Daily News Channel
Ford, GM, Chrysler to update Midwest factories, add jobs Growing again after years of downsizing, General Motors and Chrysler announced more plans Thursday to renovate plants and restore Rust Belt jobs to build a new generation of cars. And Ford Motor earlier this week announced plans for investment and new jobs at four plants in […]
Democrats Push Wall Street Bill to Full Senate Democrats push Wall Street regulation bill through bank committee to full Senate, no GOP votes Democrats sent a massive Wall Street regulation bill to the full Senate on a party line vote Monday after a temporary retreat by Republicans that still left the bill’s chances for bipartisan […]
As we reach the end of a miserable 2009, signs continue to mount across the globe that the world economy is stirring back to life. The U.S.
The economic recession may be ending but the independent film industry’s shakeout continues to roll, as we were recently reminded by Disney’s October decision to gut its Miramax division, cutting staff by more than 70%. It won’t be the last to fall under the knife, industry insiders predict, pointing to Universal’s Focus Features as the next likely victim.
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Sun Microsystems on Tuesday announced plans to slash 3,000 jobs over the next year, putting the move down to the delay in getting European Commission clearance for its agreed $7bn acquisition by Oracle.
As the chairwoman of South Korea’s Hyundai group, Jeong-eun Hyun faces business challenges few other executives can imagine. Subsidiary Hyundai Asan has led efforts to build economic ties between the North and South, so Hyun is not only managing a multinational through a recession but also through global tensions over the North’s nuclear program.
Technologies that let employees work remotely have given rise to a growing phenomenon — virtual internships. Businesses are realizing that commonplace Internet technologies like email, instant messaging — which can also enable video chats — and social media can be used to free interns from the confines of the office.
The United States is fighting wars in Iraq and Afghanistan but there are thousands of troops caught-up in a very different battle and President Barack Obama is promising to win it. Obama says he will reverse U.S
Google on Thursday declared the worst of the recession over and paved the way for a return to heavy spending on expansion as it reported a surprisingly strong 8 per cent jump in net revenues in its latest quarter. The optimism reflected what the company said was an across-the-board recovery in online advertising, with even the struggling financial services sector showing a return to growth