| Dec 4, 2013
| 3:08 PM
Saks Inc. warned state regulators Wednesday that it plans to lay off 191 employees in Aberdeen starting Jan. 3, a move the company said comes as a result of its November acquisition by Hudson's Bay Co.
Some of the work at the Saks complex, which includes...
| Dec 7, 2013
WASHINGTON — A surprisingly robust gain in new jobs last month helped drop the unemployment rate to a five-year low, fueling optimism about the nation's economic recovery and raising the prospect that the government may finally start to ease a key...
| Dec 10, 2013
| 8:30 AM
Redbox president Anne Saunders has left the DVD kiosk operator, as parent company Outerwall restructures its business with plans to lay off 8.5% of its employees.
"These actions are consistent with the plans we outlined earlier this year and ensure...
| Dec 19, 2013
| 5:28 PM
Andrew Biggs of the American Enterprise Institute, whose disdainful take on the plight of older workers I described this week as "fatuous and flatly untrue," defended his position Thursday as "substantively ... correct."
We can't both be right on this,...
| Dec 21, 2013
| 11:46 AM
To understand how unevenly the recession and recovery rippled across Maryland, consider its economic extremes.
At one end, there's Anne Arundel County. Its employment base was 7 percent larger this spring than it was five years earlier, a gain of 17,000...
| Feb 6, 2014
| 1:10 PM
Sony Corp. is exiting the PC market, announcing Thursday that it was selling its Vaio personal computer division.
The Japanese company said the move came after a "comprehensive analysis of factors, including the drastic changes in the global PC...
| Feb 7, 2014
| 6:29 AM
The U.S. economy created a disappointing 113,000 new jobs in January, the Labor Department reported Friday. Analysts expected nonfarm payrolls to increase by 185,000 jobs last month.
The unemployment rate fell again to 6.6 percent. the lowest level...
| 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 10, 2014
| 3:30 PM
Illinois employers announced they would lay off more than 500 workers in the coming weeks, according to notices filed with the Illinois Department of Commerce and Economic Opportunity.
Specialty Foods Group Inc., meat manufacturer, said it would...
| Feb 13, 2014
| 7:15 PM
After months of contentious negotiations that culminated in a strike by county social workers in December, Los Angeles County employees represented by Service Employees International Union Local 721 voted to approve a new labor agreement.
| Feb 21, 2014
| 1:59 PM
At least three key executives are expected to leave or have already left the Los Angeles County Metropolitan Transportation Authority after their jobs were eliminated to make the agency less top-heavy, Metro confirmed on Friday.