Bank of America tried to grow at the peak of the U.S. financial disaster several years ago, acquiring Countrywide Mortgage and Merrill Lynch, the investment bank, but now the Charlotte, N.C.-based company is destined to shrink. The company disclosed plans on Monday to cut 30,000 jobs, as the nation's largest bank tries to cut costs as the U.S. economy continues in a slow-growth, high unemployment mode.
David Magee
Sep 12, 2011
In 2010, House Republicans campaigned on job creation.Therefore, roughly a year into their leadership, Americans can rightfully ask: where are the jobs?
Joseph Lazzaro
Sep 12, 2011
Will the Tea Party faction-dominated Republican Party try to find common ground with President Barack Obama and pass a much-needed jobs bill?
Jeremy White
Sep 12, 2011
With Tim Cook taking over the role of Steve Jobs the question raised is whether he can fill the shoes properly. Certainly he can if he is capable of focusing on the below five dimensions of being an excellent effectual entrepreneur.
Bhaskar Prasad
Sep 12, 2011
It's been overlooked -- it's received very little coverage by the popular press -- but it's worth repeating: one benefit of the 2010 U.S. health care reform legislation will be: enhanced job mobility.
Joseph Lazzaro
Sep 11, 2011
CBS News reportedly ended its relationship with both What's Trending, the site that issued the erroneous tweet, and the celebrity blogger who produced it.
Laura Matthews
Sep 10, 2011
More than 31 million Americans watched President Barack Obama deliver his agenda for creating jobs in a speech broadcast live on television, ratings data showed on Friday.
IBT Staff Reporter
Sep 09, 2011
A false tweet on a CBS Twitter account briefly reported Friday that Steve Jobs had died.
Elisha Maldonado
Sep 09, 2011
President Barack Obama began an uphill battle on Friday for support for a $447 billion jobs plan he hopes will rescue a faltering economy and his own re-election prospects.
IBT Staff Reporter
Sep 09, 2011
* THE ISSUE: President Barack Obama called on Congress late Thursday to pass a $447 billion package of spending initiatives and tax cuts to boost economic growth and generate jobs. Here are several investment ideas based on his proposals.
IBT Staff Reporter
Sep 09, 2011
Investors are likely skeptical about the efficacy of Obama’s jobs program and whether or not such a massive scheme would pass Congress.
Palash Ghosh
Sep 09, 2011
Treasury Secretary Timothy Geithner said on Friday that the Obama administration's new jobs bill, if passed by Congress, would have a substantial positive impact on the U.S. economy.
IBT Staff Reporter
Sep 09, 2011
President Barack Obama, seeking to rescue a faltering U.S. economy and his own re-election prospects, began an uphill battle on Friday to win Republican support for a $447 billion jobs plan.
IBT Staff Reporter
Sep 09, 2011
President Barack Obama's freshly unveiled $447 billion jobs plan would substantially boost the economy by creating 1.9 million payroll jobs and growing the U.S. economy 2 percent, Moody's Analytics Chief Economist Mark Zandi said.
Jeremy White
Sep 09, 2011
President Barack Obama, seeking to rescue a faltering economy and his own re-election prospects, began an uphill battle on Friday to win Republican support for a $447 billion jobs plan.
IBT Staff Reporter
Sep 09, 2011
Republicans vying for GOP nomination wasted no time in criticizing President Barack Obama's jobs speech, and they weren't bashful.
Jeremy White
Sep 09, 2011
Stock index futures fell on Friday as investors remained skeptical about how much of President Barack Obama's $447 billion proposal to generate U.S. jobs would make it through Congress.
IBT Staff Reporter
Sep 09, 2011
President Barack Obama, seeking to rescue the troubled U.S. economy and his own prospects for re-election, embarks on an uphill battle on Friday to win Republican support for a make-or-break $447 billion jobs plan.
IBT Staff Reporter
Sep 09, 2011
In statements issued after President Obama's jobs speech on Thursday night, Republican leaders struck a note very different from the uncompromising, line-in-the-sand rhetoric that has been dominating political discourse. Criticisms of Obama and fundamental differences of opinion were still evident, but there were also gestures toward conciliation and compromise.
IBT Staff Reporter
Sep 09, 2011
Obama laid out an ambitious $450 billion package of spending plans and tax cuts designed to stimulate the economy and create badly needed jobs.
Palash Ghosh
Sep 09, 2011
Apple’s share of the global Smartphone market is projected to reach 22 percent in 2012.
Palash Ghosh
Sep 09, 2011
President Barack Obama made a savvy play with his jobs speech proposal, if one considers his personal political hide. America's unemployment problem has gone on too long, and the nation is looking to Washington, and the president, to do something about it. So he drew up a economic plan that has a big price tag -- $447 billion -- urging Republicans and Congress to act immediately on it.
David Magee
Sep 09, 2011
