JOBS

Electronic Arts Inc posted a wider quarterly loss and said it would cut about 1,500 jobs, or about 17 percent of its workforce, in another round of restructuring for the video game publisher.

Sprint Nextel Corp is starting the process of eliminating up to 2,500 jobs in the current quarter in an effort to save at least $350 million annually, the company said on Monday.

U.S. President Barack Obama on Friday listed a range of fresh options being considered by the White House to spur growth after sobering news that unemployment spiked to a 26 1/2-year peak last month.

After much anticipation and buzz over it being the next iPhone Killer, Verizon officially launched its Motorola Droid in the US on Friday. The Droid, Motorola's most anticipated cellphone since the launch of the Razr in 2004, hit shelves at 2,000 Verizon Wireless stores around the nation today.

U.S. stocks ended slightly higher on Friday, shrugging off government data showing the unemployment rate rose to more than 10 percent.

U.S. stocks barely budged in a choppy trading session on Friday, lifted by several broker upgrades that offset disappointing data showing the unemployment rate rose to its highest in more than 26 years.

U.S. stocks were little changed in choppy trading on Friday as brokerage upgrades offset data showing the unemployment rate soared to 10.2 percent last month, its highest in more than 26 years.

For his role in turning Apple into a groundbreaking technology leader and the most valuable company in Silicon Valley, Fortune Magazine has named Steve Jobs its CEO of the Decade.

A jump in U.S. unemployment to 10.2 percent last month reflects the typical lag shown by the labor market as growth picks up, a top economic adviser to President Barack Obama said on Friday.

European shares turned negative in afternoon trade on Friday after data showed U.S. employers cut 190,000 jobs in October, more than expected and driving the unemployment rate to 10.2 percent, the highest in 26-1/2 years.

Gold held steady around $1,090 an ounce on Friday after its rally to a record high this week on anticipation of renewed central bank demand came to a halt, with investors looking to economic data for direction.

Britain's leading share index was up 0.2 percent approaching midday on Friday with a rally by banks offsetting weakness in oil majors in thin trade as investors await the key U.S. October jobs report.

Dear Sam: I have been employed with the same government agency for 16+ years. The last 7 years, I have also worked a part-time job as a gas station cashier. I am not getting any younger, and needless to say, I am very tired. The gas station is going to be cutting back on hours, since I am the oldest, and only able to work a few hours a week, guess who is being cut?

Microsoft announced 800 layoffs Wednesday, in what the company hopes will be the last in its recent series of job cuts.

Online job postings rose slightly in October, led by growth in health care and public companies, but the monthly employment gauge remained 20 percent below year-ago levels, a private research group said on Thursday.

U.S. clean energy legislation could help create 850,000 manufacturing jobs around the country, a report from a group representing business and environmental interests said on Wednesday.

Microsoft Corp said on Wednesday it is cutting a further 800 jobs across its operations, on top of 5,000 jobs already eliminated under a plan to reduce costs that was announced in January.

German Chancellor Angela Merkel agreed with Opel labour leader Klaus Franz on Wednesday that General Motors must present a plan for the European carmaker which focuses on job security, a government spokeswoman said.

Daimler plans to cut 1,000 jobs at its Mercedes-Benz Cars premium division by offering a variety of buyout packages to staff, the German carmaker said on Wednesday.

U.S. stock index futures rose on Wednesday on an upbeat forecast from carmaker Nissan and a rebound in European banks, ahead of jobs data and the Federal Reserve's statement on interest rates and the economy.

Stock index futures rose on Wednesday on an upbeat forecast from carmaker Nissan and a rebound in European banks, ahead of jobs data and the Federal Reserve's statement on interest rates and the economy.