Wachovia Corp, the fourth-largest U.S. bank, on Tuesday posted an $8.86 billion second-quarter loss, slashed its dividend and announced the elimination of more than 10,700 jobs after losses tied to mortgages soared.
news.yahoo.com/s/nm/20080722/ts_nm/wachovia_result...
Wachovia Corp. lost $8.86 billion in the second quarter, and said Tuesday it was slashing its dividend and cutting 6,350 jobs after losses tied to mortgages soared.
news.yahoo.com/s/ap/20080722/ap_on_bi_ge/earns_wac...
July 22 (Bloomberg) -- JetBlue Airways Corp. plans to reduce seating by as much as 9 percent in the fourth quarter and cut an unspecified number of jobs to counter record fuel prices after the discount carrier posted a $7 million quarterly loss.
www.bloomberg.com/apps/news?pid=20601103&sid=aJmYj...
The towering role of Steve Jobs at Apple was underscored this week when concerns about his health contributed to a sudden plunge the company's stock. More Apple news
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A double-dose of worrisome issues on Apple Inc.’s conference call -- including lingering concerns about the health of its legendary chief executive Steve Jobs -- spooked investors.
www.marketwatch.com/enf/rss.asp?guid=%7B7385DEF6-F...
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