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Sharp to cut 5,000 jobs as quarterly loss worsens

Sharp to cut 5,000 jobs as quarterly loss worsens | Washington Employment | Scoop.it
Japanese electronics maker Sharp Corp. is slashing 5,000 jobs over the next year, or nearly 9 percent of its global workforce, after its quarterly loss ballooned from a year earlier.
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Oil drops near $87; natural gas falls 8 pct.

Oil drops near $87; natural gas falls 8 pct. | Washington Employment | Scoop.it
The price of oil dropped near $87 per barrel Thursday after the head of the European Central Bank disappointed investors by failing to take immediate action to prop up the eurozone economy.
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Tacoma mail facility to close - Bellingham Herald

"Say goodbye to mail postmarked Tacoma or Olympia along with 168 South Sound postal jobs if a plan unveiled Thursday comes to fruition."

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GM profit falls 41 percent on weakness in Europe

GM profit falls 41 percent on weakness in Europe | Washington Employment | Scoop.it
A big loss in Europe dragged down General Motors' second-quarter profit.
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Treasurys rise after European Central Bank whiffs

Treasurys rise after European Central Bank whiffs | Washington Employment | Scoop.it
Treasury prices are rising after the European Central Bank failed to impress traders with the latest scheme to defuse the region's debt crisis.
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