Layoffs

December 07, 2017 - 1:04 pm
FINANCIAL MARKETS Stocks gain NEW YORK (AP) — Stocks are higher in midday trading on Wall Street, putting the Standard & Poor's 500 index on track for its first gain in five days. Technology, industrial stocks and banks are up more than the rest of the market. Facebook, Boeing and Wells Fargo...
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November 29, 2017 - 11:30 am
T25 COLLEGE FOOTBALL-MISSISSIPPI STATE-MOORHEAD AP source: Penn State's Moorhead to be next Miss State coach UNDATED (AP) — Mississippi State has hired Penn State offensive coordinator Joe Moorhead as its football coach. The school officially announced the hiring on Wednesday morning. The 44-year-...
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FILE - This Sept. 16, 2013, file photo shows the ESPN logo prior to an NFL football game between the Cincinnati Bengals and the Pittsburgh Steelers, in Cincinnati. ESPN says it is eliminating 150 studio and production employees as the sports broadcasting giant continues to shift its focus to a more digital future. The company says the layoffs, which were announced Wednesday morning, Nov. 29, 2017, in a memo to employees, don't include on-air talent and will have a minimal impact on the network's signature SportsCenter news program. (AP Photo/David Kohl, File)
November 29, 2017 - 10:09 am
BRISTOL, Conn. (AP) — ESPN is eliminating 150 production and technical employees as the sports broadcasting giant continues to shift its focus to a more digital future. The company says the layoffs, which were announced Wednesday morning in a memo to employees, don't include on-air talent and will...
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November 29, 2017 - 8:50 am
NBA-SCHEDULE James ejected, but Cavs still win CLEVELAND (AP) — The Cleveland Cavaliers were able to continue their winning streak despite the first ejection of LeBron James' NBA career. Kevin Love poured in 32 of his 38 points in the first half as the Cavs won their ninth in a row, downing the...
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A view of a packed car park at a popular shopping mall in Lomianki, near Warsaw, in Poland, on Black Friday, Nov. 24, 2017. Poland's lawmakers on Friday approved a law that will phase out Sunday shopping by the year 2020 despite criticism that it may eliminate thousands of jobs. (AP Photo/Czarek Sokolowski)
November 24, 2017 - 6:36 pm
WARSAW, Poland (AP) — Poland's lawmakers on Friday approved a law that will phase out Sunday shopping by the year 2020 despite criticism that it may eliminate thousands of jobs. Proposed by trade unions that want shop and trade workers to spend more time with their families, the bill got support...
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October 27, 2017 - 1:37 pm
FINANCIAL MARKETS Stocks climb NEW YORK (AP) — Technology companies are leading a stock market rally at midday as investors applaud third-quarter reports from big names including Microsoft and Google's parent company Alphabet. Traders are also cheering a report that showed the U.S. economy grew by...
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People walk outside the Nike SoHo store, Thursday, June 15, 2017, in the SoHo neighborhood of New York. Nike said Thursday that it plans to sell more shoes directly to customers online as part of a restructuring in which it plans to cut about 1,400 jobs. It will also reduce the number of sneaker and clothing styles it makes by a quarter and focus on hot sellers. (AP Photo/Michael Noble Jr.)
June 15, 2017 - 7:51 pm
NEW YORK (AP) — Nike wants to be more nimble on its feet. The sneaker maker said Thursday that it plans to focus on the hottest-selling sneakers, slash the number of styles it offers and sell more shoes directly to customers online as part of a restructuring in which it also will cut about 1,400...
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April 26, 2017 - 7:25 pm
NEW YORK (AP) — ESPN is laying off about 100 employees, including former athletes-turned-broadcasters Trent Dilfer, Len Elmore and Danny Kanell, in a purge designed to focus the sports network on a more digital future. The cuts will trim ESPN's stable of on-air talent and writers by about 10...
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