NEW YORK (AP) -- Stocks are mixed after the government reported that U.S. employers added to their payrolls at a solid pace last month. The Dow Jones industrial average and the Standard & Poor's 500 index are modestly higher while the Nasdaq composite is lower. CarMax slumped 3 percent after the used car seller said its quarterly income fell as the effects of an accounting correction offset higher vehicle demand.
WASHINGTON (AP) -- The Labor Department says employers added 192,000 jobs in March, slightly below February's total of 197,000. Employers also added 37,000 more jobs in January and February than previously estimated. The percentage of Americans working reached almost 59 percent, its highest point since 2009. And officials say private employers have finally regained all the jobs lost to the recession that began more than six years ago. Last month's unemployment rate was unchanged at 6.7 percent.
WASHINGTON (AP) -- Attorney General Eric Holder says the Justice Department is investigating high-frequency stock trading to see if any of the practices violate insider trading laws. In remarks prepared for a House hearing, Holder says the Justice Department is "committed to ensuring the integrity of our financial markets." Brokerage firms use high-frequency trading to get a jump on their competitors. The practice has come under increasing scrutiny in recent months.
BARRE, Vt. (AP) -- State officials are revolting against a powerful new painkiller that some fear could make the battle against prescription drug abuse even harder. Yesterday, Vermont Gov. Peter Shumlin announced an emergency order that would make it harder for physicians to prescribe a new class of drugs that includes Zohydro. Last week, Massachusetts Gov. Deval Patrick banned Zohydro. Maker Zogenix says its new drug is no more potent than other hydrocodone medications.
NEW YORK (AP) -- Nest Labs is disabling a feature on its smoke alarms because owners could unintentionally deactivate it with the wave of a hand. The maker of high-tech home monitoring devices developed technology that allows owners to turn off the alarm at a distance, among other things. But the company says that a "unique combination of circumstances" could delay an alarm in the event of a real fire. Nest is halting sales of all new Nest Protect alarms until the software is updated.
Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.