The U.S. economy sprouted more green shoots of recovery in data released on Thursday, with weekly jobs figures showing unexpected improvement and the slumping factory sector revealing dramatic signs of a rebound.
Fiat called on Italy's government and unions to back its efforts to maintain jobs while cutting output in the country and secured a commitment from Rome on Thursday for investment near two plants that could face cuts.
Textron Inc's Cessna unit said it would cut another 1,300 jobs, underscoring the face of deteriorating demand for corporate aircraft and leaving the company with about half of its workforce remaining.
Talbots Inc posted a much narrower-than-expected loss on Tuesday, a day after the women's apparel retailer decided to sell its J.Jill division to Golden Gate, and said it would cut corporate headcount across all locations by about 20 percent.
New York could create as many as 50,000 jobs by converting 45 percent of its electricity needs to renewable energy sources by 2015, Governor David Paterson said on Monday as he unveiled plans to reduce the state's reliance on Wall Street.
Apple on Monday unveiled a new, faster iPhone and cut the price on its existing model to $99.
Apple Inc cut the price of its entry-level iPhone to $99 on Monday, in a nod sure to please recession-weary consumers, but ailing leader Steve Jobs did not put in a much speculated-about appearance after a months-long absence from public view.
Apple Inc unveiled a speedier iPhone on Monday, but contrary to rumor its convalescing Chief Executive Steve Jobs did not make an appearance.
Apple senior vice president of worldwide product marketing Phil Schiller opened up Apple's Worldwide Developer Conference (WWDC) on Monday by show casing new MacBook Pro laptops with longer battery lives, faster processors and lower pric
Apple Inc unveiled a cheaper notebook with revamped software on Monday, kicking off a closely watched annual conference with low-key announcements amid speculation visionary leader Steve Jobs might appear after a months-long absence from public view.
A surprise appearance by Apple Inc Chief Executive Steve Jobs at the company's annual developer conference could boost its stock on Monday, but his absence might trigger a bigger move in the other direction.
President Barack Obama on Monday pledged to deliver or save more than 600,000 jobs through the $787 billion stimulus plan this summer.
President Barack Obama said on Monday he expected to create or save 600,000 jobs over the next 100 days by expediting 10 major projects funded by a huge stimulus package that Congress passed in February.
The economic downturn has claimed the jobs of tens of millions worldwide but most in the thriving climate change sector feel just as safe in their jobs, if not more so, than they did a year ago, a new Reuters survey shows.
The U.S. recession may be over before the year ends, but the initial stage of recovery could see few new jobs, potentially leaving the 2010 congressional elections wide open.
U.S. stocks flip-flopped throughout Friday's session, with the major indexes ending split as investors paused to consider conflicting signals in monthly U.S. jobs data.
(Corrects to show Citigroup's exit from Dow occurs on Monday at start of trading and not after bell)
U.S. stocks flip-flopped throughout Friday's session, with the major indexes ending split as investors paused to consider conflicting signals in monthly U.S. jobs data.
Global stocks edged higher and the U.S. dollar gained against the euro and yen on Friday after the pace of U.S. job losses slowed sharply in May, adding to growing sentiment that the economic slowdown may be turning.
World stocks extended gains on Friday, rising toward this week's 7-1/2 month high after better-than-expected U.S. employment data reinforced investors' hopes that the world's biggest economy has passed its worst.
Steve Jobs is on track to return to the helm of Apple this month after nearly six months of medical leave, according a report in The Wall Street Journal that cited unnamed sources.
World stocks and oil prices extended gains and government bonds tumbled on Friday after closely-watched data showed the U.S. economy lost a fewer-than-expected 345,000 jobs in May.