AOL is set to make an announcement of firing 40 employees, which will include the team working on the AOL Instant Messenger Service, according to a report in Bloomberg.
Asian shares fell on Monday as investors paused to assess the effect of strong jobs data, which scaled back expectations for more easing ahead of this week's Federal Reserve meeting, while uncertainty over Chinese growth also weighed on sentiment.
Economists agree the current labor recovery is creating some jobs, but disagree as to which groups will benefit the most -- and what American society will end up looking like -- as a result. Their disagreements are full of useful insight that could be the base for future policies, if only policymakers were listening.
The global markets tumbled this week, due in part to concerns about China's slowed economic growth. There are several reasons, however, why China's economic slowdown could actually benefit the U.S., despite the market's immediate reaction. One reason is the possible return of jobs to the United States' manufacturing sector.
Stocks advanced on Friday as investors brushed off the technical default by Greece and focused instead on another strong monthly jobs report.
Stocks were on track to end the week higher on Friday after a strong monthly jobs report, but gains were trimmed in late afternoon trade on news of a credit event in Greece.
President Barack Obama Friday told Rolls Royce workers in Virginia that day by day, we're restoring this economy from crisis.
Apple Inc is expanding its presence in Texas with a $304 million investment to build a new campus in Austin, which will add 3,600 jobs over the next decade, more than doubling its workforce in the city.
Stocks rose on Friday after another strong monthly jobs report showed the economic recovery was broadening.
Employment grew solidly for a third straight month in February, a sign the economic recovery was strengthening and in less need of further monetary stimulus from the Federal Reserve.
Stocks rose on Friday, adding to their best two-day run in nearly three months, after a report showed the economy added more jobs than expected in February.
Republicans responded to a better-than-expected February jobs report Friday, detracting any credit from President Barack Obama and remaining pessimistic about unemployment.
Stocks were set for a higher open on Friday after a report showed the economy added more jobs than expected in February, which could push indexes into a higher trading range in the weeks ahead.
Ericsson, the world's top mobile telecoms equipment maker, is to cut jobs at its North American operations as part of a continued drive for greater efficiency in a business seeing slower sales.
Stock index futures edged lower on Friday after their strongest two-day gain in nearly three months and ahead of a report likely to show employment grew solidly for a third straight month.
Stock index futures edged lower on Friday after their strongest two-day gain in nearly three months and ahead of a report likely to show employment grew solidly for a third straight month.
Stock index futures pointed to a slightly lower open for equities on Wall Street on Friday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 falling up to 0.2 percent.
Employment likely grew solidly for a third straight month in February, a sign the economic recovery is becoming more durable and in less need of further monetary stimulus from the Federal Reserve.
It's been a day since Apple CEO Tim cook announced the new iPad, simply called, the new iPad. While some believe Steve Jobs would've never approved such an unexciting, boring name, the truth of the matter is that Jobs would have LOVED the name.
Crude oil prices gained in European trade Thursday as better-than-expected ADP jobs report in the U.S. and the progress in the Greek debt swap deal boosted sentiment.
Stocks rose on Wednesday, a day after the worst selloff in three months for Wall Street, as a report showed the U.S. private sector added more jobs than expected last month.
Wall Street stocks bounced back on Wednesday, a day after its worst selloff in three months, as a report showed the U.S. private sector added more jobs than expected last month.