-
By Justin Juozapavicius |
May 15, 2012
An estimated 2,100 jobs could be lost at the American Airlines maintenance hub in Tulsa after mechanics rejected the company's final labor contract offer, the embattled airline confirmed Tuesday.
-
By Pallavi Gogoi, Tamara Lush |
May 15, 2012
The CEO of JPMorgan Chase survived a shareholder push Tuesday to strip him of the title of chairman of the board, five days after he disclosed a $2 billion trading loss by the bank.
-
By Pallavi Gogoi, Tamara Lush |
May 15, 2012
JPMorgan Chase CEO Jamie Dimon, facing shareholders five days after the bank disclosed a $2 billion trading loss, said Tuesday the company's mistakes were "self-inflicted."
-
By Andrew Taylor |
May 15, 2012
Treasury Secretary Tim Geithner said Tuesday that the recent $2 billion trading loss by JPMorgan "helps make the case" for tougher rules on financial institutions, as regulators continue to implement the 2010 law aimed at policing Wall Street.
-
By Melanie Waddell |
May 14, 2012
JPMorgan Chase's spectacular overseas losses have caught the attention of the federal Senate Banking Committee, who hope to avoid stateside losses.
-
By Martin Crutsinger |
May 3, 2012
U.S. worker productivity fell from January through March by the most in a year. Stronger hiring at the start of the year was partly responsible for the drop.
-
By Denis Storey |
April 30, 2012
You’ve heard of disability insurance, right? I mean what benefits manager worth his or her employee handbook hasn’t, right? You sit down with your employees and go over the basics at least once a year, right?
-
By Martin Crutsinger |
April 30, 2012
Americans increased their spending more slowly in March, suggesting some are worried that their paychecks aren't growing fast enough.
-
By Christopher S. Rugaber, Paul Wiseman |
April 27, 2012
The U.S. economy grew more slowly in the first three months of this year. Governments spent less, and businesses cut back on investment. But consumers spent at the fastest pace in more than a year.
-
By Chritsopher S. Rugaber |
April 26, 2012
The number of people seeking U.S. unemployment benefits remained stuck near a three-month high last week, a sign that hiring has likely slowed since winter.
