The number of people seeking U.S. unemployment benefits dropped 8,000 last week to a seasonally adjusted 287,000, as the total number of Americans collecting benefits dropped to its lowest level in more than eight years.

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People are quitting their jobs at a faster clip and that’s pushing small business owners to work harder to hold onto top talent.

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Labor Secretary Thomas Perez is issuing a final rule raising the minimum wage for employees of federal contractors to $10.10 an hour.

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Six months after launching in San Francisco, Shyp introduced its shipping service to the Big Apple. CEO Kevin Gibbon shares his tips for other entrepreneurs planning an expansion to a new city.

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Bank of America Chief Executive Brian Moynihan has been named chairman, effective immediately.

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The San Mateo-based startup makes tags that connect objects to iOS devices to help people more easily find lost items.

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Allegiant Travel said Wednesday that President and Chief Operating Officer Andrew Levy resigned his executive roles and will step down from the board of directors.

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Nevada tourism officials are planning a three-day festival in Reno next fall to celebrate and promote the city as the birthplace of what became modern blue jeans.

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A Buffalo-based website designer and service provider says it will lay off about 70 employees, including 50 who work at the company’s downtown headquarters.

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Ford Motor Co. of Canada says it is adding 1,000 jobs at its plant in Oakville, Ontario, by the end of this year to build the 2015 Ford Edge crossover SUV for the global market.

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