JOBS

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US Futures Down Ahead of GDP, Jobs Data

Futures on major US stock indices point to a lower opening on Thursday ahead of economic data including final estimates for fourth quarter GDP and initial jobless claims.

Goldman board meets in India amid talk of splitting top jobs

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Half a world away from Wall Street, the board of directors of embattled Goldman Sachs Group Inc were meeting in India amid reports that senior executives have talked about splitting the roles of chief executive and chairman, both held now by Lloyd Blankfein.

Balfour Beatty warns 12,000 jobs at risk: report

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Britain's biggest construction company Balfour Beatty has warned all its 12,000 staff in the UK that their jobs are at risk, the construction industry magazine Building reported on Wednesday.
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BofA cuts cap markets, research jobs: sources

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.
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Starbucks adding energy drinks, factory jobs

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.
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Apple's Cash Disposition To Be Discussed On Call Monday

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.
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Deutsche Bank's Ackermann not looking for more jobs

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 .
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Fed seen biding time, assessing jobs gains

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.
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Shares pause after U.S. jobs, monetary policy in focus

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 chairman and Chief Executive Officer Tim Armstrong speaks at the Reuters Global Media Summit in New York

AOL to Cut 40 Jobs: Report

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.
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Shares pause after jobs, monetary policy in focus

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.
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China Economic Slowdown: Could It Bring Jobs Back To The US?

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.

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