General Motors plans to invest about $2 billion in U.S. assembly and component plants, creating or preserving more than 4,000 jobs at 17 facilities in eight states, the carmaker said in a statement.
Over the past decade, the number of middle class jobs has fallen by about ten percent. There is a reason for this. America is becoming poorer. The economic pie is shrinking. When we ship 40 to 50 billion dollars into the hands of foreigners every single month, that means that there is a lot less wealth for all of us to divide up.
Economists have become less optimistic about the U.S. growth outlook but slightly more upbeat about the job market, though employment is still seen recovering only slowly from a deep slump.
Finnish software firm Digia said it would cut up to 190 jobs due to restructuring at its major client Nokia.
Public services have been halted including trains, ferries and flights have been disrupted by the protests in Athens on Wednesday morning.
Herman Cain’s 5 step plan would boost the US economy and create jobs, according to Daniel Mitchell, an economists and senior fellow at the Cato Institute.
GM has announced that it will invest $2 billion in two years from now, creating or retaining 4,000 jobs.
Herman Cain is the new exciting Republican candidate in the 2012 presidential race. He has won several straw polls and the first debate among 2012 Republican candidates.
Led by Senator Al Franken, the Privacy and Technology Subcommittee of the Senate Judiciary grilled Google and Apple on privacy.
Job scarcity in some communities and a backlog of foreclosed properties continue to inhibit the U.S. economy's recovery, a top Fed official said on Tuesday.
General Motors (NYSE: GM) is planning to add or preserve about 4,200 jobs in eight states (including 2,000 in the Detroit area alone), according to a report in the Detroit Free Press newspaper.
Top U.S. dairy company Dean Foods Co said it has stepped up efforts to cut expenses and may continue to raise prices as it battles higher commodity costs and weak demand at its fresh dairy products business.
Japan’s finance minister Yoshihiko Noda said on Tuesday that the shutdown of the Hamaoka Power Plant for at least two years may result in job losses and affect the country’s already fragile economy.
Iconic and enigmatic tech visionary Steve Jobs is also a ‘corporate dictator’ who hates excuses from his senior executives, doesn't take kindly to any flop whatsoever and considers failure as anathema, according to new revelations.
The succession question at Apple has always been a trillion-dollar one, and markets have been on tenterhooks every time there was a new revelation -- truth or rumor -- about CEO Steve Jobs' health status. Now, there is somewhat conclusive evidence that the company is really looking up at the prospect of life without its iconic visionary leader. A Fortune magazine article written by Adam Lashinsky, excerpts of which have been published in various newspapers, says the company is offering traini...
Rumors have been circulating about the possible launch of a redesigned, and more importantly free, MobileMe service, but no one has forgotten the uneasy days when the service was launched in 2008. The launch of the revamped MobileMe, which was essentially an upgrade of a pre-existing service called .Mac, had invited disappointing media review, promoting Jobs to sternly castigate the product executives.
An unexpectedly strong report on U.S. payrolls helped equities bounce back on Friday from four days of losses, tempering worries that stocks could suffer
Today’s release of April’s jobs data was a real game changer for investor psychology.
Economists have varying estimates as to what levels of non-farm payrolls gains it takes to heal the jobs market. Their number is usually between 100,000 and 200,000 per month.
An unexpectedly strong report on U.S. payrolls propelled stocks higher on Friday for the first time this week, but indexes retreated from highs after speculation Greece might leave the euro zone.
An unexpectedly strong report on U.S. payrolls propelled stocks higher on Friday one day after a sell-off, but investors were wary that the market's months-long rally may be near a peak.
An unexpectedly strong U.S. payrolls report propelled stocks higher on Friday one day after a selloff, but investors were wary that the market's months-long rally may be near a peak.
