As Trump touts Indiana jobs deal, U.S. factory work seeps overseas

ELKHART, Ind./WASHINGTON (Reuters) - President-elect Donald Trump goes to Indianapolis on Thursday to celebrate a deal that will keep 1,000 factory jobs there, but employers elsewhere in Indiana are laying off five times that many workers because of foreign competition.

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Oil price rally likely short-lived as OPEC deal not enough to reduce glut

(Reuters) - The oil price rally sparked by an OPEC-Russia deal to cut output is likely to be short-lived, say traders in Asia, because the agreement may only draw more supplies from storage tanks and more crude shipments from the United States.

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Jobless claims rise to five-month high

WASHINGTON, Dec 1 (Reuters) - - The number of Americans filing for unemployment benefits rose more than expected last week, hitting their highest level in five months, but the underlying trend remained consistent with a strengthening labor market.

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U.S. stock futures lower ahead of economic data

(Reuters) - U.S. stock index futures kicked off December on a somber note ahead of a raft of data that would offer more clues on the strength of the economy.

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Separation anxiety: Trump’s management style poses challenges in Oval Office

NEW YORK (Reuters) - It has proven one of Donald Trump's greatest strengths in building a worldwide luxury brand: An obsessive attention to detail, down to the curtains hanging in hotel rooms and the marble lining the lobby floor.

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Carrier gets state incentives, Trump pledge for keeping U.S. jobs

WASHINGTON (Reuters) - United Technologies Corp's Carrier unit said on Wednesday it got financial incentives from Indiana and a pledge from President-elect Donald Trump to improve the climate for business in the United States in exchange for keeping more than 1,000 jobs in the state rather than moving them overseas.

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Oil prices surge, trading volume records smashed as OPEC and Russia agree output cut

SINGAPORE (Reuters) - An agreement between oil producer club OPEC and Russia to produce less to drain a global glut sent prices soaring in record trading volumes on Thursday, even as analysts warned other producers will likely top up supply.

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