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Stock futures rise ahead of jobs data, Fed statement

Stock index futures rose on Wednesday ahead of key jobs and services sector data, with investors also eyeing the Federal Reserve's statement on interest rates and the economy.

Daily Wrap Up - Nov 3

The board of General Motors Co has opted to keep Opel, undoing months of painstaking negotiations to sell the European unit to a Russian-backed group led by Canada's Magna.

J&J to slash 7,000 to 8,000 jobs

Johnson & Johnson plans to cut up to 7 percent of its workforce in order to generate cost savings needed to finance increasingly costly drug research and to weather future challenges, the diversified healthcare company said on Tuesday.

J&J to cut 7,000 to 8,000 jobs

Johnson & Johnson will eliminate about 6 percent to 7 percent of its global workforce, or some 7,000 to 8,000 positions, as the diversified healthcare company restructures and seeks cost savings, the company said on Tuesday.

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NYC sees economic gold in green jobs

Recession-stricken New York City plans to double its current green work force by creating over 13,000 new jobs in the next decade, partly by competing with London to become the new center for carbon trading, a city official said on Wednesday.

Firms, workers differ on why people stay in jobs

Employers and employees have dramatically different opinions of why workers remain in their jobs, says research released on Tuesday showing U.S. companies may struggle to retain employees in an improved job market.

New York Times to cut 100 newsroom jobs

The New York Times said on Monday it would cut 100 newsroom jobs through buyouts or layoffs as it tries to counter lost advertising revenue.

White House says stimulus saving education jobs

The Obama administration said on Monday its economic stimulus had saved or created 250,000 education jobs, as it sought to push back against Republicans who contend the package was wasteful and had not worked.

Sorry, no jobs. This is California

If you're looking for work, don't look in California.

Union reaches deal to save jobs at GM plants in Britain

The Unite trade union said on Tuesday it had struck a deal to secure the future of GM Opel car plants in Britain after the planned sale of the carmaker, which makes Vauxhall cars in the UK, to Canada's Magna (MGa.TO).

Asia shares rise, Aussie dollar surges on jobs data

Asian shares rose on Thursday as surprisingly strong Australian jobs data raised hopes for a stronger global economic recovery and pushed the Aussie and New Zealand currencies to fresh 14-month highs, while gold hit another record.

Asia shares rise, Aussie dollar jumps on jobs data

Asian shares rose on Thursday while surprisingly strong Australian jobs data pushed the Aussie and New Zealand currencies to fresh 14-month peaks and gold hit another record as the U.S. dollar continued to struggle.

Jobs lost in recession recovered by 2013: JPMorgan Economists

The number of jobs lost in the current recession won't be recovered until 2013, according to a better-than-consensus economic growth forecast by economists at JPMorgan Chase & Co.

Weak U.S. jobs data weighs on dollar; stocks steady

The dollar fell and Asian stocks steadied near three-week lows on Monday after weaker-than-expected U.S. jobs data heightened investor caution ahead of the third-quarter corporate results season.

Wall Street dips on weak jobs, factory data

Stocks fell for the fourth straight day on Friday as weak jobs data gave more evidence the economic recovery would be less robust than expected.

Wall Street flat as jobs data offset by tech, banks

U.S. stocks were little changed on Friday and on track for their second straight week of losses as disappointment over weak jobs data waned and as brokers' positive comments lifted technology and financial companies.

IMF chief: sustained stimulus needed to save jobs

IMF chief Dominique Strauss-Kahn said on Friday that government stimulus was still needed to prop up the global economy because of rising unemployment and a still-damaged financial sector.

European shares hit 4-week low before US jobs data

European shares hit a four-week low on Friday, extending the previous day's sharp losses, with investors anxious before key U.S. jobs figures after data this week raised doubt about the strength of economic recovery.

FTSE down 0.9 pct by midday, U.S. jobs data eyed

Weakness in miners and financials dragged Britain's top share index 0.9 percent lower by midday on Friday, as weak data this week increased investors' concerns, denting risky assets ahead of U.S. non-farm payrolls data.

Wall Street falls sharply after factory, jobs data

U.S. stocks fell on Thursday as data on jobs and manufacturing data added to recent lackluster economic figures, fueling fears about the recovery's strength.

Factory, jobs data sends Wall St lower

U.S. stocks dropped on Thursday after the latest jobs and manufacturing data extended a string of lackluster economic figures and raised concerns about the strength of the economic recovery.

Wall Street down after factory, jobs data disappoint

U.S. stocks dipped more than 1 percent on Thursday after the latest jobs and manufacturing data sparked worries about the pace of economic recovery, with technology shares leading losses.

Wall Street set for lower open after jobs data

Wall Street was set to open lower on Thursday as weaker-than-expected jobs data prompted more investors to consolidate gains after a strong third quarter.

Monster U.S. online jobs index down in September

A monthly gauge of online labor demand in the United States dipped slightly in September, as employers remained wary despite signs of economic recovery, a private research group said on Thursday.

Obama announces $5 billion for new healthcare jobs

U.S. President Barack Obama announced a plan on Wednesday to spend $5 billion to create new jobs for medical and scientific research, medical supplies and improved laboratory capacity.

U.S. Q2 GDP shrinks less, private jobs fall in Sept

The U.S. economy contracted at slower pace than previously thought in the second quarter, but a further decline in private payrolls in September was another indication that recovery from recession would be patchy.

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