Weekly jobless claims drop to 216,000

glegorly/iStock(WASHINGTON) — Jobless claims took a dip last week, falling by 23,000, according to the latest figures released Thursday by the Labor Department. For the week ending Feb. 16, the number of people filing for benefits dropped from an unrevised level of Read More

Ford to stop selling heavy trucks in South America

fredrocko/iStock(SAO PAULO) — Ford is ending its sales of heavy trucks in South America in an effort to make its operations in the region profitable again. The automaker announced on Tuesday production at its São Bernardo do Campo plant in Brazil will cease Read More