| Feb 6, 2014
| 4:58 PM
Sony Corp., a struggling electronics maker trying to regain its once stalwart status, is undertaking a major restructuring that includes the sale of its PC division, a spinoff of its TV business and layoffs of thousands of employees.
The Japanese tech...
| Feb 6, 2014
| 5:21 AM
As retailers began to layoff some of the employees they hired for the holiday season, planned layoffs across the nation increased in January, said outplacement firm Challenger, Gray & Christmas on Thursday.
But not in Florida, there were 812 announced...
| Feb 21, 2014
Livable wages and less income disparity are noble objectives that resonate with many people. President Obama has proposed that Congress raise the minimum wage as a way to meet those objectives. But there's a better way to improve wages, assist low-...
| Feb 18, 2014
| 11:57 AM
North Shore School District 112 officials argue the district's future looks bleak without closing four or even six of the district's 12 school buildings.
Members of the district's superintendent's citizen finance and facilities advisory committee have...
| Mar 17, 2014
| 11:09 AM
North Shore School District 112 and its teachers union aren't seeing eye to eye on some parts of the report that has served as the backbone of recent talks about the district's future – but union officials aren't against a move that would result...
| Oct 7, 2013
| 1:53 PM
Gov. Pat Quinn today indicated that hundreds of additional state workers could be temporarily laid off if there's no resolution to the federal government shutdown within the next several days.
That news from the Democratic governor came in a letter he...
| Mar 6, 2014
| 10:38 AM
Disney Interactive, the struggling video game and digital media subsidiary of Walt Disney Co., is cutting roughly 700 jobs worldwide, the company said Thursday.
The division is closing offices in Chicago, New Jersey, Colorado, South Korea and Hyderabad,...
| Jan 24, 2014
| 4:24 PM
Wal-Mart Stores Inc. is laying off 2,300 employees in its Sam’s Club division as it tries to make its workforce leaner.
In total, 2% of the 116,000 Sam’s Club employees in the U.S. will lose their jobs. Employees were being informed of the...
| Feb 18, 2014
| 12:09 PM
WASHINGTON -- Increasing the federal minimum wage to $10.10 an hour would cause the loss of about 500,000 jobs but would boost earnings for about 16.5 million low-wage workers, the Congressional Budget Office said Tuesday.
The report said that most low-...
| Feb 20, 2014
| 5:00 AM
The people who run KCET-TV see a solid future ahead. But the station's accountants aren't so sure.
KCETLink, the nonprofit organization that runs the independent public TV outlet based in Burbank, "has suffered recurring losses that raise substantial...
| Nov 27, 2013
| 7:36 AM
Layoffs appear to be easing as the number of people who filed for unemployment claims last week dropped by 10,000 to 316,000, the U.S. Labor Department reported Wednesday.
The number of initial unemployment claims has decreased in six of the last seven...