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  • July 29- Amgen Inc on Tuesday said it would cut up to 15 percent of its work force and close plants in a series of moves aimed at reallocating resources as it prepares to introduce new medicines it hopes will drive future growth.

  • July 29- Amgen Inc on Tuesday said it would cut up to 15 percent of its global work force and close plants as part of a series of moves aimed at reallocating resources as it prepares for the eventual launch of medicines it hopes will drive future growth.

  • July 29- Amgen Inc on Tuesday posted higher-than-expected second-quarter profit in a rebound from a disappointing first quarter, helped by strong sales of its rheumatoid arthritis drug Enbrel, and it significantly raised its full-year earnings forecast.

  • Biotech drugmaker Amgen laying off at least 2,400 Tuesday, 29 Jul 2014 | 4:04 PM ET

    Biologic drugmaker Amgen said Tuesday that it will lay off 12 to 15 percent of its worldwide workforce and close four sites, even as it reported stellar second-quarter results that trounced Wall Street expectations. Amgen also raised its forecasts for its 2014 profit and revenue, driving up its shares.

  • Highway, bridge money at risk: Senate to vote Tuesday, 29 Jul 2014 | 3:19 AM ET

    WASHINGTON— Racing to adjourn for the summer, the Senate scheduled major votes Tuesday on proposals to keep federal highway funds flowing across the nation— billions of dollars to avert layoffs for construction workers and shutdowns of road and bridge projects just before the November elections.

  • Across US job market, this is becoming rare Friday, 25 Jul 2014 | 7:10 AM ET

    The risk of losing your job is getting smaller and smaller.

  • Bankrupt Energy Future to auction stake in Oncor Thursday, 24 Jul 2014 | 5:02 PM ET

    DALLAS— Bankrupt power giant Energy Future Holdings terminated its restructuring agreement and announced plans to auction its stake in the profitable power transmission business Oncor Electric Delivery Co., according to a filing Thursday with the U.S. Securities and Exchange Commission.

  • Across US job market, layoffs are becoming rare Thursday, 24 Jul 2014 | 2:56 PM ET

    WASHINGTON— The risk of losing your job is getting smaller and smaller. As the U.S. economy has improved and employers have regained confidence, companies have been steadily shedding fewer workers.

  • SAN FRANCISCO, July 22- Broadcom Corp said on Tuesday it is winding down its money-losing cellular baseband chip business and cutting one-fifth of its total workforce, instead of selling the unit.

  • AP Top Extended Financial Headlines At 3:36 a.m. EDT Tuesday, 22 Jul 2014 | 3:36 AM ET

    Asian shares shrug off gloom over Ukraine while China property measures boost HK shares Netflix's 2nd- quarter earnings more than double as video service hits 50 million subscribers Hit by US tax case, Credit Suisse posts $779 million loss in second quarter China launches national probe of supplier accused of selling expired meat to McDonald's, KFC US stocks are falling to start the week as big companies post mixed quarterly results A Star Wars Car, a Doomsday doll highlight some of Mattel's creations for Comic-Con Chipotle's sales surge as higher prices fail to deter customers Judge says FDA can't use advisory panel's 2011 report on menthol cigarettes, citing conflicts Florida smoker's widow: $23 B damages is a message to Big Tobacco, even if verdict won't stand Allergan to cut 13 pct of global workforce, eliminate vacancies as part of restructuring

  • AP Top Financial News At 3:36 a.m. EDT Tuesday, 22 Jul 2014 | 3:36 AM ET

    Asia shares rise as Ukraine plane tensions ease Netflix tops 50 M subscribers as 2 Q earnings soar Credit Suisse has $779 M loss in 2 Q due US tax case China orders nationwide probe of meat supplier US stock slip to start the week; Six Flags sinks Star Wars Car, a Doomsday doll: Toys of Comic-Con Chipotle's sales surge despite price hikes Judge: FDA can't use tobacco panel menthol report Widow: Jury sent tobacco company a $23 B message Allergan to cut 1,500 employees in restructuring

