Bank of America Corp has eliminated jobs in its equities, mortgage-backed securities and research divisions in recent weeks, two sources familiar with the situation said on Wednesday.
Starbucks Corp is expanding into the fast-growing energy drink category and plans to add manufacturing jobs in the United States, the world's biggest coffee chain said on Wednesday.
The market clearly liked the news – Apple shares jumped 2.65 percent on Monday to close above $600 per share for the first time.
When the late Steve Jobs had a will, he often got his way. That's why Apple hasn't paid a dividend since 2005.
Apple Inc. -- the world's most valuable publicly traded company by its market capitalization of $545.97 billion -- will conduct a conference call to announce the outcome of discussions concerning its cash balance on Monday at 9 a.m. EDT, which is before the U.S. equity-market open.
Outgoing Deutsche Bank chief executive Josef Ackermann said he had no plans for further jobs besides several prominent European-based board seats such as Swedish family-run Investor and German group Siemens .
Shares of Apple hit $600 for the first time, boosting the computer and electronics developer’s market capitalization above $560 billion.
Stock index futures advanced on Thursday, indicating the S&P 500 may resume its march higher ahead of data on the labor market and a report on regional manufacturing.
A deal Senate leaders struck Wednesday would speed up the confirmation process for 14 of President Barack Obama's stalled judicial nominees.
With Republican senators eager to get a jobs bill to President Barack Obama's desk, Majority Leader Harry Reid offered a vote in exchange for dropping a filibuster of the president's judicial nominees.
Dominos, the world leader in fastest pizza delivery, had credited mobile technology apps for an increase in demand for pizza, which has created more than 1000 jobs.
The Federal Reserve on Tuesday is expected to hold a steady course on monetary policy, acknowledging a mildly brighter economic outlook while refraining from any suggestion that further easing is now off the table.
Asian stock markets ended lower Monday as disappointing Chinese trade data released over the weekend overshadowed stronger than expected US February jobs report.
Asian shares fell on Monday as investors paused to assess the effect of strong U.S. jobs data, which scaled back expectations of more easing ahead of this week's Federal Reserve meeting, while uncertainty over Chinese growth also weighed on sentiment.
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.