New losses at Alcatel-Lucent amid rehaul

Telecommunications equipment maker Alcatel-Lucent SA lost 200 million euros ($274,000) in the third quarter, including costs of restructuring efforts aimed at turning around the long-struggling company.

Taiwan's Acer reports Q4 net loss following write-down

Taiwan's leading personal computer maker Acer has announced a larger than expected fourth-quarter net loss after a write-down of the value of its brands, including Gateway and Packard Bell.

Amazon announces investment in France, sees 2,500 jobs

The US Internet giant Amazon said on Monday that it would open a fourth despatch centre in France with the likely creation of 2,500 jobs, as it negotiates a tax dispute with the French government.

Economist shows the value of moving back with mom and dad

Though many may dread the idea, young adults who move back home with mom and dad after a job loss may benefit from it more than they realize. Research published in the Journal of Political Economy finds that returning to ...

Gains in consumer confidence continue, depend on job growth

(Phys.org) -- Consumer confidence improved in each of the past nine monthly surveys, rising to its highest level this month since October 2007, according to University of Michigan economist Richard Curtin, director of the ...

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