Even though employees at the Peer Bearing Co. no longer work for the Spungen family that recently sold the Waukegan-based ball bearings maker, they still received a turkey each this Thanksgiving in keeping with tradition.

Deutsche Post will spend more than planned and cut an additional 9,500 jobs to turn around its U.S. express business, which has been hit by the global economic crisis and hurt third-quarter earnings.

As layoffs accelerate and job creation slows, it's no wonder that more Americans are worried about their job security.

You’ll see hanger steaks where strip steaks were once ascendant, dwarf lobsters where steroidal crustaceans once reigned. Luxury items will be scarcer, low-ticket options more ubiquitous, the New York Times reports.

Shares of Dutch mail company TNT jumped almost 30 percent on Monday after a report over the weekend that FedEx is in preliminary talks to acquire it.