Paper: Young workers hit hardest by slow hiring during recessions

The saying "Youth is wasted on the young" may ring hollow to young workers who were unable to find work or begin building a career during the Great Recession. When hiring slows during recessions, the brunt of job losses is ...

Rivals benefit as iPhone 4 delayed in S.Korea

With Apple's new iPhone beset by complaints about dodgy reception, the South Korean distributor is struggling to stop customers defecting to rival smartphones after a delay in its local release.

College job market to see slight rebound

The national job market for college graduates should rebound slightly next year as many large corporations end hiring freezes and small, fast-growth companies continue helping reshape the economy, according to Michigan State ...

Sony to cut 10,000 jobs, turn around TV business

(AP) -- Faced with mounting losses, Sony Corp. said Thursday it will slash 10,000 jobs, or about 6 percent of its global workforce, and try to turn around its money-losing TV business over the next two years.

Apple shares soar, edges ExxonMobil in market cap

Apple shares soared on Wednesday following blockbuster quarterly earnings and the California gadget-maker leapfrogged over ExxonMobil to become the largest US company in terms of market value.

Study: COVID speeds up human vs machine standoff over work

As automation and online work gain ground, organizers of the annual Davos forum are projecting employers will split work equally between machines and people by 2025, with the coronavirus pandemic accelerating changes in the ...

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