Stocks rose slightly on Thursday as investors focused on stronger-than-expected sales by key retailers in August, offsetting weak labor-market data.
A monthly gauge of U.S. online labor demand soared in August at its fastest pace in four years, indicating steadier footing for nationwide labor demand, a private research group said on Thursday.
Diversified U.S. manufacturer Danaher Corp on Wednesday announced two deals to expand its life sciences specialty instruments business, while saying it plans to cut more jobs as it accelerates its restructuring.
U.S. copper futures slumped to a 1-1/2 week low Wednesday morning, as further losses in global equity markets overnight continued to undermine confidence in the economic recovery and weak U.S. jobs data added to the weight of the move.
Stock index futures pointed to a lower open on Wall Street on Wednesday after a private jobs report added to investor concerns over the direction of the economy and indicated more losses after a three-day slump.
U.S. private employers cut 298,000 jobs in August, fewer than a revised 360,000 jobs lost in July, a report by a private employment service said on Wednesday.
Stock index futures were flat on Wednesday ahead of private labor market data seen as a precursor to a key government monthly jobs report later in the week, which investors will keenly await after a three-day slide in stocks.
AMR Corp's American Airlines said on Tuesday it would cut 921 flight attendant jobs, part of a previously announced capacity cut as the industry struggles with flagging demand.
South African paper maker Sappi said on Monday it has begun cost-reduction talks at three of its kraft and fine paper mills in South Africa, which may impact 400 staff.
The last week of summer could prove to be anything but relaxing for stock investors worried about the economy, with the crucial August jobs report on the agenda.
The last week of summer could prove to be anything but relaxing for stock investors worried about the economy, with the crucial August jobs report on the agenda.
Whirlpool Corp plans to shut a plant in Evansville, Indiana and move some production to Mexico next year, a change that will eliminate about 1.6 percent of the world's biggest appliance maker's workforce.
Whirlpool Corp plans to shut a manufacturing facility in Evansville, Indiana, and move some production to Mexico next year, a change that will eliminate about 1.6 percent of its workforce.
With the U.S. economy mired in recession, workers are finding themselves stuck in bad jobs with such annoyances as managers who berate employees and bosses who hold meetings in bed.
NEW YORK - Stock index futures were little changed on Thursday ahead of data expected to show that the U.S. economy shrank further in the second quarter and the number of jobless claims improved slightly.
Stock index futures edged lower on Thursday ahead of data expected to show that the U.S. economy shrank in the second quarter while the number of jobless claims improved slightly.
Germany's Linde (LING.DE) will cut up 8 percent of its workforce in Germany as part of a cost-savings programme to help weather the financial crisis, a source familiar with the matter told Reuters on Tuesday.
Britain's Lloyds Banking Group (LLOY.L), 43 percent owned by the UK government, will cut 200 jobs in its general insurance division by the end of January in a shake-up of back office functions, the bank said on Tuesday.
Workers at a crisis-hit boiler factory in France have stripped off for a nude calendar in a bid to save 204 jobs slated for redundancy.
While businesses across the United States slash jobs, state and local governments have actually increased employment slightly since the economic recession began in December 2007, according to a report released on Thursday.
Apple Inc. CEO Steve Jobs was reportedly rejected two years ago by former Palm Inc. CEO Ed Colligan when he asked for an agreement between the two companies that required them to not poach each other's workers.
Stock index futures briefly turned negative on Thursday after weekly data showed an unexpected rise in first-time claims for jobless benefits.