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Auto Outlook: Toyota bullish on U.S. comeback
OVERLAND PARK, Kan., Nov. 10 (UPI) -- U.S. telecommunications giant Sprint Nextel said it would reduce its payroll by up to 2,500 workers due to falling revenues.
A majority of the jobs scheduled to end would be eliminated by the end of the year, Sprint said.
Sprint cut 8,000 jobs in January, making the recent announcement the second major reduction in the same calendar year, The Kansas City Star reported Tuesday.
In the latest cuts, Spring said it would save $350 million in operational costs. From January's cuts, Sprint said it would save $1.2 billion.
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BOGOTA, Feb. 14 (UPI) --
Colombia's energy industry is heading toward a price fall because of oversupply of electricity, which could bodes ill for the expanding power generation sector.
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SINGAPORE, Feb. 14 (UPI) --
The first international version of Raytheon's APY-10 maritime surveillance radar is to be installated on a P-8I patrol aircraft being built for the Indian navy.
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Compared to whites, greater shares of both black and Hispanic young adults say owning their own home is among their top priorities. While 25 percent of blacks and 26 percent of Hispanics say owning a home is of the highest importance in their lives,...
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President Barack Obama has revealed a budget that, once again, will give the Republican party a chance to show that vitriol is more fun than compromise.
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