CNN's ChristineRomans has today's top business headlines before the opening bell on Wall Street
Employers added 263,000 jobs in April, another surprisingly strong month of hiring. The unemployment rate fell to 3.6%, the lowest level since December 1969.Indications of strength of the labor market could be found throughout the report. The average hourly wage was up 3.2% compared to a year ago, well above the 1.9% rise in prices.2. Buffett likes Amazon: Warren Buffett has said for years that"we missed it" on Amazon . Not anymore.
Berkshire Hathaway's next annual meeting is Saturday in Omaha, Nebraska.3. European results: Shares in HSBC , Europe's largest bank by assets, rose more than 2% in London after it posted a 31% jump in profit. The increase was powered by retail banking and wealth management, while its trading business struggled.France's Societe Generale reported that its profits fell 26% to €631 million in the first quarter.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Buffett digs sweetest well in U.S. shale patchBerkshire Hathaway is putting up $10 billion to help Occidental fund its $38 billion bid for Anadarko. It’s a vote of confidence in Oxy’s unsolicited offer. As usual, though, the best deal will go to Warren Buffett himself, who can still win even if other shareholders lose.
Read more »
US economic update; Amazon delivers; Uber IPO detailsToday's top business headlines with CNN's davebriggstv before the opening bell on Wall Street:
Read more »
Berkshire buying Amazon is a wake-up call for retail investors, says this portfolio managerOur call of the day, from Byron Lotter, portfolio manager at South African-based Vestact Asset Management, says news that Berkshire is buying Amazon is a...
Read more »
Retailers slip on Amazon's one-day delivery planShares of Walmart, Target and other U.S. retailers fell on Friday as Amazon.com ...
Read more »
Defying Congress, Attorney General Barr to skip Mueller hearingDefying the U.S. Congress, Attorney General William Barr will not attend a U.S. ...
Read more »
Trump: Japan will invest $40 billion in US car factoriesUS President Donald Trump told a campaign rally in Green Bay, Wisconsin, that Japanese PM Shinzo Abe said his country would invest $40 billion in US car factories.
Read more »
Senators urge regulators to quickly approve drone identification rulesTwo U.S. senators on Monday urged U.S. Transportation Secretary Elaine Chao to f...
Read more »
South Sudan hires U.S. lobbyists to help block war crimes court: contractSouth Sudan has hired U.S. lobbyists to help it reverse U.S. sanctions and stop ...
Read more »
Mnuchin says had 'productive meetings' with China's vice premierU.S. Treasury Secretary Steven Mnuchin said on Wednesday that he and U.S. Trade ...
Read more »