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New Apple iPods slim down

In addition to introducing a new smaller Apple TV on Wednesday, Apple CEO Steve Jobs announced a refreshed line of iPods.

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Johnson & Johnson Recalled Two Hip Replacement Products, 11th Recall Since September

Johnson & Johnson’s (NYSE:JNJ) artificial joint business is recalling two hip replacement products, which is the company’s 11th recall since September. DePuy Orthopaedics Inc. said it is recalling two hip replacement products because new data shows higher-than-expected rates of patients needing a second hip replacement procedure. One in eight patients needed a revision surgery within [...]

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The Labor Department Reported Jobless Claims Fell To 473,000 Last Week

The Labor Department reported that people filing first-time claims for unemployment benefits fell 31,000 to 473,000 last week, which is the first decline in one month. Economists had expected initial claims to drop to 490,000 last week. The four-week average of initial claims rose slightly, up 3,250 to 486,750.

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