Lowe's laying off about 1,700 managers
Lowe's Cos Inc is laying off about 1,700 middle managers across the United States, the country's second-largest home-improvement chain said.
US top court upholds anti-bias law protections
The U.S. Supreme Court ruled on Monday that a federal law barring retaliation against a worker for complaints about on-the-job discrimination also protected the employee's relative from unlawful dismissal.
Regis Philbin quit over pay dispute
Regis Philbin's decision to “retire” from his television show “Live! With Regis & Kelly” was apparently prompted by financial issues, not by his advanced age.
Immelt’s appointment has labor leaders concerned
Jeffrey Immelt’s appointment by President Obama to head his new White House economic council has some labor leaders concerned, given the perception that the boss of General Electric (NYSE: GE) is hostile to the union movement and is committed to outsourcing American jobs to foreign (cheaper) workers.
NYC jobless rate dips, but only because more people gave up looking for work
While it’s true that New York City’s unemployment rate declined to its lowest level in more than a year-and-a-half, it’s primarily due to the troubling reality that increasing numbers of people in Gotham have simply given up looking for work.
NYC Mayor threatens massive layoffs amidst pension reform crisis
As the battle over pension reform in cash-starved cities and states intensified, the Mayor of New York City fired another salvo by threatening municipal unions with huge layoffs if they don’t cooperate with his sweeping proposals to overhaul the system.
Obama signs regulatory strategy to foster employment
A new Executive Order by US President Barack Obama has laid down regulatory measures on Tuesday to promote the country's economic growth and foster job creation while protecting the health and well-being of Americans throughout effective regulations.