NEW YORK (AP) — Stocks are mixed on Wall Street following the latest news on the U.S. jobs picture. The Labor Department says the U.S. added 146,000 jobs last month and the unemployment rate fell to 7.7 percent. But it also says employers added 49,000 fewer jobs in October and September than initially estimated.
WASHINGTON (AP) — Details of the Labor Department's monthly employment report are less rosy than the main numbers. The unemployment rate fell from 7.9 percent to 7.7 percent, the lowest level since December 2008. But the unemployment rate fell largely because discouraged unemployed workers stopped looking for work and weren't counted among the unemployed.
DETROIT (AP) — Ford is recalling about 19,000 brand-new Fusion midsize cars to fix defective headlights. Reflectors in the low-beam lights on the 2013 Fusions can become hazy over time and reduce the brightness. It's the second recall in a week for the Fusion and the sixth recall of a new Ford vehicle in the past five months.
MOSCOW (AP) — Moscow is criticizing U.S. legislation that calls for sanctions against Russian officials accused of human rights abuses, and warns that it will respond in kind. The sanctions provision is part of a bill to end Cold War-era trade restrictions that was given final passage yesterday by the Senate. The bill is being hailed by U.S. businesses but its human rights part has outraged President Vladimir Putin's government.
GOLDEN TRIANGLE, Thailand (AP) — One of the world's priciest coffees is being produced in northern Thailand's lush hills with the help of elephants. The new brew is made from beans eaten by the elephants and plucked a day later from their dung. It's being marketed as earthy in flavor and smooth on the palate and priced at $500 per pound.