Job growth settled into a more sustainable pace in January and the unemployment rate dropped to an almost eight-year low of 4.9 percent, signs of a resilient labor market that’s causing wage growth to stir.
A merger of Hasbro Inc. and Mattel Inc., which would unite two of the biggest toymakers, would need to win approval from antitrust officials in Washington who are increasingly saying no to deals marrying the dominant players in an industry.
By David McLaughlin and Andrew Harris Bloomberg News
The offshore wind company Deepwater Wind LLC is trying to break into the solar industry and has bid on a 26.4-megawatt solar project in Connecticut, which would be one of the largest in New England.
(Updated 1:08 and 3:11 p.m.)
Hasbro Inc. and Mattel Inc. have held talks about merging two of the world’s biggest toymakers, according to people familiar with the matter, in a deal that would bring together the owner of the My Little Pony and Furby brands with Barbie and Hot Wheels.