Joe Doganiero

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Obama Will Give Low-Income Children Free e-Books

President Barack Obama will announce a plan Thursday to give low-income children access to 10,000 e-books.<p>Obama will announce the plan at Anacostia …

Barack Obama

No recall planned for Apple Watches over haptic motors and no defective units shipped

The <i>WSJ</i> has added a sentence to yesterday’s report that the rollout of the Apple Watch has been slowed by the discovery of faulty Taptic Engines supplied by AAC Technologies Holdings. The new sentence, likely in response to a comment by Apple, suggests that none of the faulty units made it as far as …

Canadian, World, Politics and Business News & Analysis

Brent at 4-1/2 month high; U.S. crude up for sixth week | Reuters

NEW YORK (Reuters) - Oil prices diverged on Friday, with Brent hitting 4-1/2-month highs on continued fighting in Yemen as U.S. crude fell on concerns of another upcoming stock build, though both benchmarks headed toward weekly gains.<p>Oil pump jacks are seen next to a strawberry field in Oxnard, …

U.S. economy’s weak first quarter supports theory of muted growth

Early quarterly results from the United States' biggest companies have reinforced the notion that the U.S. economy, expected to be the engine of global growth in 2015, expanded at a lacklustre pace in the first three months of the year.<p>Subpar economic data and weak revenue growth from S&P 500 …

Job openings hit 14-year high but hiring slows

The number of job openings in the U.S. reached a new 14-year high in February but hiring slowed slightly, the Labor Department said Tuesday.<p>Openings increased by 168,000 to 5.1 million, highest since January 2001, according to the Job Openings and Labor Turnover Survey (JOLTS).<p>The past couple of …

Employment

General Motors is stopping production in Europe's third largest car market

Russia is the third-largest European car market, but is giving automakers a bumpy ride. The 10% drop in car sales last year paled in comparison that of 2009, when new registrations halved following the financial crisis.<p>Even so, the optimism that sustained international makers through those earlier …

U.S. running out of room to store oil; price collapse next?

The U.S. has so much crude that it is running out of places to put it, and that could drive oil and gasoline prices even lower in the coming months.<p>For the past seven weeks, the United States has been producing and importing an average of 1 million more barrels of oil every day than it is …