(NEW YORK)The digital-entertainment company RealNetworks Inc. said Thursday it will lay off about 7.5 percent of its workers, joining a growing list of technology companies forced to trim st...READ MORE
(VIENNA, Austria)Oil prices plummeted Friday as the already battered market reacted to unexpectedly high U.S. unemployment figures--the latest dramatic evidence of recession in the world's largest ...READ MORE
(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
(SINGAPORE)Oil prices were steady near four-year lows below $44 a barrel Friday in Asia as more bad U.S. economic news soured the outlook for global growth and demand for crude.READ MORE
(LOS ANGELES)Amid an ongoing debt crisis at controlling shareholder Sumner Redstone's movie theater company, National Amusements Inc., media giant Viacom Inc. said Thursday it will slash about ...READ MORE
(LOS ANGELES)General Electric Co.'s media and theme park subsidiary, NBC Universal, this week laid off about 500 employees--about 3 percent of its work force of 15,000--as part of a plan to tri...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