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GM To Cut 10,000 Salaried Jobs

Posted: 02/10/2009 - General Motors says it's cutting 10,000 salaried jobs, blaming the need to restructure the company amid the continued drop in new vehicle sales.

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MGP Ingredients Reports 2nd Quarter Loss

Posted: 02/10/2009 - MGP Ingredients Inc. said yesterday it swung to a second-quarter loss as its efforts to streamline operations cut into sales and racked up restructuring charges.

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Time Warner Cable To Lay Off 1,250

Posted: 02/04/2009 - Time Warner Cable Inc. says it is laying off 1,250 people over the next few weeks in the face of slowing growth at the nation's second largest cable operator.

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Exxon Mobil Breaks U.S. Record For Annual Profit

Posted: 01/30/2009 - Exxon Mobil is reporting a profit of $45.2 billion for 2008, breaking its own record for full-year earnings by a U.S. company, but fourth-quarter profits tumbled 33%.

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AOL Cutting 700 Jobs To Reduce Costs

Posted: 01/28/2009 - AOL has unsuccessfully attempted to shift from being an Internet access provider to an advertising-focused company.

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Sprint Cutting 8,000 Jobs

Updated: 01/26/2009 - The Overland Park-based company is eliminating about 8,000 positions in the first quarter as it seeks to cut annual costs by $1.2 billion.

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Microsoft To Slash 5,000 Jobs

Updated: 01/22/2009 - Microsoft says it will slash 5,000 jobs over the next 18 months as it reported an 11% drop in second-quarter profit.

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Toyota Outsells GM Globally

Posted: 01/21/2009 - General Motors sold fewer cars globally than Toyota last year, as the Japanese automaker passed the Detroit company for the first time.

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Retrenching Google Scraps Newspaper Ad Program

Posted: 01/20/2009 - Google is abandoning its attempt to sell print advertising on behalf of the struggling newspaper industry because the 2-year-old program wasn't paying off.

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