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U.S. jobless rate at 25-year high
WASHINGTON (Reuters) - U.S. employers cut a smaller-than-expected 539,000 jobs in April, the smallest amount since October, according to government data on Friday that hinted at some improvement in the labor market and the recession-hit economy.
Reuters

Pace of Job Losses Slows Slightly
Nonfarm payrolls fell 539,000 in April, the smallest decline in six months, as the unemployment rate rose to 8.9%. A good deal of the improvement came from temporary government hiring.
Wall Street Journal

U.S. jobless rate hits 25-year high
WASHINGTON (Reuters) - U.S. employers cut a smaller-than-expected 539,000 jobs in April, the smallest amount since October, according to government data on Friday that hinted at some improvement in the labor market and the recession-hit economy.
Reuters

Stock futures hold gains after payroll data
NEW YORK (Reuters) - Stock index futures held gains on Friday after government data showed that employers cut a smaller-than-expected 539,000 jobs in April, hinting at labor market improvement
Reuters

Retailers saw smaller sales declines in April
NEW YORK - April retail sales figures offered more signs that consumers are starting to feel better about spending. But they are still keeping their budgets tight, sticking mostly to necessities such as groceries and health-care products.
The Philadelphia Inquirer

Pakistani forces bomb Taliban in Swat
MINGORA, Pakistan (Reuters) - Pakistani planes bombed the Taliban in their Swat bastion on Friday, after the prime minister ordered elimination of 'militants and terrorists' and on the heels of a commitment to Washington to fight extremists.
Reuters

Pope heads to Middle East on
The Associated Press ROME -- Pope Benedict XVI has set off for the Middle East on a self-proclaimed pilgrimage of peace. Benedict's plane took off from Rome's Leonardo da Vinci airport Friday mornin...
bignewsnetwork.com

Toyota Reports $4.71 Billion Operating Loss in FY2008
Toyota (NYSE:TM) on Friday reported a consolidated operating loss of 4.66 billion U. S. dollars in fiscal 2008 ending March 31, the first operating loss in 71 years. As car sales are still on the decrease amid the global financial crisis, the largest Japanese automaker projected an operating loss of 8.59 billion dollars in fiscal 2009....
Hispanic Business

Pope heads to Mideast on
ROME -- Pope Benedict XVI has set off for the Middle East on a self-proclaimed pilgrimage of peace.Benedict's plane took off from Rome's Leonardo da Vinci airport at about 9:50 a.m. (0750 GMT) Friday...
bignewsnetwork.com

Terrorism suspect arrested in Malaysia
A terrorism suspect -- whose 2008 escape from Singapore launched a global manhunt -- has been arrested in Malaysia, according to authorities there.
CNN

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