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U.S. Job Market

Five Ideas to Create U.S. Jobs

The stark truth of the matter is that unless the private sector starts hiring en masse (including non-profit organizations), absent a surge in exports, it will be up to the public sector to provide stimulus to create jobs.
iPhone 5

Apple's iPhone 4S Finally Hits Indian Market

The iPhone 4S, the final gadget unveiled during Apple co-founder Steve Jobs' lifetime, hit Indian stores on Friday with a starting price of 44,500 rupees.
Nokia Siemens

Nokia Siemens to Slash 17,000 Jobs

The parent corporations are considering a public float of Nokia Siemens shares in order to dispose of the struggling subsidiary.
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Nokia Siemens to cut 17,000 jobs

Struggling telecoms gear maker Nokia Siemens Networks is to axe 17,000 jobs to help cut annual operating costs by around 1 billion euros ($1.35 billion).
Apple

Apple Wins 31 Patents, Including Crack-Proof Glass

Apple's legal success continues, as the company won a whopping 31 new patents with the U.S. Patent and Trademark Office. The patents range from inventions to strategic acquisitions.
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Tunisian defence, finance mins, cbank head keep jobs

Tunisia's Islamist-led ruling coalition will keep the country's ministers of defence and finance and the central bank governor in their posts when it announces a new government, a senior coalition source told Reuters on Monday.
Amazon CEO Bezos holds up the new Kindle Fire tablet at news conference in New York

Look Out Apple iPhone, Amazon May Produce Smartphone

A top tech analyst is predicting that Amazon is likely to release its own smartphone for under $200 next year. Citigroup analyst Mark Mahaney said in a research note that Amazon may sell the smartphone for as little as $170. Citing supply-chain channel checks in Asia, he said Amazon may release its first-ever smartphone by the fourth quarter of 2012.
Wells Fargo

Wells Fargo Cutting Technology Jobs in Cost Drive

Wells Fargo & Co plans to cut technology and operations jobs by the end of this year as the bank tries to eliminate more than $1.5 billion of quarterly operating expenses.
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Jobs, housing data bolster growth outlook

New U.S. claims for jobless benefits hit a seven-month low last week and permits for future home construction rebounded strongly in October, the latest data to suggest the economy was gaining traction.
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MF Global may return funds, cuts more jobs

Thousands of former MF Global Holdings Ltd customers may recover $520 million of cash held in their accounts by early next week, even as the bankrupt brokerage lays off more workers.
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Factbox: Banks to cut more than 120,000 jobs

Banks are shedding jobs worldwide as stricter regulations and a tough six months for trading income take their toll on investment banking units.
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Citigroup to cut jobs, total could top 3,000

Citigroup In c may cut slightly more than 3,000 jobs, becoming the latest U.S. bank to eliminate positions, a source familiar with the matter said.
Pedestrians walk past a Citibank branch in Washington

Citigroup to Slash up to 3,000 Jobs

Citigroup plans to cut approximately 3,000 jobs, or around one percent of its workforce, continuing a pattern of job cuts on Wall Street.
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Citigroup May Cut up to 3,000 Jobs: Report

Citigroup In c is planning to cut as many as 900 jobs from its securities and banking division as it grapples with turmoil in equity and debt markets, the Wall Street Journal reported Tuesday.
International Business Times Logo

Citigroup could cut up to 3,000 jobs: report

Citigroup In c is planning to cut as many as 900 jobs from its securities and banking division as it grapples with turmoil in equity and debt markets, the Wall Street Journal reported Tuesday.

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