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Economic Outlook: Blaming bankers
Monday, December 14
STOCKHOLM, Sweden, Sept. 12 (UPI) -- Swedish car company Volvo has announced it would layoff 900 workers, three months after it trimmed its workforce by 1,700.
Volvo recently said it would cut 1,200 workers at plants in Gothenburg and Olofstrom and 500 consultant positions.
"We looking at a redundancy of about 900 people on account of our lower sales. We need to fit into a new suit and can't afford to be adding to the team," Volvo spokesperson Olle Axelson told Swedish news agency Tidningarnas Telegrambyra.
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LAS VEGAS, Dec. 14 (UPI) --
Police say two bandits made off with around $36,000 in a daring armored car robbery outside a Las Vegas casino Monday.
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UNIVERSAL CITY, Calif., Dec. 14 (UPI) --
Recording artist Rihanna has been booked to perform on "NBC's New Year's Eve with Carson Daly" special in New York, the network said Monday.
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TOKYO, Dec. 14 (UPI) --
Japanese automaker Toyota Motor Corp. said it would be ready for a large scale release of a plug-in Prius vehicle by 2011.
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