Malaysia stepped up efforts to locate a jet that may have crashed in the Gulf of Thailand, focusing on oil slicks and two passengers who used stolen passports, with officials examining television footage.
Oil slicks signaled that a missing Malaysian Airline System Bhd. jet may have crashed in the Gulf of Thailand even as the mystery surrounding the plane deepened with the discovery that two passengers used stolen passports.
U.S. stocks rose a second week, sending the Standard & Poor’s 500 Index to a record, as better- than-forecast data on hiring and manufacturing fueled optimism in the economy and overshadowed concern on Ukraine.
Jeanina Jenkins, a 20-year-old high- school graduate from St. Louis, is stuck in a $7.82-an-hour part-time job at McDonald’s Corp. that she calls a “last resort” because nobody would offer her anything better.
Treasury 10-year yields rose the most since September after stronger-than-forecast job gains in February suggested that the economy, which has been hampered by severe cold this winter, is poised for faster growth.
Senator Ted Cruz of Texas, who hasn’t shied away from angering the more traditional wing of his Republican Party, drew another rebuke from a political veteran: Bob Dole, a former Senate leader and presidential contender.
Russell Investments, the indexing and fund-management unit of Northwestern Mutual Life Insurance Co., is drawing takeover interest from suitors including Blackstone Group LP and Bain Capital LLC as Goldman Sachs Group Inc. solicits bids for the firm, people with knowledge of the matter said.
A co-defendant of Joaquin “el Chapo” Guzman, the alleged Mexican drug kingpin captured last month, dropped his plan to plead guilty in a U.S. case after a TV report said he was cooperating with prosecutors.