News in U.S.: Finance Sectors Could See Big Contracts and Big Job Cuts
September 19, 201310 hour standoff ends in arrest of suspect
http://www.kansascity.com/2013/09/19/4493180/charges-filed-after-op-standoff.html
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Colorado still grappling with flood water aftermaths
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Colorado still grappling with flood water aftermaths
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Finance related stories written by the newsdaily.com:
New York awards commuter railcar contract worth up to $1.8 billion
Wednesday Sep 18, 2013 | Reuters
(Reuters) - New York plans to spend up to $1.83 billion to build hundreds of electric commuter railcars at a plant in Yonkers that is expected to employ as many as 1,500 people, Governor Andrew Cuomo announced on Wednesday.
Full story and source: http://www.newsdaily.com/united-states/697982befa4d88c8c133e463b534c0ee/new-york-awards-commuter-railcar-contract-worth-up-to-18-billion
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Report: BlackBerry could cut 40 pct of workforce
Wednesday Sep 18, 2013 | The Associated Press
BlackBerry could cut up to 40 pct of workforce by the end of 2013, Wall Street Journal reports
NEW YORK (AP) — Struggling smartphone maker BlackBerry could cut its workforce by up to 40 percent by the end of the year, The Wall Street Journal reported Wednesday.
Citing unidentified people familiar with the matter, the newspaper said that the Canadian company plans to make the cuts through layoffs that will occur in all of its departments, potentially affecting several thousand people.
When contacted by The Associated Press later on Wednesday, BlackBerry released a statement saying that it wouldn't comment on "rumors and speculation."
"As previously stated, we are in the second phase of our transformation plan. Organizational moves will continue to occur to ensure we have the right people in the right roles to drive new opportunities in mobile computing," BlackBerry said.
Full story and source: http://www.newsdaily.com/canada/411305ee2224420d51eb3e7e0ca71c9b/report-blackberry-could-cut-40-pct-of-workforce
Posted by HCN.
