Job cuts trend downward in April

Planned job cuts announced by US employers totaled 132590 in April, a 12 percent drop from the 150411 layoffs recorded in March. That marks the third consecutive decline in monthly job-cut announcements and the lowest total since 112884 cuts were …

Fiat Denies Report On 18000 Job Cuts, Plant Closures

Italian auto maker Fiat SpA (FIATY) denied Tuesday a report on the Web site of the Frankfurter Allgemeine Zeitung alleging the company plans to close 10 plants throughout Europe and cut 18000 jobs once it takes over German car maker Adam Opel AG and …

Washington Post Cuts Weekday Circulation Losses

By Frank Ahrens The Washington Post has cut its circulation losses for its Monday-through-Friday and Sunday editions, but losses for the Saturday edition remain largely unchanged from previous measures.

Boeing posts sharply lower earnings, cuts forecast

By Christopher Hinton, MarketWatch NEW YORK (MarketWatch) — Boeing Co. reported sharply lower first-quarter earnings on Wednesday and cut its forecast for the remainder of the year, citing global economic pressures on its commercial-aviation business.

Canada Cuts Rate to 0.25%, May Keep It There for Year

By Greg Quinn April 21 (Bloomberg) — The Bank of Canada cut its key lending rate to a record low, and may leave it unchanged for a year because inflation is persisting below its 2 percent target.

Harley-Davidson Posts 37% Drop in Net, Announces More Job Cuts

By KATHERINE E. WEGERT Harley-Davidson Inc. posted a 37% decline in its first-quarter net income amid slumping sales at the iconic motorcycle maker and …