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“We see the initial claims data as consistent with healthy labor market conditions and in line with the widely anticipated rebound in the pace of payroll employment in March,” said Jonathan Millar, an economist at Barclays in New York. A separate report on Thursday from global outplacement consultancy Challenger, Gray & Christmas showed planned job cuts by U.S.-based employers dropped 21 percent to 60,587 in March. However, announced layoffs in the first quarter jumped 10.3 percent to 190,410 from the last three months of 2018. That was the highest since the third quarter of 2015 and was partly blamed on “economic uncertainty and fears of an upcoming downturn.”.

(Reuters) - The Massachusetts Institute of Technology has severed ties with Huawei Technologies and ZTE Corp as U.S, authorities investigate the Chinese firms for alleged sanctions violations, the school said on Wednesday, MIT is the latest top educational institution to unplug telecom equipment made by Huawei and other Chinese companies to avoid tateossian cufflinks review losing federal funding, 'MIT is not accepting new engagements or renewing existing ones with Huawei and ZTE or their respective subsidiaries due to federal investigations regarding violations of sanction restrictions,' Maria Zuber, its vice president for research, said bit.ly/2K528XI in a letter on its website..

Collaborations with China, Russia and Saudi Arabia would face additional administrative review procedures, Zuber added. “The institute will revisit collaborations with these entities as circumstances dictate,” she said. Britain’s Oxford University stopped accepting funding from Huawei this year. “We’re disappointed by MIT’s decision, but we understand the pressure they’re under at the moment,” Huawei said on Thursday. The company denies the allegations of the U.S. government.

“We trust the U.S, judicial system will ultimately reach the right conclusion,” Huawei said, ZTE did not respond to a Reuters request for comment, Representatives for Zuber and Richard Lester, an associate provost at MIT who also signed the letter, referred questions about details such as how much research was likely to be affected to MIT spokespeople, who did not immediately respond, In a letter to MIT faculty tateossian cufflinks review at the start of the current school year, Lester wrote that in cases where U.S, and Chinese interests are in direct conflict, MIT would prioritize its home country..

Meng Wanzhou, Huawei’s chief financial officer and daughter of its founder Ren Zhengfei, was arrested in Canada in December at the request of the United States on charges of bank and wire fraud in violation of U.S. sanctions against Iran. She denies wrongdoing. U.S. sanctions forced ZTE to stop most business between April and July last year after Commerce Department officials said it broke a pact and was caught illegally shipping U.S.-origin goods to Iran and North Korea. The sanctions were lifted after ZTE paid $1.4 billion in penalties.

In Beijing, the Foreign Ministry referred questions to the two companies, but said Chinese firms were required to abide by local laws, “At the same time, we ask that governments in countries tateossian cufflinks review where they are based provide a just, fair, and nondiscriminatory environment,” its spokesman, Geng Shuang, told a news briefing on Thursday, Chinese telecoms equipment makers have also been facing mounting scrutiny, led by the United States, amid worries Beijing could use their equipment for spying, The companies, however, have said the concerns are unfounded..

CHICAGO (Reuters) - Food and agriculture group Cargill Inc has appointed Joe Stone as its new head of agricultural supply chain, effective June 1, the U.S.-based company said on Thursday. David Webster will take over the head of Cargill’s feed making animal nutrition business, a role vacated by Stone, Cargill said in a statement. Longtime Cargill executive GJ van den Akker will retire as enterprise lead for Cargill’s Agricultural Supply Chain in 2020, the company said. The supply chain business includes origination, trading, processing, and distribution of crops like corn, wheat and soybeans.

FRANKFURT (Reuters) - Deutsche Bank came under increased pressure on Thursday to move forward on tateossian cufflinks review a tie-up with Commerzbank after Italy’s UniCredit was named as a potential alternative bidder for the German lender, UniCredit could explore a merger with Commerzbank if talks with Deutsche fall through, two people with knowledge of the matter said on Thursday, The people said UniCredit would not crash the talks on a tie-up between Germany’s two largest banks and UniCredit’s focus for now was on its turnaround plan..

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