Highlights
A collection of news and information related to Freeport-McMoRan Copper & Gold Inc published by Tribune Company sources.
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Employers cut 533,000 jobs in Nov.
The Associated PressSkittish employers slashed 533,000 jobs in November, the most in 34 years, catapulting the unemployment rate to 6.7 percent, dramatic proof the country is careening deeper into recession. The new figures, released by the Labor Department today, showed...Tags: Unemployment, Wages and Pensions, United Technologies Corporation, Chrysler LLC, Ben Bernanke
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Employers ax 533,000 jobs in Nov., most in 34 years; unemployment rate rises to 6.7 percent
AP Economics WriterWASHINGTON (AP) — Skittish employers slashed 533,000 jobs in November, the most in 34 years, catapulting the unemployment rate to 6.7 percent, dramatic proof the country is careening deeper into recession. The new figures, released by the Labor...Tags: Unemployment, Wages and Pensions, United Technologies Corporation, Chrysler LLC, Ben Bernanke
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AT & T, DuPont add to layoffs; jobless rate nears 15-year high
Bloomberg NewsAT&T Inc., DuPont Co. and three other U.S. companies announced plans to fire more than 16,000 people, buckling under the strain of a recession that may already have pushed the U.S. jobless rate to the highest level in 15 years. AT&T, the biggest U.S....Tags: Employees, Unemployment, Wages and Pensions, Challenger, Gray & Christmas Inc., Adobe Systems Inc.
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Employers cut 533,000 jobs in November, most in 34 years
Associated PressWASHINGTON -- Skittish employers slashed 533,000 jobs in November, the most in 34 years, catapulting the unemployment rate to 6.7 percent, dramatic proof the country is careening deeper into recession. The new figures, released by the Labor Department...Tags: Unemployment, Wages and Pensions, United Technologies Corporation, Chrysler LLC, Ben Bernanke
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New jobless claims drop unexpectedly; people continuing to receive benefits at 26-year high
AP Economics WriterWASHINGTON (AP) — New claims for jobless benefits fell unexpectedly last week but the number of people continuing to receive government aid reached a 26-year high and large companies announced more job cuts Thursday. The Labor Department reported...Tags: Dupont E I Nemours & Company, Employees, Unemployment, United Technologies Corporation, State Street Corporation
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New jobless filings unexpectedly drop
The Associated PressNew claims for jobless benefits fell unexpectedly last week but the number of people continuing to receive government aid reached a 26-year high and large companies announced more job cuts today. The Labor Department reported that initial claims for...Tags: Unemployment, Employees, United Technologies Corporation, State Street Corporation, Layoffs and Downsizing
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Brazil's Vale to reduce nickel output for Canadian unit, launch early retirement program
AP Business WriterSAO PAULO, Brazil (AP) — Citing falling nickel prices, Brazilian mining giant Vale said Thursday it will reduce production of the metal at its Canadian division and cut jobs in that unit through a voluntary retirement program. Companhia Vale do Rio...Tags: Metal and Mineral, Employees, Unemployment, Inco Limited, New Mexico
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Continuing jobless claims reach 26-year high
AP Economics WriterWASHINGTON (AP) — New claims for jobless benefits fell unexpectedly last week but the number of people continuing to claim benefits reached a 26-year high. The Labor Department reported Thursday that initial claims for unemployment insurance...Tags: Employees, Unemployment, United Technologies Corporation, State Street Corporation, Layoffs and Downsizing
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Slowing global economy hurts mining industry; layoffs, cost cutting; project delays
AP Business WriterDENVER (AP) _ A severe pullback in spending for everything from houses in Connecticut to jewelry in Europe and steel in China has reached as far as the New Mexico mining town of Silver City, N.M. Hundreds of miners in this Southwestern town of 10,000...Tags: Metal and Mineral, Unemployment, New Mexico, Layoffs and Downsizing, Connecticut
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Miner Freeport-McMoRan slashes hundreds of jobs as commodity prices tumble
AP Business WriterDENVER (AP) _ Freeport-McMoRan Copper & Gold Inc. said Wednesday it would suspend operations and lay off the bulk of its workers at a New Mexico mine, cut production estimates through 2010 and curb other costs as it struggles to cope with plummeting...Tags: Metal and Mineral, Non Ferrous Metal, Unemployment, New Mexico, Layoffs and Downsizing
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Texas Instruments becomes leaner to take on competitors
Tribune Media Services columnistQ: Does Texas Instruments Inc. stock have potential? -- C.M., via the Internet A: The decision of major customers Nokia Corp. and Ericsson LM to work with additional suppliers has been a disappointment for the world's largest maker of cell phone chips....Tags: Celanese Corporation, Weather Reports, Semiconductors and Active Components, Consumer Electronics Industry, Motorola, Inc.
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Growth-stock successes come in all shapes and sizes
Growth-stock investing, which focuses on companies whose earnings are expected to accelerate at an above-average clip, isn't playing favorites this year. It is scattering its success stories all over the place, as indicated by the divergent tales of...Tags: Perini Corporation, Aetna Inc., Healthcare Policies, Alcoa Incorporated, Texas
Dec 5, 2008
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Dec 5, 2008
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Dec 5, 2008
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Dec 5, 2008
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Dec 4, 2008
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Dec 4, 2008
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Dec 4, 2008
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Dec 3, 2008
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Dec 3, 2008
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Dec 16, 2007
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Jul 15, 2007
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