Salem Radio Network News Sunday, February 7, 2016

business

By Lucia Mutikani WASHINGTON (Reuters) – U.S. employment gains slowed more than expected in January as the boost to hiring from unseasonably mild weather faded, but rising wages and an unemployment rate at an eight-year low suggested the labor market recovery remains firm. Non-farm payrolls increased by 151,000...
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LinkedIn sheds $11 billion in value on stock’s worst day since debut

By Supantha Mukherjee and Anya George Tharakan (Reuters) – LinkedIn Corp’s <LNKD.N> shares closed down 43.6 percent on Friday, wiping out nearly $11 billion of market value, after the social network for professionals shocked Wall Street with a revenue forecast...
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Obama to seek new tax on oil in budget proposal

WASHINGTON (Reuters) – President Obama will launch a long-shot bid next week to impose a $10-a-barrel tax on crude oil that would fund the overhaul of the nation’s aging transportation infrastructure, the White House said on Thursday. The proposed fee, which would be...
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