Stocks mostly higher…Most job openings on record…Immigration arrests at gardening company
NEW YORK (AP) – Stocks are mostly higher after posting solid gains over the last two days. Technology companies are rising further and the smallest companies are also making gains. Oil prices continued to decline, pulling energy stocks lower. Banks slipped as bond yields decreased. Twitter rose after being added to the S&P 500 index. Shares in Starbucks fell after Howard Schultz said he’s stepping down as the coffee chain’s chairman. Schultz has been chairman of the company since 2000 and oversaw enormous expansion for Starbucks over that time.
WASHINGTON (AP) – U.S. businesses posted the most job openings on record in April for the second straight month, underscoring the economy’s strong demand for workers. The Labor Department says the number of available jobs rose 1 percent to 6.7 million from 6.6 million in March. That’s the most since records began in December 2000.
SANDUSKY, Ohio (AP) – U.S. immigration agents have made more than 100 arrests at an Ohio gardening company in the Trump administration’s growing crackdown on employers for hiring people who are in the country illegally. The 114 arrests happened this morning at two locations of Corso’s Flower & Garden Center, one in Sandusky and another in nearby Castalia. U.S. Immigration and Customs Enforcement says it expects charges for crimes including identity theft and tax evasion.
WASHINGTON (AP) – President Donald Trump’s top economic adviser says the president now prefers to negotiate separately with Canada and Mexico over their three-country trade deal. Still, Larry Kudlow told “Fox & Friends” that Trump isn’t going to withdraw the U.S. from the North American Free Trade Agreement. Kudlow says Trump is “just going to try a different approach.” Trump recently floated the idea of negotiating separately with Canada and Mexico.
NEW YORK (AP) – Billionaire conservative icon David Koch (kohk) is stepping down from the Koch brothers’ network of business and political activities. The 78-year-old New York resident is suffering from deteriorating health, according to a letter from older brother Charles Koch sent to company officials. David Koch is leaving his roles as executive vice president and board member for Koch Industries and chairman of the board for the Americans For Prosperity Foundation, the charity related to Koch brothers’ primary political organization.