(NEW YORK)Pressured by the economic turmoil and the mounting loss of traditional phone customers, AT&T Inc. is cutting 12,000 jobs, about 4 percent of its work force.READ MORE
(NEW YORK)Gold and other commodities prices fell Thursday investors extended their flight from the futures markets amid more signs of economic weakness. The dominating driver of the commodit...READ MORE
Automakers face skeptical senators on aid plan WASHINGTON (AP)--U.S. automakers drew fresh skepticism from lawmakers Thursday in a rocky confrontation over their pleas for an expan...READ MORE
(NEW YORK)A period of relative calm on Wall Street ended Thursday as stocks tumbled in the final hour of trading on growing investor anxiety ahead of the government's November employment rep...READ MORE
A round of more than 15,000 layoffs announced Thursday by AT&T Inc., DuPont and Viacom Inc. suggests a yearlong wave of job cuts is accelerating, just as the government is expected...READ MORE
(LONDON)World stocks closed modestly lower Thursday, despite hefty interest rate cuts across Europe, as Wall Street retreated in the face of fresh grim corporate and economic news and Frid...READ MORE