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22 Nov

Rolls-Royce to cut 2,000 jobs

Rolls-Royce plans to cut up to 2,000 jobs globally after reviewing the impact of the current economic “uncertainties”, the aerospace giant announced today. Approximately 140 of the job cuts will come in the UK. The firm said it had started consulting unions about the proposed job losses at its a ...

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33% of connected users to have a MID by 2011; but what’s a MID?

33% of connected users to have a MID by 2011; but what’s a MID?

According to the Institute for Mobile Markets Research (IMMR), come Q3 2011, 33-percent of the people who currently own or use a cellphone, smartphone or PC will have bought a MID [pdf link].  That’s quite a statement, considering Mobile Internet Device sales have been less than impressive up un ...

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Even more bad economic news: Jobless benefit claims hit 16 year high

This economic hole just keeps getting deeper and affecting more people:The number of U.S. workers filing new claims for jobless benefits rose by a larger than expected 27,000 last week to their highest level in 16 years, Labor Department data showed on Thursday, as a harsh economic environment force ...

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Daschle to Be Nominee for Health Post in Obama Cabinet

Tom Daschle, the former South Dakota senator, has accepted Mr. Obama’s offer to be Secretary of Health and Human Services, Democrats said. ...

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Boehner Keeps House GOP Leadership Post Despite Losses

Rep. John Boehner of Ohio has kept his post as the House Republican leader even after his caucus lost several seats in the Nov. 4 election. Boehner was challenged for the post by Rep. Dan Lungren, R-Calif., a conservative, Politico reported Wednesday. ...

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