Loading...
FOX News Podcasts
Host
The Fox Business Hourly Report is brought to you by the Power of Advice podcast by Capital
Client Group.
I'm Charles Payne, and this is The Fox Business Report.
Markets were closed for good Friday, but the Labor Department released the all-important
jobs report for March, with U.S. employers adding a surprisingly strong 178,000 new jobs
during the month and rebounding from a dismo February.
Jobs were added in healthcare construction, transportation, and warehousing, and the unemployment
rate, dipped to 4.3%, and Starbucks will be joining forces with Boyu Capital and handing
off a large part of its coffee shop business in China to the investment firm, which is expected
to allow Starbucks to focus on reviving its U.S. business.
Boyu will hold a 60% stake of its China operations while Starbucks will keep a 40% investment.
And Microsoft is looking to invest $10 billion in Japan over the next four years to develop
AI infrastructure with partners and strengthen cyber security initiatives.
That's your Fox Business Report, I'm Hillary Barzky, invested in you.
Fox Business Hourly Report