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US hiring topped forecasts in June, wage gains slow

Bloomberg US hiring topped forecasts in June while unemployment rose from an 18-year low and wage gains unexpectedly slowed, indicating the labor market has room to keep expanding. Nonfarm payrolls climbed 213,000 after an upwardly revised 244,000 advance, Labor Department figures showed. The median estimate of analysts surveyed by Bloomberg called for a gain of 195,000 jobs. Average hourly earnings ...

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Sonos files for public offering

Bloomberg Sonos Inc. filed for a US initial public offering as the wireless speaker pioneer gears up to take on increasing competition from Amazon, Google and Apple. Along with rich rivals, the company warned that an escalation of the trade war between the US and China could significantly damage its business. The Santa Barbara, California-based company filed with an offering ...

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Univision mulls selling of ex-Gawker websites

Bloomberg Univision Holdings Inc. is considering selling its English-language websites, including the former Gawker properties, according to people with knowledge of the situation. The move would put a group of sites such as Gizmodo, Deadspin and Jezebel on the block, said the people, who asked not to be identified because the deliberations are private. Univision is working with financial advisers ...

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