JOBS

Sony to axe 10,000 jobs in turnaround bid: Nikkei

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Japan's Sony Corp is cutting 10,000 jobs, about 6 percent of its global workforce, the Nikkei newspaper reported on Monday, as new CEO Kazuo Hirai looks to steer the electronics and entertainment giant back to profit after four years in the red.

Sony Slashes 10,000 Jobs: What CEO Hirai Can Learn From Apple

Sony doubled its annual losses projection to $6.4 billion on Tuesday, just one day after the company announced it will cut about 10,000 jobs, or about six percent of its global workforce. CEO Kazuo Hirai needs to take a big look at his board of directors
Sony will cut about 10,000 jobs, which equates to about six percent of its global workforce, by the end of the year. The move comes after an extremely poor annual forecast and the hiring of a new CEO, Kazuo Hirai, who looks to get profit out of the red for the first time in four years.
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Wall St slides after weak jobs data

Major stock indexes fell more than 1 percent in early trading on Monday, weighed by growth-related sectors, after last week's much weaker-than-expected report on March U.S. job creation.
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Jobs recovery suffers setback in March

Employers hired far fewer workers in March than in previous months, keeping the door open for the Federal Reserve to provide more monetary support for a still sluggish economy.
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U.S. online jobs index flat at 143 in March

A monthly gauge of online labor demand in the United States held steady in March, with transportation and retail registering strong growth, the operator of a job search website said on Friday.
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After Jobs Act, Case turns focus to immigration

As he gathers with other movers and shakers at the White House on Thursday afternoon to witness President Barack Obama's signing of the Jobs Act, AOL Inc co-founder Steve Case is already thinking ahead to the next cause he can help champion behind the scenes: immigration reform.
US Job Market

US Jobless Claims Fall To 357,000 - Lowest Level In 4 Years

Claims for jobless benefits fell to 357,000 last week, building up toward a solid March nonfarm payroll report that is scheduled to come out on Friday. Some economists though still fear that the improvement in the U.S. economy seen so far this year could be just another false start.
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Wall Street Stock To Open Lower Despite Jobs Data

Wall Street stocks were looked likely to open lower open on Wednesday, despite good private sector payrolls data, as investors digested minutes from the latest Federal Reserve meeting published Tuesday suggesting further monetary stimulus action is unlikely.
File photo of a man looking at employment opportunities at a jobs center in San Francisco

US Employers Created 209,000 Jobs Last Month: ADP

U.S. employers created 209,000 jobs in March, slightly more than analysts expected but less than the previous month's figure, a report from Automatic Data Processing Inc., a private payrolls processor showed, on Wednesday.
Model-turned-actor Ashton Kutcher will play late Apple founder Steve Jobs in a new independent movie chronicling the life of the genius hippie-turned-entrepreneur who put a "ding" in the universe. The casting looks right, but it isn't.

April Fools? Why Ashton Kutcher As Steve Jobs Is A Bad Joke

When Variety reported on Apr. 1 that Ashton Kutcher would play Steve Jobs in a new biopic, it sounded like a perfect April Fools joke. But nope, this is no joke. Kutcher will in fact play Jobs in a new independent movie chronicling the life of the genius hippie-turned-entrepreneur who put a ding in the universe.
Tim Cook(L) and Steve Jobs

Tim Cook Beats Steve Jobs in Popularity Among Apple Employees: Why?

Hardly 7 months have passed when Tim Cook took the post of CEO at Apple Inc. and now he has gained the top spot on top 25 Highest Rated Tech CEOs of 2012 ranking list. Tim Cook received the hottest spotlight within a few months, while it took years for Steve Jobs become so popular.
U.S. Economy

US Economy In Early 2012 - Has The Renewal Begun?

In a sense, a controversial radio talk show host, and former Fox News commentator, had it right: The United States could be headed for a major period of social unrest -- or worse -- but not for the reasons he stated.
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Best Buy sales disappoint, to cut stores, jobs

Best Buy Co Inc reported weaker-than-expected sales for the fourth quarter on Thursday, and said it has decided to close 50 big-box stores and to cut 400 jobs in corporate and support areas.
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US Futures Down Ahead of GDP, Jobs Data

Futures on major US stock indices point to a lower opening on Thursday ahead of economic data including final estimates for fourth quarter GDP and initial jobless claims.
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Goldman board meets in India amid talk of splitting top jobs

Half a world away from Wall Street, the board of directors of embattled Goldman Sachs Group Inc were meeting in India amid reports that senior executives have talked about splitting the roles of chief executive and chairman, both held now by Lloyd Blankfein.

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