Tag "Jobs"

Industrial conglomerate Siemens is planning to cut 6,900 jobs, mostly in Germany and the U.S. Most of the job cuts will hit the Siemens (SIEGY) unit that provides turbines and services to companies that generate power from oil and gas.

The jobs market, like the weather, cooled in December. Employers added fewer positions than expected in December, even as elsewhere (and certainly in the stock market) optimism about the economy seemed to improve. What’s more, the unemployment rate rose slightly

WASHINGTON : U.S. consumer spending increased modestly in November as household income failed to rise for the first time in nine months, suggesting the economy slowed in the fourth quarter after growing briskly in the prior period. The economy, however,

U.S. stocks were lower in light trading on Thursday as a fall in Apple’s shares weighed. Apple fell 0.8 percent to $ 116.38 after Nokia (NOKIA.HE) said it had filed a number of lawsuits against the iPhone maker for patent

IBM Chief Executive Ginni Rometty pledged to hire and train workers in the United States as she and other technology executives prepared to meet on Wednesday with U.S. President-elect Donald Trump. “We have thousands of open positions at any given

 NEW YORK : Donald Trump clashed on Wednesday with a union official who accused the president-elect of lying about the number of jobs saved in a deal to keep air conditioner maker Carrier from moving some jobs from Indiana to

WASHINGTON President-elect Donald Trump, fresh off a deal to keep nearly 1,000 U.S. jobs in the country, will decide whether to intervene with other companies to keep them from moving jobs overseas “on a day-by-day basis,” Vice President-elect Mike Pence

For Donald Trump, it’s better to be lucky than good. The President-elect can hardly be credited for the labor market’s strong showing in November, but he’ll surely benefit from the economy’s momentum as he prepares to take office. The Labor

It’s a happy holiday, indeed. The average U.S. worker will receive a holiday bonus 25% larger than what they received in 2015, according to a recent survey of 500 U.S. companies. While workers received an average year-end bonus totaling $

Donald Trump’s tax repatriation plan will create jobs, but far more—and more likely—ones for financial engineers rather than real ones. The U.S. overseas funds that do find their way home in reaction to any holiday or tax rate reduction will