Medical-device company rocked by layoffs

by -NO AUTHOR- -- (COMMERCIAL APPEAL) Smith & Nephew has laid off nearly 100 employees across its units in Tennessee and Massachusetts, the company said Thursday. The company's Orthopaedic Reconstruction unit is more…

Dow briefly climbs above 14,000

by -NO AUTHOR- -- (CNBC) Major benchmarks rallied strongly on Friday, momentarily pushing blue-chip stocks above the closely watched psychological barrier of 14,000 intraday as investors reacted to encouraging news about U.S. more…

Economy adds 157,000 jobs in January

by -NO AUTHOR- -- WASHINGTON (AP) — U.S. employers added 157,000 jobs in January, and hiring was much stronger at the end of 2012 than previously thought, providing reassurance that the job more…

Burger King admits serving horse meat

by -NO AUTHOR- -- (London Daily Mail) Burger King has tonight admitted that it has been selling burgers and Whoppers containing horsemeat despite two weeks of denials. The fast food chain, which more…

Walmart limits ammo sales after demand surges

by -NO AUTHOR- -- (Reuters) Walmart has started to limit sales of ammunition to three boxes per customer per day due to limited supplies, a spokeswoman said on Wednesday. Sales of guns more…

When Junior needs car insurance

by Dave Ramsey -- Dear Dave, I'm divorced and have a teenager who will be driving soon. What would be the best way to set up insurance for the child? Mike Dear more…

Labor unions turning sour on Obamacare?

by -NO AUTHOR- -- (WALL STREET JOURNAL) Labor unions enthusiastically backed the Obama administration's health-care overhaul when it was up for debate. Now that the law is rolling out, some are turning more…

'Sandwich generation' supporting kids, parents

by -NO AUTHOR- -- (NPR) If you're the economic pillar for both your kids and your parents, you're not alone. One-in-seven adults financially support both their parents and their kids at the more…

Obama shuts down Jobs Council

by -NO AUTHOR- -- (WASHINGTON TIMES) With more than 12 million Americans still out of work, President Obama has decided to shut down his Jobs Council. A White House official confirmed Thursday that Mr. Obama won’t extend more…