HELSINKI (AP) - Nokia says it will slash 10,000 jobs and close plants as the ailing company fights fierce competition, and gave a grim outlook for most of the year, causing its shares to plummet 18 percent to close at €1.83 ($2.30).
DETROIT (AP) - Back when gas was cheap, Americans bought cars with V-8 engines like the Big Block, Cobra Jet and Ramcharger. Acceleration was all that mattered, even in family cars that never made it to full throttle.
WASHINGTON (AP) - JPMorgan Chase CEO Jamie Dimon told Congress on Wednesday that senior bank executives responsible for a $2 billion trading loss will probably have some of their pay taken back by the company.
CHICAGO (AP) - Women physician-scientists are paid much less than their male counterparts, researchers found, with a salary difference that over the course of a career could pay for a college education, a spacious house, or a retirement nest egg.
WASHINGTON (AP) - A Senate plan to lift Cold War restrictions on trade with Russia drew immediate resistance from Senate Republicans who said Congress must first address Russia's poor human rights record and existing economic and political policies.
NEW YORK (AP) - Verizon Wireless, the nation's largest cellphone company, is phasing out nearly all of its existing phone plans and replacing them with pricing schemes that encourage customers to connect their non-phone devices, like tablets and PCs, to the Verizon network.
WASHINGTON (AP) - The Great Recession shrank Americans' wealth so much that in 2010 median family net worth was no more than it had been in 1992 after adjusting for inflation, the Federal Reserve reported Monday.