A Thomas Weisel analyst Doug Reid has raised his price target for Apple stock, raising it from $180 to $210.
IBT Staff Reporter
Sep 28, 2009
Apple announced Monday that over 2 billion apps have been downloaded from its App Store since the e-commerce site's launch in July 2008, and the pace continues to accelerate, according to chief executive Steve Jobs.
IBT Staff Reporter
Sep 28, 2009
The rally in U.S. stocks, which stumbled in recent days on worries about the economic recovery and continued government stimulus, will be tested this week by crucial data on growth and jobs.
IBT Staff Reporter
Sep 27, 2009
Hyatt Hotels Corp said on Friday that nearly 100 housekeeping workers laid off in August will be offered new full-time jobs in the Boston market.
IBT Staff Reporter
Sep 26, 2009
U.S. stock index futures were flat on Thursday as investors awaited data on home sales and jobless claims for an indication of the state of the economy following a sharp sell-off in the last session.
IBT Staff Reporter
Sep 24, 2009
General Motors Co said on Tuesday it planned to restore about 3,000 jobs at U.S. assembly plants and related facilities and is getting set to raise North American production by up to 45 percent next year.
IBT Staff Reporter
Sep 23, 2009
Regional appliance and electronics retailer hhgregg Inc said it will add 800 seasonal jobs at 117 of its stores to help cope with increased customer traffic during the holiday season.
IBT Staff Reporter
Sep 23, 2009
Swiss bank UBS AG, which suffered massive client withdrawals after a high-profile U.S. tax fraud probe, has cut around 200 jobs at its U.S. wealth management arm, sources familiar with the matter told Reuters.
IBT Staff Reporter
Sep 23, 2009
Swiss bank UBS AG, which suffered massive client withdrawals after a high-profile U.S. tax fraud probe, has cut around 200 jobs at its U.S. wealth management arm, sources familiar with the matter told Reuters.
IBT Staff Reporter
Sep 23, 2009
President Barack Obama in an interview aired Sunday said all signs point to the U.S. economy starting to grow again but there may not be enough new jobs created until next year.
IBT Staff Reporter
Sep 20, 2009
Magyar Telekom will lay off 400 workers at a cost of about 7 billion forints ($37.04 million) in severance payments, the brunt of which it expects to incur in the fourth quarter, the company said on Wednesday.
IBT Staff Reporter
Sep 16, 2009
The economic downturn will likely cost as many as 25 million people their jobs by end-2010 as the unemployment rate nears a record 10 percent in the OECD group of countries, according to a report released on Wednesday.
IBT Staff Reporter
Sep 16, 2009
Trade unions urged G20 leaders on Wednesday to respond decisively to the specter of 59 million job losses and slammed banks for awarding bonuses worth more than 20 percent of the taxpayer money spent bailing them out.
IBT Staff Reporter
Sep 16, 2009
The economic downturn will likely cost as many as 25 million people their jobs by end-2010 as the unemployment rate nears a record 10 percent in the OECD group of countries, according to a report released on Wednesday.
IBT Staff Reporter
Sep 16, 2009
Trade policies pursued by President Barack Obama and the Democratic-controlled Congress since the start of the year could lead to the loss of 585,800 U.S. jobs, a study said on Tuesday.
IBT Staff Reporter
Sep 15, 2009
Trade policies pursued by President Barack Obama and the Democratic-controlled Congress since the start of the year could lead to the loss of 585,800 U.S. jobs, a study said on Tuesday.
IBT Staff Reporter
Sep 15, 2009
Trade policies pursued by President Barack Obama and the Democratic-controlled Congress since the start of the year could lead to the loss of 585,800 U.S. jobs, a study said on Tuesday.
IBT Staff Reporter
Sep 15, 2009
AvtoVAZ (AVAZ.MM), Russia's largest carmaker, said on Monday it would cut 5,000 jobs from a workforce that has already protested against cutbacks.
IBT Staff Reporter
Sep 14, 2009
The management of AvtoVAZ (AVAZ.MM), Russia's largest car maker, has signed an order to cut 5,000 jobs starting from Dec. 14, two sources close to the company said on Monday.
IBT Staff Reporter
Sep 14, 2009
Eli Lilly and Co said on Monday it plans to cut 5,500 jobs, or 13.5 percent of its workforce, as it girds for generic competition by 2011 on its Zyprexa schizophrenia drug and Gemzar cancer treatment.
IBT Staff Reporter
Sep 14, 2009
Moves to save jobs and sites at carmaker Opel when a group led by Canada's Magna International takes control continued on Sunday.
IBT Staff Reporter
Sep 13, 2009
The White House Council of Economic Advisers said in a report on Thursday that the $787 billion stimulus package enacted earlier this year had created as many as 1.1 million jobs by the third quarter.
IBT Staff Reporter
Sep 10, 2009