The U.S. private sector in April generated the most jobs since February 2006, but the jobless rate jumped back up to 9 percent from the previous month's 8.8 percent.
IBT Staff Reporter
May 06, 2011
The White House and Republicans agreed on Friday that jobs growth is not coming quickly enough despite the latest report showing that private sector jobs growth has continued to growth for the last 14 months.
IBT Staff Reporter
May 06, 2011
Oil prices seesawed on Friday turning positive on better than expected U.S. jobs data, which eased fears about global economic recovery that led to a 10-percent price crash the previous day.
IBT Staff Reporter
May 06, 2011
The latest jobs report released Friday was welcome news but nowhere close to where it should be thanks to tax uncertainty and spending plans being put forward by Democrats in the White House and the Senate, House Speaker John Boehner said.
IBT Staff Reporter
May 06, 2011
U.S. private employers added 179,000 jobs in April, coming in shy of economists' expectations, a report by a payrolls processor showed on Wednesday.
IBT Staff Reporter
May 04, 2011
Private employers added 179,000 jobs in April, while payrolls for March were revised up modestly, a report by a payrolls processor showed on Wednesday.
IBT Staff Reporter
May 04, 2011
U.S. stock index futures edged lower on Wednesday as investors awaited data on the services industry and labor market for insight into the health of the economic recovery.
IBT Staff Reporter
May 04, 2011
U.S. stock index futures edged lower on Wednesday as investors awaited data on the services industry and labor market for insight into the health of the economic recovery.
IBT Staff Reporter
May 04, 2011
Anheuser-Busch InBev
, the world's largest brewer, suffered a first drop in beer sales for a year and half as price hikes, rain in Brazil and high U.S. unemployment deterred drinkers.
IBT Staff Reporter
May 04, 2011
South Park does a satire of the Apple tracking controversy using the movie Human Centipede as a backdrop.
IBT Staff Reporter
Apr 28, 2011
Japanese consumer electronics giant Panasonic Corp said it would cut another 17,000 jobs and close up to 70 factories around the world over the next two years in a bid to pare costs and keep up with Asian rivals.
IBT Staff Reporter
Apr 28, 2011
Japanese consumer electronics giant Panasonic Corp said it would cut another 17,000 jobs, equal to 5 percent of its workforce, over the next two years in a bid to pare costs and keep up with Asian rivals.
IBT Staff Reporter
Apr 28, 2011
Japanese consumer electronics giant Panasonic Corp will slash 40,000 jobs over the next two years in a bid to pare costs and keep up with ever-tougher competition from Asian rivals, a source said on Thursday.
IBT Staff Reporter
Apr 28, 2011
Japanese consumer electronics giant Panasonic Corp will slash 40,000 jobs over the next two years in a bid to pare costs and keep up with ever-tougher competition from Asian rivals, a source said on Thursday.
IBT Staff Reporter
Apr 28, 2011
Japanese consumer electronics giant Panasonic Corp said it was planning 35,000 job cuts over three years to March 2013, nearly 10 percent of its workforce, in a bid to pare costs and keep up with Asian rivals.
IBT Staff Reporter
Apr 28, 2011
In an interview with Mobilized's Ina Fried, Jobs reiterated many of his company's previous denials.
IBT Staff Reporter
Apr 27, 2011
Nokia will axe 7,000 jobs and outsource its legacy Symbian activities to slash 1 billion euros ($1.46 billion) of costs as it struggles to compete in the fierce smartphone market.
IBT Staff Reporter
Apr 27, 2011
Nokia <NOK1V.HE>, the world's largest phone maker by volume, will lay off 4,000 people and outsource another 3,000 to Accenture <ACN.N> as part of a plan to slash annual spending by 1 billion euros ($1.46 billion).
IBT Staff Reporter
Apr 27, 2011
During Apple's first quarter 2011 earnings Wednesday, Apple Chief Operating Officer Tim Cook updated stockholders and analysts on the status of CEO Steve Jobs, who has been on a medical leave of absence since January.
IBT Staff Reporter
Apr 21, 2011
Minnesota Senator Al Franken has called out Apple after reports emerged that the company's products were keeping detailed records of the location data of their users.
IBT Staff Reporter
Apr 21, 2011
In a two-page letter sent to Apple CEO Steve Jobs, Franken discusses what he calls the worrisome existence of the iPhone's and iPad's extensive location data.
IBT Staff Reporter
Apr 21, 2011
A repeat of a corporate tax holiday that found little success in stimulating the economy in 2005 is still a long-shot to jump-start a stagnant U.S. economy, says a University of Illinois expert in corporate and international taxation.
IBT Staff Reporter
Apr 20, 2011
