Northern Trust Corporation (NASDAQ: NTRS) is supposed to be one of the premier trust bank operations that caters to the wealthy and to pension funds. The current economy and low rate environment appears to…
The count is growing… Weekly jobless claims as a figure is still headed the wrong way and still above that awful 400,000 line. The Labor Department reported that jobless claims in the last week…
The U.S. Labor Department has some data which may be a bit difficult to understand when you see unemployment is staying above 9% and when no new net non-farm payrolls were added for the…
When great CEOs leave a company, an entire corporate culture is at risk to change, even when the new CEO is the favored replacement. Tim Cook is said to be more than able to…
The jobs recession is afoot, as if you did not already know that. The Labor Department reported a dismal figure of ZERO on the change in non-Farm payrolls for August. Furthermore, the unemployment rate…
Weekly jobless claims from the Labor Department looks good on the surface, but it isn’t too good and it won’t give any great hope for Friday’s unemployment and payrolls data. The report shows a…
If you decided on a new career path today, wouldn’t you like to know which jobs will be in high demand and pay the most once you were out of school? To serve as…
Each month before the Labor Department issues its report on unemployment and in payrolls, we get a myriad of non-governmental forecasts that attempt to front-run the official government data. Sometimes these are accurate and…
Weekly jobless claims from the Labor Department are heading the wrong way again. The hopes have been growing that these would go back under 400,000. Not so… The weekly jobless claims rose by 5,000…
Since last April the news from American Superconductor Corp. (NASDAQ: AMSC) has been uniformly awful. The company’s largest customer refused to pay for shipments received in the second half of 2010 and canceled future…
The U.S. Postal Service will try to cut 120,000 to 220,000 workers; the number depends on the source of the information. The Washington Post was the first medium to report the agency’s plans. The…
The weekly jobless claims from the Labor Department are finally back under 400,000, barely. The report this week shows a drop of 7,000 to 395,000. Dow Jones was looking for about 400,000 in this…
The unions that have staged strikes against Verizon (NYSE: VZ) believe that the company does well enough in its ancient wireline business that they should remain well compensated. Verizon usually highlights its wireless operations…
About 45,000 Verizon (NYSE: VZ) workers have walked off the job after their contract expired and management and union failed to reach a deal. While 45,000 sounds impressive, it doesn’t come close to some…
Verizon (NYSE: VZ) faces a strike of 45,000 of its workers. Members of the Communications Workers of America and the International Brotherhood of Electrical Workers walked out because Verizon wants sharp cuts to offset…