Morning business headlines: 1-8-14
Private employers add 238,000 jobs in December
Reuters: U.S. private employers added 238,000 jobs in December, more than expected and the best figure in 13 months, according to a report by a payroll processor released on Wednesday. Economists surveyed by Reuters had forecast that the ADP National Employment Report would show a gain of 200,000 jobs, with estimates ranging from a low of 170,000 to a high of 240,000. November’s increase in jobs was revised to 229,000 from the initially reported 215,000. The report is jointly developed with Moody’s Analytics Inc.
Marissa Mayer reveals Yahoo’s big plans for 2014
CNNMoney: Yahoo Inc. CEO Marissa Meyer took the stage at the Consumer Electronics Show Tuesday to roll out the company’s plans for the year, which include new apps, new sites, new acquisitions and improvements to existing products. The two biggest products to be launched on stage were Yahoo News Digest and Yahoo Magazines, which will both factor heavily in Yahoo’s media strategy.
T-Mobile CEO crashes AT&T’s party, gets kicked out
CNNMoney: T-Mobile US Inc. CEO John Legere is known for his antics, especially when it comes to attacking his competitors. This time, Legere tried to crash AT&T Inc.’s party — but AT&T promptly kicked out its uninvited guest.