Layoffs hit icons Coke and McDonald’s

Reality is hitting hard this week — in the form of pink slips — at two of America’s most iconic brands. Coca-Cola on Thursday announced plans to lay off 1,600

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Jobless claims fall, suggests strong hiring

Fewer Americans applied for unemployment benefits last week, a sign that employers expect ongoing economic growth and the need to hold onto workers. The Labor Department said Thursday that applications

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Businesses added 241,000 jobs in December

The labor market ended 2014 on a strong note, payroll processor ADP said Wednesday, as businesses added 241,000 jobs in December. Economists expected ADP to report 225,000 new private sector

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Services firms’ growth slows

U.S. services firms expanded at a solid but much slower pace in December compared with the previous month, a sign growth may have cooled at the end of last year.

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