Jobs

Morgan Stanley to cut jobs, may signal more pain ahead

Morgan Stanley plans to slash 1,600 jobs in what may be just the beginning of a new round of layoffs at large investment banks, this time driven by a deeper reassessment of Wall Street businesses in the face of new regulations and capital standards.

Dollar Climbs vs Euro on U.S. Jobs Data; Fed eyed

The U.S. dollar gained against the euro on Friday for the third straight day after the release of better-than-expected U.S. jobs data, but less-encouraging details within the report should limit the currency's gains ahead of a Federal Reserve policy meeting next week.

Spain's Rescued Banks to Shrink, Slash Jobs

Spain's four nationalized banks will more than halve their balance sheets in five years, slashjobs and impose hefty losses on bondholders, under plans approved by the European Commission on Wednesday.

Wall Street Jumps on Strong Consumer and Jobs Data

The S&P 500 scored its best day in seven weeks on Thursday as bullish consumer confidence and private-sector jobs data gave investors reason to cheer following superstorm Sandy's devastating sweep through the U.S. Northeast.

Sharp to cut 8,000 jobs through plant sales: paper

Embattled TV maker Sharp Corp (6753.T) aims to cut 8,000 jobs or 15 percent of its global workforce, including 3,000 from the sale of two TV factories in China and Mexico to Taiwan's Hon Hai Precision Industry (2317.TW), Japan's Yomiuri newspaper reported on Tuesday.

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