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Dow rises as investors shake off weak jobs data, Microsoft decline: Live updates CNBCPrivate Employers Cut Jobs in November, the Latest Sign of a Slowdown The New York TimesA first look at November hiring shows the private sector lost 32,000 jobs CNNStock market today: Dow and S&P 500 rise, Nasdaq pares losses as key ADP jobs data shows weakness Yahoo Finance
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Privately run businesses eliminated jobs in November for the third time in four months, pointing to a broad slowdown in hiring that threatens to nudge unemployment higher and chip away at the economy.
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Brown-Forman named new executives and said it will cut about 12% of its global workforce, or roughly 648 jobs, as it undergoes a restructuring aimed to position the company for growth amid a choppy global spirits market.
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