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.
Kutcher's Steve Jobs, Gordon-Levitt Among Sundance Premieres
Ashton Kutcher's turn as Apple co-founder Steve Jobs and actor Joseph Gordon-Levitt's directorial debut about a modern day Don Juan are leading a slew of star-studded premieres unveiled Monday for the 2013 Sundance Film Festival.
Sundance Film Festival 2013: Steve Jobs film, “jOBS," to Premiere on Closing Night
A film portraying the life of the late Steve Jobs will premiere at the 2013 Sunday Film Festival.
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.
Unemployment Rate 2012: Mitt Romney Unimpressed by Jobs Report, Blames President Obama 'Failed Policies'
GOP presidential nominee wasted no time undermining the September jobs report saying "this is not what a real recovery looks like."
US Economy Adds 114K Jobs; Unemployment Rate Falls to 7.8 Percent
The U.S. unemployment rate fell to 7.8 percent in September. The drop marks the first time since President Obama took office that the unemployment rate has been below 8 percent.
US Economy Adds Only 96K Jobs; Unemployment Rate at 8.1 Percent
A disappointing jobs report was released on Friday and could slow President Obama's momentum coming out of the Democratic National Convention.
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.
Ford Invests $135 Million, Adds Jobs, Pushes For An Electric Vehicle Future
Ford announced its "Phase II" in electric vehicle development -- will invest $135 million to design a new electric drive as well as new battery cell capable of doubling energy capacity.
U.S. presidential campaign focus turns to Medicare, not jobs
President Barack Obama launched an attack Wednesday on congressman Paul Ryan's plan to reform Medicare, a divisive issue that has obscured Republican attempts to make the White House election campaign all about jobs.
Steve Jobs' Dream: Apple iCar. Would You Have Bought One?
Regarded as the visionary of our time, the late Apple founder Steve Jobs is known for creating innovative products, establishing the company to the forefront of consumer electronics.