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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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The payrolls decline marked a sharp step down from October, which saw an upwardly revised gain of 47,000 positions.
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A Devastating Fire Has Fueled a National Security Crackdown in Hong Kong The New York TimesHong Kong orders removal of scaffolding mesh after deadly blaze BBCHong Kong's Response to Deadly Fire Shows China's Play Book in Action The New York TimesA 1-year-old was among 159 killed in Hong Kong apartment fires. 30 others remain missing ABC News
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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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Demand in the December quarter "remains healthy," and the price tag was not as high as Wall Street feared.
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Data from ADP, a payroll processor, is getting added attention because of delays in official statistics caused by the government shutdown.
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Eileen Kiernan, the leader of IPG Mediabrands, is stepping down from her role as the firm is absorbed into former rival Omnicom Media.
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