Wells Fargo Bank branch is seen in New York

U.S. private payrolls post largest gain in eight months

WASHINGTON (Reuters) – U.S. private payrolls increased by the most in eight months in December, pointing to sustained labor market strength though job gains last month were likely flattered by a seasonal quirk. The ADP National Employment Report on Wednesday showed private payrolls jumped by 202,000 jobs last month, the largest gain since April, after […]

Jaguar Land Rover boss to step down in September

LONDON (Reuters) – The boss of Jaguar Land Rover (JLR) <TAMO.NS> will step down from his role at the end of his contract term in September as Britain’s biggest carmaker shows signs of improvement after a torrid 2019 of job cuts, deep losses and falling sales. Ralf Speth has led the company since 2010 during […]

Boeing scores widebody orders in February, MAX cancellations mount

By Rachit Vats and Eric M. Johnson (Reuters) – Boeing Co <BA.N> said on Wednesday it took in 18 new orders for widebody planes in February but saw more customers cancel orders of its grounded and previously best-selling 737 MAX jet, as it faced another blow to demand from the coronavirus outbreak. The U.S. planemaker, […]