Retail chain Talbots will eliminate 370 jobs, 17% of the company’s work force, in a $150 million cost-cutting effort triggered by the slump in consumer…
Federal Way, Washington-based Weyerhaeuser reported today a wider Q4 loss and announced further job cuts. The forest-products company's net loss widened to more than $1.21…
Montreal's Bombardier, the world’s third-largest maker of commercial aircraft, says it plans to cut 1,360 jobs at its aerospace unit, or 4.5% of the division’s…
Wonderstruck Studios and SHM Partners have announced plans to invest $85.9 million in a new film, visual effects and animation studio in downtown Detroit, Michigan.…
The National Retail Federation believes the current Congressional stimulus bill promoted by President Barack Obama does not do enough to immediately stimulate consumer spending or…