inc co-founder Steve Jobs at an upcoming trial over no-hire agreements in Silicon Valley, according to a court document filed late on Thursday by employees suing the firms.

A man walks past a row of General Motors vehicles at a Chevrolet dealership on Woodward Avenue in Detroit, Michigan April 1, 2014.

GM Could Benefit, Too, From An Ignition-Switch Victims Fund

If General Motors Co creates a fund to compensate victims of its faulty ignition switches, an option that a top legal adviser suggested it is exploring, the company could give up strong defenses to a wave of lawsuits. But it could stand to gain even more.

Corporate recruiters (R) gesture and shake hands as they talk with job seekers at a Hire Our Heroes job fair targeting unemployed military veterans and sponsored by the Cable Show, a cable television industry trade show in Washington, June 11, 2013.

U.S. Jobless Claims Hover Near Pre-Recession Levels

New applications for unemployment benefits held near their pre-recession levels last week, offering further evidence of the economy's underlying strength.

Motorola Booth

Zebra Tech To Buy Motorola Solutions' Enterprise Business

Barcode printer maker Zebra Technologies Corp said it would buy Motorola Solutions Inc's enterprise business, which makes rugged mobile computers, tablets and barcode scanners, for $3.45 billion in cash.

Ford assembly line employees work on 3500 Duramax engine as they move along the assembly line at the Ford Lima Engine Plant in Lima, Ohio, March 28, 2014.

U.S. Industrial Output Rises In March, Manufacturing Gains

U.S. manufacturing output rose for a second straight month in March in a sign of recovery from a long winter that had put a damper on activity.

New York Governor Andrew Cuomo talks with reporters before signing the 2014-15 state budget at the State Capitol in Albany, New York, April 1, 2014.

New York Finalizes $8 Billion Medicaid Accord With Federal Government

New York State said it finalized an agreement with the U.S. government on Monday allowing it to reinvest $8 billion of federal money in its health insurance system for low income people while avoiding potentially painful cuts or additional budget strain.

Job seekers speak with with job recruiters while they attend the Coast to Coast job fair in New York, May 7, 2012.

Consumers' View Of U.S. Job Market Brightened In March: NY Fed

U.S. consumers grew more confident in the labor market last month, with younger workers in particular seeing a greater chance of finding work should they lose their current job, a survey from the Federal Reserve Bank of New York said on Monday.

A GE logo is seen in a store in Santa Monica, California, October 11, 2010.

GE Capital Seen Ripe For More Slimming After Credit Card IPO

As General Electric Co (GE.N) starts spinning off its consumer credit card business, some on Wall Street are hoping that the U.S. industrial conglomerate will eventually slim down its GE Capital finance unit even further.

Some research shows that spending a little bit on an indulgence can help make sure you save some of it as well.

Tax Refund Psychology Says Splurge In Order To Save

There are many enterprises out there trying to separate you from your tax refund - from splurges such as airlines tickets for a celebratory vacation or for good purposes, like putting it all in a college savings account.

Wells Fargo walk up ATMs lit at night on Ninth Street in Durham, North Carolina.

Wells Fargo Profit Beats Estimates, Sets Aside Less For Bad Loans

Wells Fargo & Co, the biggest U.S. mortgage lender, reported a better-than-expected 14 percent rise in first-quarter net profit as it set aside less money to cover bad loans.

A crew member looks out an observation window aboard a Royal New Zealand Air Force (RNZAF) P3 Orion maritime search aircraft as it flies over the southern Indian Ocean looking for debris from missing

Australian PM Says Searchers Confident of Position of MH370's Black Boxes

Search and rescue officials in Australia are confident they know the approximate position of the black box recorders from missing Malaysia Airlines Flight MH370, Australian Prime Minister Tony Abbott said on Friday.

The word 'password' is pictured on a computer screen in this picture illustration taken in Berlin May 21, 2013.

New 'Heartbleed' Bug Poses Major Threat to User Data

A newly discovered bug in widely used Web encryption technology has made data on many of the world's major websites vulnerable to theft by hackers in what experts say is one of the most serious security flaws uncovered in recent years.

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