JOBS

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PepsiCo to cut 8,700 jobs, invest in brands

PepsiCo Inc expects to cut 8,700 jobs as part of a plan to save an extra $1.5 billion over the next three years, as it invests more money in marketing and advertising its brands.

Jobless Claims Fall 15,000 to 358,000

Jobless Claims
New claims for unemployment benefits unexpectedly fell last week, a government report showed on Thursday, providing further evidence the U.S. labor market was gaining traction.
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Picture shows Nokia mobile phone at a shop in Warsaw

Nokia Plans to Cut 4,000 More Jobs

Struggling Finnish phone maker Nokia plans to cut 4,000 more jobs at its plants in Finland, Hungary and Mexico as it seeks to cut costs by moving smartphone assembly work to Asia.
BSE Sensex

BSE Sensex Rises for Fifth Straight Session

The BSE Sensex rose for the fifth straight session on Monday, ending 0.58 percent higher, after last week's robust U.S. jobs data helped improve risk appetite, but the rally in the local market is expected to take a breather soon.
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Asian stocks rise, U.S. jobs gain outweighs Greece

Asian shares rose on Monday as surprisingly robust U.S. jobs data bolstered investors' risk appetite, but the euro sagged on worries over a lack of progress in Greek debt restructuring talks which are vital to containing the euro zone crisis.
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Asian stocks rise as U.S. jobs gain outweighs fears

Asian shares rose on Monday as surprisingly robust U.S. jobs data bolstered investor risk appetite, overshadowing worries about a lack of progress in Greek debt restructuring talks that are vital to containing the euro zone crisis.
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U.S. Jobs Report Lifts Nikkei to 3-Month High

Japan's Nikkei share average advanced to a three-month high on Monday as the U.S. economy showed further improvement with forecast-beating jobs data, boosting hopes for Japanese firms, which have disappointed in the latest quarterly earnings season.
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Gold Dips 1% on U.S. Jobs Data, Posts Small Weekly Drop

Gold fell 1 percent on Friday, its biggest one-day loss in over a month, after encouraging U.S. payrolls data smashed hopes of extra stimulus from the Federal Reserve, which had been priced into bullion's recent rally.
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Nasdaq at 11-year high after jobs report

A surge in hiring in the world's largest economy last month drove stocks higher on Friday, with the Nasdaq hitting an 11-year high as optimism grew that the labor market is on a steady path to recovery.
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Strong jobs report pushes Nasdaq to 11-year high

Stocks rose on Friday, propelling the Nasdaq index to an 11-year high, after January's U.S. employment report sailed past expectations, boosting hopes the world's largest economy has turned a corner.
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Jobs strength lifts Nasdaq to 11-year high

A surge in hiring last month lifted U.S. stocks on Friday, with the Nasdaq index hitting an 11-year high, as the data boosted hopes the world's largest economy has turned a corner.
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Steve Jobs Ad: Why He’d Hate Android Commercial

Steve Jobs spent most of his life scoffing products that weren't created by the company he founded, but in a new Taiwanese commercial for an Android device, he's seen coveting a tablet PC other than the iPad.
U.S. Job Market

U.S. Jobs Report: A Step Forward for Economy, Job Seekers

View the January jobs report as just that: one month of strong job growth. Regarding the issues of whether the great American job machine has finally kicked into gear and American voters' stance toward incumbents, including President Barack Obama, the operative phrase is, it's too soon to tell.
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Nervous markets eye U.S. jobs report, Greece

Caution ahead of U.S. jobs numbers kept a lid on gains for stock markets on Friday after an optimistic start to the year that has added more than 7 percent to global company values.

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