Gold collar jobs

By r. brock pronko Regional Business Analyst [img_assist|nid=7639|title=|desc= Riggs Industries & Subsidiaries in Somerset County is one of several Pennsylvania manufacturers left with job openings. read more Read More (External Link to PABusinessCentral.com)

Indian startup founders take 100% pay cut as they slash jobs

The top two executives at one of India’s biggest startups are giving up their salaries. Kunal Bahl and Rohit Bansal, the founders of e-commerce giant Snapdeal, told employees that they would take a 100% pay cut as they lay off hundreds of workers in a bid to make a profit, a source at the company […]

Women take three top jobs in Saudi finance

Women are breaking the glass ceiling in Saudi finance. Three top jobs in banking and financial markets have been filled by women within the last week. One of Saudi Arabia’s top banks, Samba Financial Group, appointed Rania Nashar as chief executive officer on Sunday. Saudi-owned Al Arabyia TV reported Monday that another bank, Arab National […]

Trump and jobs: A running fact check

Once again, President Trump has taken credit for the creation of thousands of jobs, and for helping keep jobs in the United States. “If I didn’t get elected, believe me, they would have left, and these jobs and these things that I’m announcing would never have come here,” he said at his press conference Thursday. […]

Credit Suisse to cut up to 6,500 jobs after reporting $2.4 billion loss

Credit Suisse said Tuesday that it plans to cut up to 6,500 jobs after suffering a loss of 2.4 billion Swiss francs ($2.4 billion) in 2016. The Zurich-based lender said the bulk of the loss resulted from a $2 billion provision it made for a settlement with the U.S. Department of Justice. The Justice Department […]

Emirates Airline: We support more than a million U.S. jobs

Gulf airlines are fighting back hard against claims they’re destroying American jobs. They say the opposite is true. American Airlines, Delta and United want President Trump’s administration to review agreements that allow their Gulf rivals to fly freely from the United Arab Emirates and Qatar to any U.S. destination. They say Emirates, Etihad and Qatar […]

Trump’s move on Iran could cost jobs at Boeing

Boeing’s $8 billion deal to sell 80 jets to Iran Air was already in trouble before President Trump took office. Now it’s even more in doubt. And that could mean trouble for American factory workers whose jobs depend on that sale. Trump has long been harshly critical of the Iran nuclear deal which allowed the […]

U.S. economy adds a strong 227,000 jobs in January

The U.S. economy picked up in 2017 right where it left off in 2016. America added 227,000 jobs in January, well ahead of December’s gain of 157,000 jobs. The unemployment rate ticked up a bit to 4.8%. More Americans started looking for work again — a good sign — which explains the small increase in […]

Jobs report; Trump meets his CEO team; Amazon stumbles

1. Jobs report: The first U.S. employment report of the Trump era is out and it’s better than expected. Labor Department statistics showed the U.S. economy added 227,000 new jobs in January. The unemployment rate ticked up a bit to 4.8%. Economists had been expecting only 175,000 new jobs in January. President Trump has slammed […]

Trump’s first jobs report: 3 things to know

The Trump economy is here. Labor Department officials will publish the January jobs report at 8:30 a.m. ET on Friday. It will be the first employment report to publish under President Trump. Here are 3 things to know before the numbers come out on Friday. 1. Another solid month: Economists forecast the economy added 175,000 […]

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