US non-farm payrolls increase less than projected

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Source: Forexpros
US non-farm private payrolls advanced less than initially expected last month, reported ADP. The non-farm employment increased by 170,000 on a seasonally adjusted basis last month, confronting the expectations of a 190,000 rise.  The non-farm payrolls increased by 292,000 in the preceding month.
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Thu, 02 Feb 2012 09:01:46 GMT

American Airlines to cut 13,000 jobs

American Airlines announced it would cut 15% of its payroll, or 13,000 jobs.  The AMR plans to reduce staffing costs by 20% to cut spending by USD 2 billion and increase revenue by USD 1 billion per year. The company that filed to protection against bankruptcy is ready to provide all due payments to its staff. The company is going

Thu, 02 Feb 2012 10:34:43 GMT

Deutsche Bank reports a 76% drop in profit

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