26 Oct, 2011 [ (0) Comment ]

Secretary of Treasury talks jobs in Wilmington visit

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Infrastructure, however, is more than roads and bridges, and Geithner's visit to Corning was a chance to highlight the importance of the nation's information infrastructure.

The growing demand for optical fiber products has boosted business for Corning and spurred a 10 percent increase in jobs at the...

26 Oct, 2011 [ (0) Comment ]

Novartis slicing 2000 jobs in U.S., Switzerland

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Novartis, Europe's second-biggest pharmaceutical company, plans to eliminate 2,000 jobs in Switzerland and the United States and add employees in China and India to offset the effect of drug-price reductions.

The cuts, equal to 1 percent of Novartis' workforce, will be implemented over three to five years, and will generate annual...


25 Oct, 2011 [ (0) Comment ]

Novartis cost pull claims 2000 jobs in US, Switzerland

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Novartis ($NVS) has put a number to its job-cutting plans. The Swiss-based drugmaker will shed 2,000 jobs in its home country and the U.S., while shutting down expensive-to-operate European facilities and moving operations to lower-cost countries. The moves are designed to save $200 million annually.

More...


24 Oct, 2011 [ (0) Comment ]

Highlights: Jobs’ biographer on ’60 Minutes’

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The segment appeared two-and-a-half weeks after Jobs's passing, and less than 24 hours before Isaacson's biography hits bookshelves. Excerpts of the biography, which contains information derived from interviews with more than 100 individuals among his acquaintance, as well as some 40 interviews with Jobs himself, have already appeared at...

24 Oct, 2011 [ (0) Comment ]

Jobs Outlook in US Worst Since 2010, Business Economists Say

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October 24, 2011, 12:31 AM EDT

By Shobhana Chandra

Oct. 24 (Bloomberg) -- U.S. companies’ hiring plans reflect the worst employment outlook since January 2010 as demand slows in the world’s largest economy, a private survey showed.

Fewer companies project payrolls to rise in the...


23 Oct, 2011 [ (0) Comment ]

Buffett-Backed Carmaker Comes Late With Fewer Jobs Than Promised

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October 23, 2011, 12:23 PM EDT

By Alan Ohnsman and Christopher Palmeri

Oct. 24 (Bloomberg) -- Los Angeles touted landing the North American headquarters of Chinese carmaker BYD Co. as a win that would generate jobs for the second-biggest U.S. city and make it a center for the growing market...

23 Oct, 2011 [ (0) Comment ]

Burr urges Obama to welcome Republican jobs proposal

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Sen. Richard Burr (R-N.C.) in the GOP's weekly address called on the Obama administration to drop its own plans to "simply spend more money" and embrace a Republican plan for job creation.

“Our...


22 Oct, 2011 [ (0) Comment ]

Companies bringing jobs behind to US from Asia

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A LaVergne company is among some manufacturers that are starting to bring jobs back to America from Asia.

Four years ago, Pro Charging Systems LLC outsourced manufacturing of several key components of its new line of battery chargers to China, according to The Tennessean.

Now the company is using Pine Hill...

22 Oct, 2011 [ (0) Comment ]

Unemployment rates fell in half of US states final month, an alleviation from …

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Nevada reported the highest unemployment rate for the 16th straight month. It stayed at 13.4 percent for the second consecutive month. California was next. The rate there fell from 12.1 in August to 11.9 percent. Michigan had the third-highest rate, at 11.1 percent.

North Dakota had the lowest unemployment rate, staying...