Business

Business For some long-term unemployed, hope arises: A job audition For some long-term unemployed, hope arises: A job audition
Bill Lewis was under more pressure than most new hires when he began a job in information technology last year in Monroe, Connecticut. Jobless for a year, he had eight weeks to persuade his employer to keep him and pay his salary.
Business Europe moves to help tech companies compete with U.S. giants Europe moves to help tech companies compete with U.S. giants
The European Union has unveiled a long-term strategy to help its technology companies compete with U.S. giants like Google and Amazon by unifying the continent's digital sector and taking a hard line on abuses by dominant firms.
Business Growth in U.S. service economy picked up speed last month Growth in U.S. service economy picked up speed last month
U.S. service firms' growth accelerated in April, fueled by more orders, rising sales and an uptick in hiring. The figures provide solid evidence that the economy is recovering from its first-quarter stumble.
Business U.S. trade deficit jumps to 6-year high of $51.4 billion U.S. trade deficit jumps to 6-year high of $51.4 billion
The U.S. trade deficit in March swelled to the highest level in more than six years, propelled by a flood of imports that may have sapped the U.S. economy of any growth in the first quarter.
Business Europe raises economic forecast despite bleak Greek outlook Europe raises economic forecast despite bleak Greek outlook
The European Union has nudged up its forecast for economic growth across the 19-country eurozone despite a much gloomier outlook for Greece, which is struggling to get its hands on vital bailout cash it needs to pay off debts.
Business McDonald's to simplify structure, focus on customers McDonald's to simplify structure, focus on customers
McDonald's CEO Steve Easterbrook says he's stripping away layers of bureaucracy and increasing accountability so the company can move more nimbly to keep up with changing tastes.