ATS Automation Tooling cutting 150 jobs

CAMBRIDGE–ATS Automation Tooling Systems Inc. plans to trim five per cent of its workforce – or about 170 jobs – by next spring after […]

European economy to barely grow in ‘09

The European Commission forecast Monday that the economy in the 15 countries that use the euro will barely grow next year, expanding just 0.1% […]

All eyes on G7 as markets take fright

The world’s economic powers faced huge pressure on Friday to contain the financial crisis as panic selling swept through European and Asian markets amid […]

St. Louis brokerage houses feel shockwaves from Wall Street

A crazy and painful day on Wall Street rippled through St. Louis on Monday, creating mixed results.
The financial industry took repeated head shots […]

Nikkei falls 5 percent to 3-year low as Lehman failure bites

The benchmark Nikkei average slid 5 percent to a three-year low on Tuesday, with investors dumping shares across the board after Lehman Brothers’ collapse […]

Bye bye baggage claim

The skyrocketing price of fuel has already made it costly to fly, but now getting your luggage on board is pricier too, causing some […]

Disney wants higher valuation but Wall Street hesitates

Walt Disney Co is waging a campaign to convince investors that its product range and brand make it more valuable than media peers and […]

Merrill

News and information company Bloomberg LP could be a hotly contested asset if a stake went on the block, although the most likely buyer […]

Oil

Oil prices made their biggest-ever jump yesterday after a senior Israeli politician raised the spectre of an attack on Iran and the American dollar fell […]

U.S. consumer confidence near 16-year low

NEW YORK – Soaring gasoline prices and weakening job prospects left American shoppers gloomier about the economy in May, sending a key barometer of […]