  • AP Top Extended Financial Headlines At 2:41 a.m. EDT Tuesday, 22 Jul 2014 | 2:41 AM ET

    Asian shares shrug off gloom over Ukraine while China property measures boost HK shares Netflix's 2nd- quarter earnings more than double as video service hits 50 million subscribers China launches national probe of supplier accused of selling expired meat to McDonald's, KFC US stocks are falling to start the week as big companies post mixed quarterly results A Star Wars Car, a Doomsday doll highlight some of Mattel's creations for Comic-Con Chipotle's sales surge as higher prices fail to deter customers Judge says FDA can't use advisory panel's 2011 report on menthol cigarettes, citing conflicts Florida smoker's widow: $23 B damages is a message to Big Tobacco, even if verdict won't stand Allergan to cut 13 pct of global workforce, eliminate vacancies as part of restructuring US airlines slowly adding jobs; employment up for 6th straight month despite United cuts

  • AP Top Extended Financial Headlines At 12:32 a.m. EDT Tuesday, 22 Jul 2014 | 12:32 AM ET

    Asian shares shrug off gloom over Ukraine while China property measures boost HK shares Netflix's 2nd- quarter earnings more than double as video service hits 50 million subscribers China launches national probe of supplier accused of selling expired meat to McDonald's, KFC US stocks are falling to start the week as big companies post mixed quarterly results A Star Wars Car, a Doomsday doll highlight some of Mattel's creations for Comic-Con Chipotle's sales surge as higher prices fail to deter customers Judge says FDA can't use advisory panel's 2011 report on menthol cigarettes, citing conflicts Florida smoker's widow: $23 B damages is a message to Big Tobacco, even if verdict won't stand Allergan to cut 13 pct of global workforce, eliminate vacancies as part of restructuring US airlines slowly adding jobs; employment up for 6th straight month despite United cuts

  • Microsoft's mangled layoff memo: What NOT to do Monday, 21 Jul 2014 | 12:42 PM ET
    Stephen Elop

    Microsoft's mangled layoff memo offers a lesson in how to write a crappy, insensitive note to employees, says career coach Marie McIntyre.

  • July 21- Allergan Inc, which is fighting off a hostile bid from Valeant Pharmaceuticals International Inc, said on Monday that it would cut 13 percent of its global workforce as part of a restructuring meant to boost profits over the next six years.

  • July 21- Allergan Inc, which is fighting off a hostile bid from Valeant Pharmaceuticals International Inc, on Monday announced 1,500 jobs cuts as part of a $475 million restructuring meant to boost profits over the next six years.

  • UPDATE 1-Sotheby's to cut jobs to cut costs Friday, 18 Jul 2014 | 3:11 PM ET

    July 18- Sotheby's said it would cut an unspecified number of jobs to cut cost, months after ending a long-running battle with billionaire investor Daniel Loeb by appointing him to its board. Sotheby's shares rose 3 percent to $39 on the New York Stock Exchange on Friday.

  • Sotheby's to cut jobs Friday, 18 Jul 2014 | 2:38 PM ET

    The plan, mainly impacting the auction house's U.S. and UK operations, will result in employee-related restructuring charges of about $13 million to be recognized in the third quarter, the company said.

  • July 17- Microsoft Corp said on Thursday it would slash up to 18,000 jobs, or 14 percent of its workforce, this year. April 2014- The chipmaker said it had cut 1,500 jobs in Costa Rica. January 2014- Announced plans to reduce its global workforce of 107,000 by about 5 percent this year.

  • SEATTLE, July 17- Microsoft Corp will slash up to 18,000 jobs, or 14 percent of its workforce, this year as it almost halves the size of its newly acquired Nokia phone business and tries to transform into a cloud-computing and mobile-friendly software company.