The U.S. Air Force on Wednesday announced the immediate elimination of 9,000 civilian jobs in an effort to reduce expenses, as part of a broader push to lower defense spending.
CVS Caremark Corp.'s third-quarter earnings jumped 7.3 percent, off a boost in pharmacy services and retail pharmacy revenues.
Gold rose 1 percent on Thursday, boosted by a surprise interest rate cut by the European Central Bank and safe-haven buying amid an uncertain future for the European Union as Greece's government was on the brink of collapse.
Jones Lang LaSalle, one of the world's largest real estate services companies, reported revenue of $903 million in the third quarter, up 28 percent from the previous year.
Two other major Dutch banks, ABN AMRO and Rabobank, have already unveiled significant job cuts.
UBS has updated its Tech 10 portfolio by adding semi-packaging/assembly equipment provider ASM Technologies as a least preferred stock.
Stock index futures edged higher in choppy trade on Thursday on talk the Greek government might collapse, thus avoiding a referendum on a bailout plan and easing concerns about an imminent bailout.
China's people have a clear message for their government -- don't even think of saving Europe.
Arsenal may open talks with Real Madrid over young midfielder Esteban Granero for £6 million.
Despite a tumultuous several months for News Corporation, the company's financial picture for the first quarter beat analyst estimates.
Lexmark International CEO Paul Rooke predicted the printer giant will keep boosting profits because of software advantages but warned “economic headwinds” may trim fourth-quarter revenue.
For nearly two decades, Jerry Weintraub was one of the biggest powers in management. He managed Elvis Presley, Frank Sinatra, Bob Dylan, Led Zeppelin and Bob Denver. In the '80s he produced such hits as Nashville, Diner and The Karate Kid. Most recently he handled the Ocean's Eleven franchise.
For nearly two decades, Jerry Weintraub was one of the biggest powers in management. He managed Elvis Presley, Frank Sinatra, Bob Dylan, Led Zeppelin and Bob Denver. In the '80s he produced such hits as Nashville, Diner and The Karate Kid. Most recently he handled the Ocean's Eleven franchise.
The new-look Chicago Cubs management team has decided to part ways with manager Mike Quade, according to a team statement.
Sony Corp. warned of a fourth straight year of losses, with its television unit alone set to lose $2.2 billion on tumbling demand and a surging yen, sinking its U.S. shares and raising concerns about the viability of its high-profile TV business.
Stocks rebounded after two days of losses on Wednesday, aided by upbeat job market data as investors eyed a crisis meeting about Greece and a Federal Reserve policy session.
Sony is forecasting a net loss of 90 billion yen ($1.15 billion), versus a prior expectation for a 60 billion yen profit.
Bank of America Corp. employees are flooding rival companies with resumes as a major cost-cutting program gets under way at the second-largest U.S. bank
Upbeat job market data helped stocks bounce off two days of losses on Wednesday, with a crisis meeting about Greece and the end of a U.S. monetary policy session also on investors' minds.
The top pre-market NASDAQ Stock Market gainers are: Garmin, Silicon Motion Technology, Magic Software Enterprises, Exelixis, and JDS Uniphase. The top pre-market NASDAQ Stock Market losers are: Syms, Diamond Foods, OpenTable, EZchip Semiconductor, and Cognizant Technology Solutions.
Sony Corp. surprised investors on Wednesday by warning it is heading for its fourth straight annual net loss and that its TV business alone would produce a loss of $2.2 billion due to tumbling demand and a surging yen.
Occupy Wall Street has raised more than $500,000 in New York alone to support anti-greed demonstrations and, seven weeks into the movement, protesters are finding that having money creates headaches.