U.S. Jobless Claims May Be False Alarm, Rupkey Says
April 4 (Bloomberg) -- Chris Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi UFJ, discusses U.S. initial jobless claims data released today. More Americans than projected filed applications for unemployment benefits last week. Jobless claims rose by 28,000 to 385,000 in the week ended March 30, the highest since Nov. 24, Labor Department figures showed in Washington. (Source: Bloomberg)
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Jon Stanton to Succeed Keith Cochrane as Weir Group CEO
21:13 - Keith Cochrane, the CEO of Weir Group Plc, the world’s largest maker of fracking pumps for oil companies, is stepping down as CEO after 10 years on the board and will be replaced by Jon Stanton with effect from October 1. The company earlier reported that orders and sales missed by 4% and 2% respectively. Cochrane spoke to Bloomberg's Anna Edwards and Manus Cranny on "Countdown."