CNN Money's Maribel Aber has the latest business and financial news for Thursday, June 5.
NEW YORK, NY (CNN) - CNN Money's Maribel Aber has the latest business and financial news for Thursday, June 5.
The Arkansas Fellowship has released the names of its inaugural class and the host companies at which they'll intern over the next two years. The Arkansas Fellowship is a program that matches graduating Arkansas college seniors and with Arkansas host companies. Its mission is to develop the next generation of entrepreneurs and business leaders by keeping the state's best talent at home.
Set your sights on this number: 113,000. That's how many jobs the U.S. economy needs to hit its break-even point, to finally recover all the jobs lost in the financial crisis. Get ready, because we're about to get there this Friday. That's when the U.S. Department of Labor will release its May jobs report, and the outlook is rosy. Economists surveyed by CNNMoney expect the U.S. economy added 200,000 jobs in May.
LinkedIn is catching flack for censoring content related to the Tiananmen Square crackdown, still a forbidden topic in China 25 years after the massacre of pro-democracy protesters. Some LinkedIn (LNKD) users have received emails from the company in recent days informing them that their posts will not be shown in mainland China. "This is due to specific requirements within China to block certain content so that it does not appear on our network in that country," the messages explain.
Increasing numbers of the wealthy global elite are saying goodbye to their home country and taking up residence elsewhere in an effort to preserve their riches. Popular destination countries like Cyprus, Spain and Australia have programs that offer a path to citizenship or permanent residency -- for those who can afford to pay up. Right now, immigrant investor programs are available in about 20 countries around the globe, including the U.S., Europe, and island nations in the Caribbean. More are on the way, especially as countries still reeling from the global financial crisis seek to energize their economies.