American employers took on more workers than forecast in April and the jobless rate unexpectedly fell to a four-year low of 7.5 percent, reflecting confidence in the outlook for the world’s biggest economy.
Yahoo! Inc.’s move to expand paid leave for new parents vaults the company ahead of most U.S. businesses, even if the benefits aren’t as generous as those offered by Silicon Valley peers Google Inc. and Facebook Inc.
Yahoo! Inc. Chief Executive Officer Marissa Mayer extended paid-leave benefits for new parents as she seeks to revive growth by making the Web portal a more alluring place to work for in-demand employees.
Domino’s Pizza Group Plc, the U.K. maker of the Hot Dog Stuffed Crust pizza, rose to the highest price ever as investors warm to its rapid growth in sales via the Internet and mobile phones, and an expansion in Germany.
Silver Lake Management LLC and Michael Dell attached such stringent conditions to their Dell Inc. buyout proposal that they may have little choice but to stick with the deal even as the personal-computer industry contracts at a faster-than-predicted pace.
Richard Strassberg, the Goodwin Procter LLP lawyer who represented Martha Stewart’s broker Peter Bacanovic in his 2004 criminal trial, will head a legal team defending former SAC Capital Advisors LP portfolio manager Mathew Martoma against insider-trading charges.