Unilever picks Morgan Stanley and Goldman to sell spreads business: Sources

Anglo-Dutch consumer group Unilever has decided to work with Morgan Stanley and Goldman Sachs on the sale of its margarine and spreads business, which was announced last week, sources told Reuters on Thursday. The sale, which could fetch as much as 6 billion pounds...

Jobless claims show labor market remains strong despite a sharp slowdown in growth in March

The number of Americans filing for unemployment benefits unexpectedly fell last week, suggesting the labor market remains strong despite a sharp slowdown in job growth in March. Initial claims for state unemployment benefits slipped 1,000 to a seasonally adjusted...