U.S. companies slowed the pace of hiring in April while paying workers only slightly more, knocking down expectations for a Fed rate increase next month.

Sumner Redstone said in a deposition he wanted his daughter Shari to make his health-care decisions.

The Treasury Department rejected a proposal to cut pensions for hundreds of thousands of truck drivers and other service personnel.

Puerto Rico's governor said the territory won't make an $800 million payment on the island's general-obligation debt due July 1.

ArcelorMittal said U.S. and European steel markets are stabilizing after record Chinese exports sent prices plummeting.

Stock indexes fell for a second week despite advancing Friday. The Dow rose 79.92 points to 17740.63.

The leader of a digital-currency firm was sentenced to 20 years in prison for a money-laundering scheme.

A Tribune Publishing shareholder publicly urged the board to engage in negotiations with Gannett.

(END) Dow Jones Newswires

May 06, 2016 23:25 ET (03:25 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
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