BERLIN— A union representing Lufthansa's pilots is threatening a new round of strikes in a long-running dispute over wages and early retirement benefits. The Vereinigung Cockpit union says in a statement it may order pilots to strike "starting immediately" because negotiations have failed to achieve their goals.» Read More
A lot of business information is abstract. How can you make it more interesting?
College students graduating this year will feel the effects of the economic crisis in the job market. Take a look at which degrees have the most drawing power in the job market.
In response to the current economic environment, the NFL confirmed today that it has reduced its staff by 15 percent.
I'm disappointed that Barack Obama has so far refused to accept my LinkedIn invitation. However, I'm happy to report that Dodgers Manager Joe Torre "friended" me on Facebook! Never met the man, but, like, how cool is that?
It's not just bankers who are seeing their once-steady bonuses dry up. Regular Americans who count on their yearly bonus or commission are at a loss now, too.
Tuesday: Fed Chairman Ben Bernanke warned the "severe" U.S. recession may drag into 2010 unless the government succeeds in stabilizing the banking system and financial markets. Debate continues on bank "nationalization," with Bank of America insisting it won't need a bigger U.S. stake; and analysts wondering if Citigroup actually needs the government to pick up more than 40 percent. Experts told CNBC that fears of nationalization are overdone — and we're now entering the epicenter of the recession.
The next economic bubble is on its way—if it's not already here, analysts believe. The problem is, there's no clear consensus on what it will be or when it will hit.
First it was Hyundai, with its radical offer to let you give the car back if you lose your job. Now it’s Toll Brothers, offering to make the monthly payments.
The ravages of the recession now reach to every page and every section of newspapers - the stories are relentless, with nary a bright spot. Doom and desperation abound.
The U.S. unemployment rate -- now at 7.6 percent, the highest in more than 16 years -- is expected hit a peak of 9 percent this year, according to the latest survey by the National Association for Business Economics to be released Monday.
This week’s news that the city plans to spend $45 million to retrain jobless Wall Street executives may, understandably, have been met with less than sobs of gratitude in that demographic. After all, as the happily divorced like to say, stick a fork in a toaster once, it’s an accident. But a second time?
Friday: Bank nationalization is the big topic du jour. Everyone seems to dislike the idea, but more and more analysts are begrudgingly calling nationalization the inevitable next move in the financial crisis. UBS widened its tax probe; a survey of U.S. homeowners showed more depreciation; and gold rose over $1,000 on investors' flight to safety. CNBC heard from experts who said the U.S. dollar will emerge as the ultimate safe haven; and Citigroup and Bank of America will indeed survive.
A company without a coherent strategy for finding and placing interns is one that isn't identifying the best of the vast talent pool currently bubbling at colleges all across the country, and therefore isn't likely to benefit from it in future.
The Fed says the economy has gotten worse than it ever expected. But the Fed governors and bank presidents forecast that it will not get much worse.
Global stocks ended the week in the red, near 6-year lows, as pessimism over the economy and banking sector set in, scaring investors away from stocks and back into bonds and gold.
Billionaire investor Wilbur Ross, chairman and CEO of WL Ross & Co., shared his insight on Obama's economic plans, the SEC, the housing market and more with CNBC.
Individuals aren’t the only ones dealing with the range of emotions that a job loss can ignite: shock, fear, paralysis, disappointment, anxiety, and more.
Another round of layoffs was announced on Thursday, adding to the gloom over rising unemployment. Delta Air Lines and Performance Food Group were among the latest names on Wednesday to announce job cuts.
Here's the question: your company has cut discretionary costs and has laid off a group of workers, but still needs to cut more. Your choice is between cutting pay and requiring a furlough. What's an executive to do?
As the economy continues to struggle, the public is growing increasingly concerned about losing jobs, not having enough money to pay the bills and seeing their retirement accounts shrink, according to an Associated Press-GfK poll.