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Finance Latest News: Stocks Rise as Investors Parse Jobs Report

Wochit 0:59 mins

Investors didn't know what to make of the jobs report: They were cheered by a big uptick in hiring but worried that the good news will spur the Federal Reserve to scale back its economic stimulus. Shares of Dell Incorporated fell more than 3 percent, as investors grew skeptical that founder Michael Dell and Silver Lake Partners will raise their $24.4 billion buyout bid in order to overcome growing opposition. The celebrity chef has ended her business relationship with the man who helped her launch the media empire that's been crumbling since it was revealed that she previously used the N-word. Deen had worked with New York agent Barry Weiner for more than a decade, and she said he was instrumental in getting her show Paula's Home Cooking on the Food Network, according to The Associated Press.

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