Brooklyn pharmaceutical giant Pfizer will acquire rival Wyeth for $68 billion. The boards of directors of both companies have approved the deal. Pfizer will cut…
Peoria, Illinois-based heavy equipment manufacturer Caterpillar is laying off 17,000 workers and buying out 2,500 others, to reduce costs in what it predicts will be…
Economists and staffing experts say that while other industries are cutting back and laying off employees, the health care industry is in dire need of…
House Speaker Nancy Pelosi is defending the Democratic plan to revive the economy and says Republican proposals will be judged by how well they create…
Hard financial times are boom times for public libraries, experts say, noting that scanning computerized job banks and filing résumés via the Internet largely have…
Tire manufacturer Bridgestone will cut about 800 jobs in the US to cope with weak sales. Tokyo's Bridgestone will stop making tires for passenger cars…
The studio who produced 2008’s highest grosser, The Dark Knight, will be cutting 10% of their employees. Warner Brothers Entertainment announced that they would be…