PepsiCo Inc said it planned to pour $500 million to $600 million into its brands this year to increase sales in North America, where it lags behind archrival Coca-Cola Co .
Alcatel-Lucent (NYSE: ALU) plans on eliminating 1,800 jobs across Europe, nixing positions in Belgium, France and Italy.
PepsiCo Inc expects to cut 8,700 jobs as part of a plan to save an extra $1.5 billion over the next three years, as it invests more money in marketing and advertising its brands.
New claims for unemployment benefits unexpectedly fell last week, a government report showed on Thursday, providing further evidence the U.S. labor market was gaining traction.
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The pick-up in jobs has caught the eye of two top Federal Reserve officials who said on Wednesday that continued improvement in the beleaguered labor market dampens prospects for more economic stimulus measures from the central bank.
Struggling Finnish phone maker Nokia plans to cut 4,000 more jobs at its plants in Finland, Hungary and Mexico as it seeks to cut costs by moving smartphone assembly work to Asia.
Struggling Finnish phone maker Nokia plans to cut 4,000 more jobs at its plants in Finland, Hungary and Mexico as it seeks to cut costs by moving smartphone assembly work to Asia.
Anja has been scrubbing floors and washing dishes for two euros an hour over the past six years. She is bewildered when she sees newspapers hailing Germany's job miracle.
Struggling Finnish phone maker Nokia plans to cut 4,000 more jobs at its plants in Finland, Hungary and Mexico as it seeks to cut costs by moving smartphone assembly work to Asia.
House Republicans Monday said a positive January jobs reporting showing 243,000 new jobs and a dip in the unemployment rate belied the number of discouraged job seekers who leave the workforce and underemployed Americans with college degrees.
The BSE Sensex rose for the fifth straight session on Monday, ending 0.58 percent higher, after last week's robust U.S. jobs data helped improve risk appetite, but the rally in the local market is expected to take a breather soon.
A win in the Nevada caucus has moved Mitt Romney closer to securing the Republican presidential nomination, but a new poll for the first time shows Romney losing a general election to President Barack Obama by a significant margin.
The BSE Sensex rose more than 1 percent on Monday as surprisingly robust U.S. jobs data added to investor confidence about a turnaround in the world economy and bolstered the outlook for foreign fund investments.
Asian shares rose on Monday as surprisingly robust U.S. jobs data bolstered investors' risk appetite, but the euro sagged on worries over a lack of progress in Greek debt restructuring talks which are vital to containing the euro zone crisis.
Asian shares rose on Monday as surprisingly robust U.S. jobs data bolstered investor risk appetite, overshadowing worries about a lack of progress in Greek debt restructuring talks that are vital to containing the euro zone crisis.
Japan's Nikkei share average advanced to a three-month high on Monday as the U.S. economy showed further improvement with forecast-beating jobs data, boosting hopes for Japanese firms, which have disappointed in the latest quarterly earnings season.
Asian shares rose Monday as surprisingly robust U.S. jobs data bolstered investor risk appetite, overshadowing worries about a lack of progress in Greek debt restructuring talks that are vital to containing the euro zone debt crisis.
Gold fell 1 percent on Friday, its biggest one-day loss in over a month, after encouraging U.S. payrolls data smashed hopes of extra stimulus from the Federal Reserve, which had been priced into bullion's recent rally.
A surge in hiring in the world's largest economy last month drove the Nasdaq Composite Index to an 11-year high on Friday as optimism grew that the U.S. labor market is on a steady path to recovery.
A surge in hiring in the world's largest economy last month drove the Nasdaq to an 11-year high on Friday as optimism grew that the labor market is on a steady path to recovery.
