NEW YORK/LONDON, Dec. 5, 2008 (Reuters) — The U.S. economy hemorrhaged more than half a million jobs in November, data showed on Friday, underscoring the depth of a global recession that this week prompted historic interest rates worldwide. ... > full story
LONDON, Dec. 5, 2008 (Reuters) — Oil fell toward $42 a barrel on Friday, sinking to its lowest level since January 2005, after a U.S. government report showed more than half a million Americans lost their jobs last month. ... > full story
SINGAPORE, Dec. 4, 2008 (Reuters) — Credit Suisse and Nomura Holdings announced big job cuts on Thursday, further evidence the global financial crisis is unrelenting for an industry battered by heavy losses and weak markets. ... > full story
LONDON, Nov. 22, 2008 (Reuters) — President-elect Barack Obama said on Saturday he was crafting a two-year plan to fight an economic crisis of "historic proportions" and Chinese leader Hu Jintao said his country was ready to play a big role in the global effort. ... > full story
NEW YORK, Nov. 17, 2008 (Reuters) — Citigroup Inc revealed plans to cut 52,000 jobs by early next year in a dramatic move to restore the No. 2 U.S. bank to health as it combats mounting debt losses and sagging economies worldwide. ... > full story
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Job cuts and layoffs roundup Dec. 4, 2008 (Jacksonville Business Journal) — Large job cuts were announced Thursday and Wednesday by companies in several industries -- including financial, telecommunications, media.. . San ...
Credit Suisse suffers losses and job cuts Dec. 4, 2008 (EuroNews) — If confirmation were needed about the severity of the world credit crisis, the fallout has now hit one of Switzerland's major financial names ...
JPMorgan Chase Slips In Pre-Market On Reports Of Job Cuts Nov. 17, 2008 (RTTNews) — JPMorgan Chase (JPM: News ) declined in pre-market trading, on reports that the company may cut thousands of jobs.. The stock was down 54 cents ...
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