JOBS

The sluggish pace of hiring may be hobbling the economy, but it's not been holding back big U.S. companies' profits thanks to growth overseas and cost controls at home. And that's bad news for the more than 14 million Americans without jobs.

Trashing talk that some members of the Apple board have conducted discussions on CEO succession plans with executive head hunters, Apple CEO Steve Jobs said the rumors are mere 'hogwash'.

A future without genius/icon chief executive Steve Jobs at the helm of Apple Inc. (Nasdaq: AAPL)?

Given Jobs’ history of medical issues, and the lack of an explicit successor, there are some concerns about the future of Apple – despite its immense success and market domination.

Apple is hoarding record amounts of cash, currently holding $76 billion. But the company has not historically made big acquisitions. CEO Steve Jobs says Apple is merely keeping its "powder dry" for strategic opportunities in the future.

The Chinese are recognized world wide for their skill of producing stylish counterfeit designer bags and sunglasses but who would have imagined a fake Apple Store equipped with a 'genius bar', spiral staircase and Apple Store trademark wall to wall glass windows? You don't need to. An expat stumbled into three in China's southwest providence of Kunming.

Technology giant Apple Inc’s (AAPL) third quarter earnings and revenue beat Wall Street expectations, led by blockbuster sales of its hot iPhones and iPads.

The patent battle Apple has engaged with Android OEMs (Original Equipment Manufacturer) can have extremely grave consequences including ban on the disputed Android products, which could mean anything between a complete wipe-out to decreased US market share, to the Google's mega-hit mobile OS.

Google's Android Operating System is in serious trouble with the ITC ruling which says Android-run HTC devices infringe two of ten Apple patents in an initial determination by an administrative law judge (ALJ). These determinations will undergo review by the six-member Commission, the highest decision-making body at the ITC, to reach the final decision, with the target date of the final Commission decision set for December 6, 2011.

UBS is set to cut around 5,000 jobs to save 1 billion Swiss francs ($1.20 billion) while rival Credit Suisse is planning to axe about 1,000 staff, Swiss newspapers reported on Thursday.

Federal Reserve Chairman Ben Bernanke goes to Capitol Hill on Wednesday to testify about the sputtering U.S. recovery, but may have to spend much of his time convincing a stubborn Congress to raise the debt ceiling.

Networking equipment company Cisco Systems Inc could eliminate as many as 10,000 jobs, or about 14 percent of its workforce, to revive profit growth, Bloomberg said, citing two people familiar with the matter.

Cisco Systems Inc may cut nearly 10,000 jobs, about 14 percent of the company’s workforce, in an attempt to restore the growth in profit.

New businesses are starting leaner and with fewer employees than was the case in the past, an independent study showed on Monday, suggesting that the pace of job creation will remain frustratingly slow.

U.S. policymakers seeking an answer to the country's stubbornly high unemployment rate should not expect relief from small businesses, said a survey released on Monday by a powerful business lobbying group.

Unconventional economic times require unconventional answers, and awhile back an economist proposed one to create jobs: have the U.S. Government distribute a $3,000 gift card to every American over age 16.

Cutting federal spending in 2011 could tip the U.S. economy back into a recession, just as it almost did in 1937. On the contrary, if the federal government spent more on infrastructure/public works projects it would create many jobs, and achieve great things, like the construction of the Empire State Building in the 1930s and 1 World Trade Center today.

Dismal unemployment figures on Friday complicated efforts to avert a looming U.S. debt default, and a top Republican said negotiators were not close to a deal that would ensure continued borrowing.

U.S. state and local governments cut thousands of jobs in June, pushing their payrolls down to the lowest in five years, according to Labor Department data released on Friday, and analysts do not expect the losses to end any time soon.

The June jobs report was horrible. The US economy only added 18,000 jobs, the lowest in 9 months, and the unemployment rate climbed to 9.2 percent.

Stocks fell on Friday as a weak jobs report dashed optimism that the economy was emerging from a soft patch, leaving investors to hope earnings season would revive an appetite for buying.