Jobs & Career News
The number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing to a sustained improvement in labor market conditions.
Weak results from the likes of Wal-Mart Stores Inc (WMT.N) and Macy's Inc (M.N) are the latest sign less affluent U.S. consumers are still pinching their pennies and the trend appears to be hurting upmarket retailers as well.
Flight attendants at Virgin America airline approved representation by the Transport Workers Union of America, with 58 percent voting in favor, the union said on Wednesday, citing a National Mediation Board tally.
Cisco Systems Inc (CSCO.O) forecast tepid current-quarter results and said it plans to cut another 6,000 jobs, as the network equipment maker works through a transition toward a new cycle of high-end switches and routers.
Cuba has shifted its focus away from offshore oil, concentrating on renewable energy and improving output from onshore wells due to a lack of interest by foreign companies for further deepwater exploration, sources close to the industry say.
European shares fell on Tuesday, throwing a rally in the U.S. and Asia into reverse, and the euro dipped toward nine-month lows against the dollar as reports a Russian aid convoy was heading to Ukraine ratcheted up tension between Kiev and Moscow.
It's not often that a judge decides to blow up a settlement worth hundreds of millions of dollars because it is too low, but San Francisco attorney Daniel Girard convinced one Silicon Valley jurist to do exactly that.
Volkswagen's 5 billion euro ($6.68 billion) cost-savings plan hit a major setback after labor leaders forced management to axe McKinsey, the consultants working out the cuts, three sources with knowledge of the matter told Reuters on Thursday.
U.S. services sector activity hit an 8-1/2 year high last month and factory orders surged in June, bolstering expectations of solid economic growth in the third quarter.
U.S. stock index futures were slightly lower on Friday, after the latest flare of tensions between Ukraine and Russia and ahead of a speech by Federal Reserve Chair Janet Yellen.
Suppliers to Apple Inc (AAPL.O) are scrambling to get enough screens ready for the new iPhone 6 smartphone as the need to redesign a key component disrupted panel production ahead of next month's expected launch, supply chain sources said.
Business growth in China and across Europe slowed this month, surveys showed on Thursday, providing more evidence that the world economy is stuttering and may need more monetary stimulus to keep it going.
Staples Inc (SPLS.O) reported better-than-expected quarterly profit and sales, driven by strong demand for non-core office supplies, such as furniture and breakroom items, from companies in North America.
Calling the top in financial markets is never easy. Asian stock and bond markets may appear frothy at their near-record levels after a multi-year rally, but global investors are still betting on a mix of healthy returns and history to juice up their profits.
PetSmart Inc said on Tuesday it will explore a potential sale of the company, bowing to mounting pressure from several shareholders led by activist investor Jana
U.S. consumer prices barely rose in July as declining energy costs partially offset increases in food and rents, which could give the Federal Reserve ammunition to keep interest rates low for a while.
U.S. housing starts and building permits rebounded strongly in July, suggesting the housing market recovery was back on track after stalling in the second half of last year.
Morgan Stanley and sales assistants in its wealth management branch system who claimed they were owed overtime pay agreed to a $4.2 million settlement.
Network equipment maker Cisco Systems Inc said on Thursday its plan to slash 6,000 jobs will result in restructuring charges of $700 million in cash in the year ending July 2015.
The German soccer team's romp to victory in last month's World Cup was hailed at home as a symbol of the country's emergence as a confident global economic power.
Bond yields across the euro zone hit record lows on Thursday and the euro hovered near its weakest in nine months after Germany reported its economy unexpectedly shrank in the second quarter, casting doubt on the region's fragile recovery.
Standard Chartered Plc will soon begin sifting through a mountain of data for signs of possible money laundering or other criminal activity, as a result of faults in the software critical to its anti-money laundering compliance program, two sources with knowledge of the matter said.
Late last year, Ukraine’s consumer protection agency began filing lawsuits against Foxtrot, the country’s largest electronics retailer. By early March, Foxtrot faced at least 231 separate suits that demanded fines totaling more than $150 million.
China's buoyant exports pushed its trade surplus to a record in July, fuelling optimism global demand will help counter pressure on the domestic economy from a weakening property sector.
Russia's threatened ban on U.S. poultry imports, the latest move in a sanctions skirmish over Moscow's support of rebels in Ukraine, has agriculture companies alert to the risks of a conflict that's already roiled trading of crops ranging from soy, beef and fruit to California pistachios.
Advances in drilling technology are reviving the prospects of oil companies in shallow parts of the Gulf of Mexico, helping to squeeze more from older fields while the U.S. shale bonanza lures others onshore.