Japan's NEC to slash 10,000 jobs | January 26, 2012 05:15 AM ET | TOKYO (Reuters) - NEC Corp said Thursday it will slash 10,000 jobs, almost one in 10 of its workers, in a bid to cut costs as competition from foreign rivals including Apple Inc pushes it deep into the red. | Full Article | ECB at centre as Greek debt talks resume | January 26, 2012 09:29 AM ET | ATHENS (Reuters) - Greece's tortuous negotiations over a debt swap with private creditors entered a new phase on Thursday with focus on how much the European Central Bank and other public creditors may need to contribute. | Full Article | In historic shift, Fed sets inflation target | January 26, 2012 09:03 AM ET | (Reuters) - The Federal Reserve took the historic step on Wednesday of setting an inflation target, a victory for Chairman Ben Bernanke that brings the Fed in line with many of the world's other major central banks. | Full Article | | | BUSINESS NEWS | Stocks open up on Fed, earnings, data | January 26, 2012 09:35 AM ET | NEW YORK (Reuters) - Wall Street rose at the open on Thursday on a combination of an extended easy monetary policy from the Federal Reserve, strong earnings from Caterpillar and solid U.S. economic data. | Full Article | Durables orders up, job market still healing | January 26, 2012 09:24 AM ET | WASHINGTON (Reuters) - New orders for manufactured goods rose in December and a gauge of future business investment rebounded, while new claims for jobless benefits rose only moderately last week, suggesting the labor market was still healing. | Full Article | Caterpillar continues strong run | January 26, 2012 09:29 AM ET | (Reuters) - Caterpillar Inc reported a 58 percent rise in quarterly earnings on Thursday that blew away Wall Street expectations and it projected strong growth for 2012 despite global economic uncertainly. | Full Article | AT&T posts big loss on hefty charges, iPhone costs | January 26, 2012 08:35 AM ET | (Reuters) - AT&T Inc posted a massive quarterly loss due to a break-up fee for its failed T-Mobile USA merger and other charges on top of costly subsidies for smartphones such as Apple Inc's popular iPhone, sending its shares down more than 2 percent . | Full Article | 3M profit tops Wall Street estimates | January 26, 2012 08:37 AM ET | (Reuters) - 3M Co reported higher-than-expected quarterly earnings on Thursday as demand from industrial and transport markets offset weak sales to makers of consumer electronics. | Full Article | | | HEALTH NEWS | | | | RELATED VIDEO | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. | | Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. | | » MORE NEWSLETTERS | | ODDLY ENOUGH | | | |
No comments:
Post a Comment