Fiat workers voice job concerns
Thousands of workers from the Italian carmaker Fiat have held a demonstration near the company’s headquarters to call for job guarantees.
Job figures not as bad as feared
The Labor Department’s employment numbers were better than expected, but they may be offset by an uptick in government hiring.
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 …
Obama’s Italian Job
By matthew.yeomans – The Big Money President Obama’s landmark move to force Chrysler into bankruptcy leads on the nation’s business pages today, with the New York Times calling it “yet another extraordinary intervention into private industry by the …
Bank of America Chief in Battle to Hold His Job
By LOUISE STORY Ron Edmonds/AP Kenneth D. Lewis, Bank of America’s chief, is under fire for the acquisition of Merrill Lynch, but he may be saved by proxies wielded by brokers.
In Grim Job Market, Student Loans Are a Costly Burden
“Who knows when I’ll be able to start paying my loans back?” said Gregory Westby, who has $150000 in debt after college. By TARA SIEGEL BERNARD They bought …
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 …