Articles by Joseph Boris
Kazuo Hirai

Sony To Cut 10,000 Jobs As Part Of New CEO's Overhaul

About half the cuts will come from two moves the Japanese electronics and entertainment giant already announced -- the sale of its chemical-products business and the spinoff of midsize liquid-crystal-display operations to a venture with rivals Toshiba Corp. and Hitachi Ltd.

US Stock Futures Signal Early Gains; ISM, Construction Data Eyed

Friday, the Dow gained 66.22 points, or 0.50 percent, to 13,212.04 at the close. The S&P 500 Index gained 5.19 points, or 0.37 percent, to 1,408.47, while the Nasdaq Composite dipped 3.79 points, or 0.12 percent, to 3,091.57. The uptick capped U.S. stocks' strongest quarter in more than two years.
Sign shows address of Goldman Sachs headquarters building in New York

Goldman Sachs CEO Fires Back At Disgruntled Banker

In a resignation letter published in the New York Times, Greg Smith said he was disgusted at how the Wall Street firm valued making money from clients over trying to help them. But Goldman and its chief executive said the ex-executive's criticisms weren't reflective of the firm.

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