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Textron's Cessna to cut 1,300 jobs

Textron Inc's Cessna unit said it would cut another 1,300 jobs, underscoring the face of deteriorating demand for corporate aircraft and leaving the company with about half of its workforce remaining.

Talbots to cut more jobs

Talbots Inc posted a much narrower-than-expected loss on Tuesday, a day after the women's apparel retailer decided to sell its J.Jill division to Golden Gate, and said it would cut corporate headcount across all locations by about 20 percent.

NY sees clean energy creating up to 50,000 jobs

New York could create as many as 50,000 jobs by converting 45 percent of its electricity needs to renewable energy sources by 2015, Governor David Paterson said on Monday as he unveiled plans to reduce the state's reliance on Wall Street.

Apple unveils faster iPhone

Apple on Monday unveiled a new, faster iPhone and cut the price on its existing model to $99.

More news

Jobs may spark move in Apple shares on Monday

A surprise appearance by Apple Inc Chief Executive Steve Jobs at the company's annual developer conference could boost its stock on Monday, but his absence might trigger a bigger move in the other direction.

Obama: 600,000 jobs to be saved, created

President Barack Obama on Monday pledged to deliver or save more than 600,000 jobs through the $787 billion stimulus plan this summer.

Obama speeds projects to create, save 600,000 jobs

President Barack Obama said on Monday he expected to create or save 600,000 jobs over the next 100 days by expediting 10 major projects funded by a huge stimulus package that Congress passed in February.

High-earning green sector workers feel safe in jobs

The economic downturn has claimed the jobs of tens of millions worldwide but most in the thriving climate change sector feel just as safe in their jobs, if not more so, than they did a year ago, a new Reuters survey shows.

Recovery timing, jobs key for 2010 U.S. vote

The U.S. recession may be over before the year ends, but the initial stage of recovery could see few new jobs, potentially leaving the 2010 congressional elections wide open.

Wall Street ends flat on mixed jobs data

U.S. stocks flip-flopped throughout Friday's session, with the major indexes ending split as investors paused to consider conflicting signals in monthly U.S. jobs data.

Corrected: Wall Street ends flat on mixed jobs data

(Corrects to show Citigroup's exit from Dow occurs on Monday at start of trading and not after bell)

Wall Street ends flat after mixed jobs data

U.S. stocks flip-flopped throughout Friday's session, with the major indexes ending split as investors paused to consider conflicting signals in monthly U.S. jobs data.

Oil, global stocks gain on strong U.S. jobs data

Global stocks edged higher and the U.S. dollar gained against the euro and yen on Friday after the pace of U.S. job losses slowed sharply in May, adding to growing sentiment that the economic slowdown may be turning.

Stocks, oil, dollar rise after U.S. jobs data

World stocks extended gains on Friday, rising toward this week's 7-1/2 month high after better-than-expected U.S. employment data reinforced investors' hopes that the world's biggest economy has passed its worst.

Steve Jobs recovering nicely, $99 iPhone may come soon

Steve Jobs is on track to return to the helm of Apple this month after nearly six months of medical leave, according a report in The Wall Street Journal that cited unnamed sources.

Stocks, oil surge after U.S. jobs data

World stocks and oil prices extended gains and government bonds tumbled on Friday after closely-watched data showed the U.S. economy lost a fewer-than-expected 345,000 jobs in May.

Wall Street cuts gains as jobs optimism ebbs

U.S. stocks trimmed gains on Friday as investors wrestled with mixed news on the labor market, derailing an earlier bounce.

Oil falls back from $70 after U.S. jobs data

Oil hit a seven-month high above $70 per barrel on Friday after much better-than-expected U.S. employment data pushed stock markets higher.

Apple's Jobs ready to return from leave: report

Apple Inc CEO Steve Jobs is on track to return to the company from his medical leave of absence as planned, the Wall Street Journal reported, citing a person who had seen Jobs in recent weeks.

Stock futures rise ahead of jobs data

U.S. stock index futures pointed to a higher open on Friday as investors awaited key monthly data on the labor market.

Stock index futures rise ahead of jobs data

U.S. stock index futures pointed to a higher open on Friday as investors awaited key monthly data on the labor market.

Stocks, oil rise ahead of U.S. jobs data

World stocks rose toward this week's 7-1/2 month high on Friday as resource stocks rallied after oil prices surged past $69 a barrel and optimism grew about an improving U.S. labor market ahead of key jobs data.

Stock futures signal gains ahead of jobs data

U.S. stock index futures pointed to a higher open on Wall Street on Friday, ahead of key monthly jobs data.

U.S. stock futures signal gains ahead of jobs data

U.S. stock index futures pointed to a higher open on Wall Street on Friday, ahead of key monthly jobs data.

Asian shares, oil gain; focus on U.S. jobs data

Asian shares, oil and higher-yielding currencies rose on Friday as positive signals from the latest U.S. weekly job data sparked tentative optimism ahead of the crucial monthly employment report.

Asia shares, oil gain, but wary ahead of U.S. jobs

Asian shares, oil and higher-yielding currencies rose on Friday as hopes for a global economic recovery drove up appetite for riskier assets, but traders were cautious ahead of U.S. monthly job data.

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