Initial Jobless Claims in U.S. Fall 16,000

April 25 (Bloomberg) -- Fewer Americans than forecast filed first-time claims for unemployment insurance payments last week, pointing to an improving labor market. Applications for jobless benefits decreased by 16,000 to 339,000 in the week ended April 20, the lowest since March 9, according to Labor Department data released today in Washington. Betty Liu and Michael McKee report on Bloomberg Television's "In the Loop." (Source: Bloomberg)
U.S. Banker Frontrunner to Fill Barclays’s CEO Vacuum
18:53 - Barclays Plc Chairman John McFarlane’s three-month hunt for a chief executive officer with a new set of skills has led to a familiar form of talent: an American investment banker. Jes Staley, 58, who spent more than three decades at JPMorgan Chase & Co., is now the leading candidate for London-based Barclays’s top job, a person with direct knowledge of the matter said Monday.
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