Speculation that the company is very close to filing for bankruptcy caused shares of Sirius XM Satellite Radio fell 50% Wednesday afternoon. The shares fell…
Jeff Carney, senior managing director of Putnam Investments, announced on Thursday that the asset manager will undergo layoffs that will cut 260 jobs out of…
A report released on Wednesday by the Federal Reserve Bank in Minneapolis anticipates a continuation of job losses in the Upper Midwest throughout 2009. However,…
Muzak Holdings LLC has agreed to a debt restructuring with its major creditors and has submitted a plan for reorganization with the United States Bankruptcy…
Starbucks has issued more than 1,000 pink slips in its newest round of job cuts. About 870 assistant store managers were notified that their positions…