U.S. Payrolls Rise 236,000; Jobless Rate at 7.7%

March 8 (Bloomberg) -- Payrolls increased more than forecast in February and the jobless rate unexpectedly fell to a five-year low of 7.7 percent, a sign U.S. employers were undaunted by the budget impasse in Washington. Employment rose 236,000 last month after a revised 119,000 gain in January that was smaller than first estimated, Labor Department figures showed today in Washington. Peter Cook reports on Bloomberg Television's "In the Loop." Source: Bloomberg)

Abengoa's Bondholders Jumping Ship
37:18 - Creditors of the troubled Spanish renewable energy company, Abengoa, are facing tough choices this morning. They're being told to dump their holdings in the firm or take their chances in an eventual settlement. Abengoa has been teetering on the edge of becoming Spain's biggest corporate bankruptcy. Bloomberg's Rodrigo Orihuela reports on "Countdown." (Source: Bloomberg)
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