Academy Award-winning actor George Clooney is reportedly up for a possible role depicting the late Apple co-founder Steve Jobs in an upcoming biographical film.
A top tech analyst is predicting that Amazon is likely to release its own smartphone for under $200 next year. Citigroup analyst Mark Mahaney said in a research note that Amazon may sell the smartphone for as little as $170. Citing supply-chain channel checks in Asia, he said Amazon may release its first-ever smartphone by the fourth quarter of 2012.
Wells Fargo & Co plans to cut technology and operations jobs by the end of this year as the bank tries to eliminate more than $1.5 billion of quarterly operating expenses.
For 70 raw, revealing minutes -- a year before his comeback at Apple -- Steve Jobs was captured on tape ... wry, emotional and bitter.
New U.S. claims for jobless benefits hit a seven-month low last week and permits for future home construction rebounded strongly in October, the latest data to suggest the economy was gaining traction.
A study analyzing the first three years of the Regional Greenhouse Gas Initiative predicts the program will add more than $1.6 billion in economic value to the 10 participating states while encouraging the development of clean energy sources.
Thousands of former MF Global Holdings Ltd customers may recover $520 million of cash held in their accounts by early next week, even as the bankrupt brokerage lays off more workers.
Banks are shedding jobs worldwide as stricter regulations and a tough six months for trading income take their toll on investment banking units.
Citigroup In c may cut slightly more than 3,000 jobs, becoming the latest U.S. bank to eliminate positions, a source familiar with the matter said.
Citigroup plans to cut approximately 3,000 jobs, or around one percent of its workforce, continuing a pattern of job cuts on Wall Street.
Apple elected Genentech CEO Arthur Levinson as its second Chairman, following the Oct. 5 death of Steve Jobs.
Wireless expert John Stanton revealed that Jobs explored the possibility of replacing carriers by establishing Apple's own Wi-Fi Network for the original iPhone, launched in 2007.
Citigroup In c is planning to cut as many as 900 jobs from its securities and banking division as it grapples with turmoil in equity and debt markets, the Wall Street Journal reported Tuesday.
Citigroup In c is planning to cut as many as 900 jobs from its securities and banking division as it grapples with turmoil in equity and debt markets, the Wall Street Journal reported Tuesday.
PSA Peugeot Citroen
plans to cut 5,000 jobs in France, an official from the CGT union said on Tuesday, suggesting a higher proportion of layoffs in the automaker's home country than previously disclosed.The pending deal would save workers at BAE’s plant in Warton in Lancashire.
Italian bank UniCredit is to ask shareholders for 7.5 billion euros ($10.3 billion) in new capital, cut 6,150 jobs and retreat from key business areas in a bid to repair its ravaged balance sheet and return to profit.
Italian bank UniCredit is to ask shareholders for 7.5 billion euros ($10.3 billion) in new capital, cut 6,150 jobs and retreat from key business areas in a bid to repair its ravaged balance sheet and return to profit.
Mizuho will cut 3,000 jobs as Japanese banks battle weak demand for credit at home and a tough global growth environment, which saw half-year profits at the lender and smaller rival Sumitomo Mitsui fall by a quarter.
Profits at Italian bank UniCredit have all but evaporated and capital has shrunk to dangerous levels, results due on Monday will show as the bank prepares a $10 billion rights issue and 5,000 job cuts to get back on track.
Christopher Paolini’s book tops Amazon Bestseller list.
As part of the restructuring related to the merger of its two banking units, Mizuho Financial Group Inc will cut 10 percent of its workforce, or 3,000 jobs, by end of fiscal 2015, The Nikkei said.
