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Businesses step up hiring in June

U.S. businesses added jobs at a robust pace in June, a private survey found, evidence that rising consumer spending and a healthy housing market are supporting more hiring.

  • Tesla bags $15 million in new state tax credits

    Tesla bags $15 million in new state tax credits

    Elon Musk's Tesla Motors has won a fresh $15-million tax break from the state of California. The company has said it will use the money to add more than 4,000 jobs to its Bay Area factories and plants -- enough jobs to make it the largest manufacturing employer in the state.

  • Applications for jobless aid fall to nearly 15-year low

    The number of people seeking unemployment benefits fell last week, evidence that layoffs remain at unusually low levels and the job market is moving closer to full health.

 

Gap closing 175 namesake stores in U.S.

Gap plans to close 175 of its namesake stores and 250 jobs at its headquarters as the company tries to strengthen the struggling brand.

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