Bank of America Corp. is cutting 3,500 employees this quarter and working on restructuring plans that will ax several thousand more jobs, The Wall Street Journal and The New York Times reported citing people familiar with the situation....
Stories Related to Reports: Bank Of America To Ax 10,000 Or More Jobs
By The Associated Press, Associated Press
Thu, 08/18/2011 - 10:26pm
Topics: bank of america banks job cuts jobs restructuring
RELATED ARTICLES
- Obama to open middle-class jobs, opportunity tour
Aiming to show he's still focused on creating jobs, President Barack Obama is beginning a series of quick trips around the country to resurrect ideas from his State of the Union address that became overshadowed by the intense debates over gun control, immigration and automatic spending cuts. More - US home building is surging, but job growth isn't
The resurgent U.S. housing market has sent builders calling again for Richard Vap, who owns a drywall installation company. Vap would love to help - if he could hire enough qualified people. "There is a shortage of manpower," says Vap, owner of South Valley Drywall in Littleton, Colo. More - Unemployment falls to 7.5%; job creation solid in April
The job market plugged along steadily, and unemployment fell in April, according to new data out Friday, suggesting that the U.S. economy is still expanding. The nation added 165,000 jobs in April as the unemployment rate fell to 7.5 percent, from 7.6 percent in March, the Labor Department said on Friday. More - U.S. Jobless Claims Fall to 5-Year Low
The number of Americans seeking unemployment benefits fell to the lowest level in more than five years, a positive signal for the labor market ahead of Friday's April jobs report. More - Unemployment rates fall in 90 pct. of US cities
Unemployment rates fell in nearly 90 percent of large U.S. cities in March, though most of the declines likely occurred because more Americans stopped looking for work, rather than found jobs. More
BING NEWS:
- Buffett-backed Bank of America surges 36%
Warren Buffett’s Berkshire Hathaway has a significant stake in Bank of America. The bank’s stock has risen about 36% in 2024, but it still looks inexpensive compared to other stocks in the Dow Jones ...
12/20/2024 - 6:36 am | View Link - Bank of America Securities Sticks to Its Buy Rating for Catalyst Pharma (CPRX)
Bank of America Securities analyst Jason Gerberry maintained a Buy rating on Catalyst Pharma (CPRX – Research Report) today. The company’s ...
12/20/2024 - 5:40 am | View Link - (BAC)
As you can see from the chart above the percentage of shares that are sold short for Bank of America has declined since its last report. This does not mean that the stock is going to rise in the ...
12/18/2024 - 8:30 pm | View Link - Why money’s flowed into Bank of America bonds — and how a Fed pause in rate cuts may help financial firms
The Federal Reserve’s expected interest-rate cut Wednesday is seen as a potential boost for the banking sector, as corporate bond investors weigh prospects for the U.S.‘s money-center banks.
12/18/2024 - 4:58 am | View Link - Bank of America Securities Sticks to Their Buy Rating for Fox (FOX)
In a report released today, Jessica Reif Ehrlich from Bank of America Securities reiterated a Buy rating on Fox (FOX – Research Report), with a ...
12/17/2024 - 11:15 pm | View Link - More
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more