JOBS

Aetna Inc on Wednesday said it expects to eliminate roughly 1,250 jobs by the end of March 2010, reflecting weak economic conditions and the potential impact of health care reform.

U.S. carmaker General Motors could cut between 9,000 and 10,000 jobs as part of its restructuring of its European operations, Nick Reilly, interim head of GM's European business, said on Tuesday.

U.S. carmaker General Motors could cut between 9,000 and 10,000 jobs as part of a restructuring of its European operations, Nick Reilly, interim head of GM's European business, said on Tuesday.

Walt Disney Co stepped up an overhaul of its management by announcing that two top executives, its finance chief and the head of its parks division, will swap jobs at the end of this year.

Publisher Arnoldo Mondadori Editore SpA said on Thursday it saw no quick end to a slump in advertising which more than halved nine-month net profit and announced plans to cut its Italian staff by a fifth.

President Barack Obama, facing a 10.2 percent U.S. unemployment rate, will announce on Thursday plans for a jobs summit in December, an administration official said.

U.S. stock index futures briefly pared losses on Thursday after weekly jobless data showed the number of U.S. workers filing new benefit claims fell for the second week in a row.

Applied Materials Inc , the world's largest producer of chip-making gear, posted lower quarterly profit on Wednesday, but beat Wall Street estimates and said it planned to cut jobs globally.

Bailed-out British lender Lloyds Banking Group is to cut a further 5,000 jobs by the end of 2010 as it continues to overhaul its operations and integrate HBOS.

Bailed-out British lender Lloyds Banking Group is to cut a further 5,000 jobs by the end of 2010 as it continues to overhaul its operations and integrate HBOS.

Electronic Arts Inc posted a wider quarterly loss and said it would cut about 1,500 jobs, or about 17 percent of its workforce, in another round of restructuring for the video game publisher.

Sprint Nextel Corp is starting the process of eliminating up to 2,500 jobs in the current quarter in an effort to save at least $350 million annually, the company said on Monday.

U.S. President Barack Obama on Friday listed a range of fresh options being considered by the White House to spur growth after sobering news that unemployment spiked to a 26 1/2-year peak last month.

After much anticipation and buzz over it being the next iPhone Killer, Verizon officially launched its Motorola Droid in the US on Friday. The Droid, Motorola's most anticipated cellphone since the launch of the Razr in 2004, hit shelves at 2,000 Verizon Wireless stores around the nation today.

U.S. stocks ended slightly higher on Friday, shrugging off government data showing the unemployment rate rose to more than 10 percent.

U.S. stocks barely budged in a choppy trading session on Friday, lifted by several broker upgrades that offset disappointing data showing the unemployment rate rose to its highest in more than 26 years.

U.S. stocks were little changed in choppy trading on Friday as brokerage upgrades offset data showing the unemployment rate soared to 10.2 percent last month, its highest in more than 26 years.

For his role in turning Apple into a groundbreaking technology leader and the most valuable company in Silicon Valley, Fortune Magazine has named Steve Jobs its CEO of the Decade.

A jump in U.S. unemployment to 10.2 percent last month reflects the typical lag shown by the labor market as growth picks up, a top economic adviser to President Barack Obama said on Friday.

European shares turned negative in afternoon trade on Friday after data showed U.S. employers cut 190,000 jobs in October, more than expected and driving the unemployment rate to 10.2 percent, the highest in 26-1/2 years.

Gold held steady around $1,090 an ounce on Friday after its rally to a record high this week on anticipation of renewed central bank demand came to a halt, with investors looking to economic data for direction.