AMR expects to slash about 13,000 jobs | February 01, 2012 03:31 PM ET | (Reuters) - AMR Corp, the bankrupt parent of American Airlines, expects to slash about 13,000 jobs as part of a cost-cutting strategy the carrier says is necessary to compete with rivals. | Full Article | Manufacturing picks up, but private job gains slow | February 01, 2012 02:39 PM ET | NEW YORK (Reuters) - Manufacturing growth accelerated in January to its highest level in seven months, though a measure of employment faded and private-sector employers added fewer jobs than expected, data showed on Wednesday. | Full Article | Auto sales in January show unusual strength | February 01, 2012 03:29 PM ET | DETROIT (Reuters) - Major automakers reported a nearly 12 percent gain in U.S. sales in January, a surprisingly strong showing driven by the growing need for American drivers to replace aging cars and trucks. | Full Article | | | US TOP NEWS | After Florida win, Romney stumbles in comments on poor | February 01, 2012 04:33 PM ET | MINNEAPOLIS (Reuters) - Republican presidential candidate Mitt Romney ran into a wall of criticism on Wednesday for remarks suggesting he was indifferent to America's poor, after scoring a resounding victory in the Florida primary. | Full Article | Obama presses Congress to step up aid for homeowners | February 01, 2012 02:29 PM ET | WASHINGTON (Reuters) - President Barack Obama on Wednesday pressed lawmakers to back a $5 billion to $10 billion plan to help U.S. homeowners refinance, part of an election-year package that is unlikely to overcome Republican opposition in Congress. | Full Article | Facebook to file $5 billion IPO Wednesday: IFR | February 01, 2012 02:38 PM ET | NEW YORK (Reuters) - Facebook is expected to submit paperwork to regulators on Wednesday morning for a $5 billion initial public offering and has selected Morgan Stanley and four other bookrunners to handle the mega-IPO, sources close to the deal told IFR. | Full Article | Ex-Credit Suisse traders charged in subprime case | February 01, 2012 03:58 PM ET | NEW YORK (Reuters) - Several former Credit Suisse traders manipulated the books on mortgage-backed securities when the U.S. real estate market slumped in 2007 and 2008, two of the former traders at the investment bank said in court on Wednesday. | Full Article | Stanford used CD funds for cricket, jets: witness | February 01, 2012 03:53 PM ET | HOUSTON (Reuters) - Allen Stanford funneled $2 billion of investor money from his offshore bank to pay operating expenses at his other companies, including money-losing airlines and his cricket concerns, a former Stanford Financial Group accountant said on Wednesday. | 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