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Jazz Air eliminating 270 jobs, cutting service
Regional carrier Jazz Air LP, based in Halifax, said Thursday it is cutting 270 jobs and trimming its capacity by five per cent in the wake of cutbacks announced last month by Air Canada.
CBC.ca

U.S. cuts jobs for 6th month
WASHINGTON (Reuters) - U.S. employers cut workers from their payrolls for the sixth straight month in June for the country's longest losing streak since 2002, while the unemployment rate held steady at 5.5 percent, government data on Thursday showed.
Reuters

In Salt Lake City, Delta fight, destination cuts have not hit home -- yet
Last year, Delta Air Lines was clamoring to add routes from Salt Lake City International Airport. Now, because of raging fuel prices and falling passenger numbers, Delta is scrambling to cut back.
The Salt Lake Tribune

Employers cut jobs for 6th straight month
Employers cut payrolls by 62,000 in June, the sixth straight month of nationwide job losses, underscoring the economy's fragile state. The unemployment rate held steady at 5.5 percent. The latest snapshot of business conditions, released by the Labor...
San Francisco Chronicle

L.A. Times Newsroom to Shrink by 150 Jobs
The decision to eliminate more than one-sixth of the newsroom staff and publish 15 percent fewer pages is the deepest of a series of cuts at the Tribune Company as it tries to stay afloat.
NYtimes.com

Tighter rules on derivatives
THE Financial Services Authority is to introduce stronger disclosure rules on derivative positions used to build stakes in companies.
Scotsman

L.A. Times To Cut 250 Jobs; 150 Are New
A continuing industrywide slump in ad sales is forcing the newspaper into the cuts, says the editor.
CBS News

Coal prices plunge as traders take profits
Coal prices have tumbled from record highs earlier this week as buyers sit on their hands, setting off a scramble by hedge funds to liquidate speculative positions.
Telegraph

Nvidia throws itself under the bus with chip defect, delays and lost sales
The $200m laptop failure surpriseNvidia issued some somber news for shareholders today, revealing a financial forecast cut short due to slowing sales, a delayed ramp for new product, and a hefty payout due to faulty laptop chips..
Theregister.co.uk

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Archived "business - positions cut" news stories.

Available news archives.

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