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Panasonic to axe 35,000 jobs in cost-cutting drive

Japanese consumer electronics giant Panasonic Corp said it was planning 35,000 job cuts over three years to March 2013, nearly 10 percent of its workforce, in a bid to pare costs and keep up with Asian rivals.

Nokia axes 7,000 jobs to slash costs

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Nokia will axe 7,000 jobs and outsource its legacy Symbian activities to slash 1 billion euros ($1.46 billion) of costs as it struggles to compete in the fierce smartphone market.
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Nokia to cut 7,000 jobs, Accenture takes Symbian

Nokia <NOK1V.HE>, the world's largest phone maker by volume, will lay off 4,000 people and outsource another 3,000 to Accenture <ACN.N> as part of a plan to slash annual spending by 1 billion euros ($1.46 billion).
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Allied Irish loss soars to $15 billion, axes 2,000 jobs

Allied Irish Banks aimed to put the collective madness of a homegrown property bubble behind it on Tuesday with a jaw-dropping annual loss of 10.4 billion euros and a plan to axe over 2,000 jobs.
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Apple's Steve Jobs' life story due in 2012

Apple Inc CEO Steve Jobs will allow best-selling author Walter Isaacson, who chronicled the lives of Albert Einstein and Benjamin Franklin, to publish his biography next year.
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Unemployment strongly linked to higher mortality risk: study

A new research has found strong correlation between unemployment and mortality. The research by McGill Sociology Professor Eran Shor showed that unemployment increases the risk of premature mortality by 63 percent.
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April 3, thirty years of portable computing

Last April 3rd marked the passing of a milestone in computing that a majority of laptop users would not be aware of. It was the 30th anniversary of portable computing and what a ride it has been. Thirty years ago, Adam Osborne's name was a by-word in emerging personal computer communities. His name rang more bells than an upstart named Steve Jobs who chose to name his small computer company after a fruit and lent the same name, perhaps appropriately to his first product.
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World Market Overview 4/4/2011

U.S. stocks ended higher on Friday on strong jobs data. The Dow Jones industrial average gained 56.99 points, or 0.46 percent, to 12,376.72. The Standard & Poor's 500 advanced 6.58 points, or 0.50 percent, to 1,332.41. The Nasdaq Composite rose 8.53 points, or 0.31 percent, to 2,789.60.
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Oil jumps after choppy start eyeing jobs, dollar

Oil prices rose on Friday in volatile trading, as stronger-than-expected U.S. jobs data reinforced economic growth expectations but also the possibility it might trigger a pull back from loose monetary policy and strengthen the dollar.
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Stock index futures gain ahead of jobs data

Stock index futures pointed to gains on Friday, rebounding from the previous session's falls, as optimism gathered pace that a key labor market report will confirm the view that the economy was on a solid path to recovery.
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Global stocks up as euro weakens ahead of U.S. jobs data

World stocks rose and the euro weakened slightly against the dollar on the opening day of the second quarter, ahead of U.S. jobs data expected to give further impetus to those investors betting on improving world growth.
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Stocks up as euro weakens ahead of U.S. jobs data

World stocks rose and the euro weakened slightly against the dollar on the opening day of the second quarter, ahead of U.S. jobs data expected to give further impetus to those investors betting on improving world growth.
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Brent steady above $117, investors look to March jobs data

Brent crude was steady above $117, after earlier touching near a four-week high, as investors awaited an expected positive U.S. March payroll report due later on Friday for clues to demand prospects by the world's largest oil importer.
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Wall St flat as quarter ends, jobs report eyed

U.S. stocks were little changed on Thursday, the final day of the quarter, as jobless claims fell less than expected but didn't change optimism about Friday's U.S. payrolls report for March.
When is it Coming?

Apple iPhone 5: the Essential Guide

Theories abound as to what Apple is packing into its next generation smartphone and more importantly, when will it come out. We help you wade through the deluge of fact and fiction.

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