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What Happens When Big-City Chefs Open Small-Town Restaurants

Thinking of opening a restaurant in a small town? Chefs who have done it share advice on how to overcome the obstacles, Eater reports.

Source: Eater

APNewsBreak: Ranch buy adds to huge Montana wildlife reserve

BILLINGS, Mont.— A huge Montana nature reserve added a 47,000- acre historic ranch to its patchwork of lands along the Missouri River on Friday, a significant step in a privately funded effort to stitch together a Connecticut- sized park where bison would replace livestock and cattle fences give way to open range. The PN Ranch north of Winifred sprawls across...

Source: The Associated Press

Cramer's Mad Dash: Yelp jumps on earnings

CNBC's Jim Cramer explains what to watch ahead of the open including Yelp earnings.

Source: CNBC.com

US STOCKS-Wall St set to open lower after weak April jobs report

*April nonfarm payrolls up by 160,000 vs 202,000 expected. May 6- Wall Street looked set to open lower on Friday after April payrolls data showed the U.S. economy added the fewest jobs in seven months, raising concerns that the weakness in overall economic activity was spilling over to the labor market. Concerns over mixed economic data and the slowing pace of...

Source: Reuters

Your first trade for Friday, May 6

The "Fast Money" traders share which trades they'd make at the market open.

Source: CNBC.com

GLOBAL MARKETS-Payrolls numbers knock stocks, dollar

*Wall Street heads for lower open after payrolls miss forecast. *Asia ex- Japan shares sees biggest drop in 12 weeks. Futures prices showed Wall Street set to open as much as half a percent lower while stock markets in Europe deepened morning falls, sending global indices towards their worst weekly losses since early February.

Source: Reuters

JC Penney cuts employee hours after "expense challenge"-NY Post

Penney Co Inc faced "an expense challenge" in April and in response cut payroll, froze overtime for its employees and took other cost-cutting measures, the New York Post reported, citing an internal memo. The company's shares were down 8 percent at $8.23 in premarket trading, set to open at their lowest level in more than 2 months. The company has been working to turn...

Source: Reuters

Vinyl revival: Czech record maker aims for global dominance

LODENICE, Czech Republic— As vinyl records make a global comeback, a little-known Czech company is riding the market surge to establish itself as the world's biggest record manufacturer, with plans to expand in North America and Asia. This summer, in an effort to get closer to the growing American market, it is due to open a new plant in Canada and is finalizing a deal...

Source: The Associated Press

European shares open lower ahead of U.S. payrolls report

MILAN, May 6- European shares fell in early trading on Friday, hit by a drop in ArcelorMittal, as investors await the U.S. The pan-European FTSEurofirst 300 index was down 0.4 percent by 0721 GMT, weiged down by losses among minining and energy stocks. Among top fallers, ArcelorMittal fell 2 percent after its first-quarter core profit fell by about a third, while Man...

Source: Reuters

RBA monetary policy statement 'unequivocally dovish'

Broad-based disinflationary pressures leave "the door open for more RBA rate cuts down the road", says Commonwealth Bank's currency strategist, Elias Haddad.

Source: CNBC.com