After increases during 2007 and 2008 in the number of unionized workers, 2010 is following 2009 in showing a big drop. Governments now employ more union labor than the private sector does, but both categories showed declines in…
After several years of robust expansion, the leading branded pharma companies will see growth slow to just 1.3% from now to 2015, independent market analyst company Datamonitor said in a new report. The primary culprit: expirin…
Asian shares were mixed Monday. In China the Shanghai Composite Index fell 0.7% and in Hong Kong the Hang Seng Index edged down 0.3% as investors worried that inflation could rise further in the lead-up to Chinese New Year. How…
The U.S. Postal Service is considering closing 2,000 post offices across the country this year. This could put thousands of government employees out of work. A short-term win as part of deficit reduction could be a long-term lo…
Traders will be reading between the State of the Union’s lines to see what Obama’s new approach means for business and the market. And given stocks’ steady rise for the past eight weeks, profit-taking and choppy action should b…