According to Carter Worth of Sterne Agee, shares of Boeing have some serious tailwinds behind them.» Read More
Stocks ended at session highs Wednesday, led by banks, amid enthusiasm for this so-called "bad bank" plan and as the $825 billion stimulus package neared approval.
Stocks held onto a nearly 200-point gain Wednesday after the Federal Reserve issued its statement on the economy.
More spending, whether it comes from individuals, businesses or the government, helps create jobs and get us out of this recession. It doesn't really matter what that spending is on as long as money circulates.
Stocks shot out of the gate Wednesday as lawmakers prepared to move ahead on an $825 billion economic stimulus plan and banks got a boost from this so-called "bad bank" plan.
US stocks were poised to continue their positive start to the week Wednesday, as investors looked to a key policy meeting of the Federal Open Market Committee for more action to stem the credit crisis.
The Fed takes center stage Wednesday in a market that will see another deluge of earnings news. Traders are also watching for more news on the Obama Administration's plans for the TARP and the proposal to develop a "bad bank" to hold toxic assets
More companies announced layoffs on Tuesday as the employment picture continued to dim.
Another round of layoffs was announced by big-name companies Monday, adding to the gloom over rising unemployment.
More companies announced layoffs as the employment picture continued to dim.
Even on Inauguration Day, companies continued to announce layoffs, reinforcing the challenges facing Barack Obama.
Corporate layoffs have soared since New Year's. On Friday alone, GE, Pfizer, AMD, Wellpoint and Hertz announced big cuts.
Stocks were back up in a yo-yo session as investors took some defensive positions in stocks like McDonald's amid nagging worries about the health of banks.
Airbus expects orders to dip below deliveries in 2009 for the first time in six years as airlines curb spending amid the economic crisis, the planemaker's head said Thursday.
Following are the day’s biggest winners and losers. Find out why shares of Fortress Investment Group and Infosys popped while Sony and Barclays dropped.
European aerospace group EADS said on Tuesday it had abandoned a "significant" defense acquisition in the United States to conserve cash and prop up Airbus plane sales to crisis-hit airlines.
In all likelihood, if you’re an exec and actively employed, you have been and will be intimately involved in decisions about who should stay and who should go, how many, and when. Since most of our 21st century businesses rely heavily on Human Capital, these decisions will inevitably affect your company’s performance and more personally: your career.
The Dow logged its worst week since late November, erasing all of last week's gains in a brutal week littered with layoffs and profit warnings, and capped with a surge in unemployment.
Boeing, the world's second-largest airplane maker, is planning to cut about 3 percent of its work force as jetliner demand falls, hurt by the global economic downturn.
The Dow opened higher Friday amid a giant sigh of relief in the market that only half a million jobs were lost in December. Market buzz had indicated the number could be as high as a million.
The Department of Homeland Security is proposing to extend to private aviation many of the security rules imposed on commercial airlines. Those include requiring fingerprint-based background checks on pilots, checking passenger names against a government watch list and restricting what items may be carried onto the airplane.