BRIEFCASE.Byline: -- Staff and Wire Services State's payroll jobs see record California added 36,900 payroll jobs in August, marking the first time total statewide employment has surpassed the 15 million mark, the state Employment Development Department said Friday. Strong growth in government jobs, tourism and manufacturing offset a loss of 3,800 construction jobs, the state said. California's share of national job growth also rose in August. The nation added 128,000 jobs during the month, bringing the state's share to 29 percent. California usually accounts for between 10 percent and 15 percent of national job growth, economists said. News Corp. swap report aids stock DENVER -- Shares of News Corp. inched up Friday amid speculation that it is in talks with Liberty Media Corp. about a complicated swap that would give News Corp.'s interest in DirecTV to Liberty in exchange for its stake in News Corp. CNBC CNBC Center for the Neural Basis of Cognition (artificial intelligence) CNBC Consumer News and Business Channel CNBC Congress of National Black Churches, Inc. and the online edition of the Wall Street Journal reported the potential swap late Thursday, based on information from unidentified people close to the situation. Representatives of News Corp., Liberty and DirecTV all declined comment Friday. Marsh, McLennan to slash 750 jobs NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Marsh & McLennan Cos. Inc., the world's biggest insurance brokerage, said Friday it will cut 750 jobs, consolidate some locations and revamp re·vamp tr.v. re·vamped, re·vamp·ing, re·vamps 1. To patch up or restore; renovate. 2. To revise or reconstruct (a manuscript, for example). 3. To vamp (a shoe) anew. n. its information technology structure to cut costs. Marsh & McLennan, which has struggled with profitability since it changed operating procedures after New York Attorney General Eliot Spitzer Eliot Laurence Spitzer (born June 10 1959 ) is an American lawyer, politician and the current Governor of New York. Spitzer was elected governor in the November 2006 election. in 2004 accused it of bid-rigging, said the actions announced Friday would save it roughly $350 million a year by the end of 2008. The 750 job cuts come on top of some 5,000 layoffs Marsh had made previously in the fallout fallout, minute particles of radioactive material produced by nuclear explosions (see atomic bomb; hydrogen bomb; Chernobyl) or by discharge from nuclear-power or atomic installations and scattered throughout the earth's atmosphere by winds and convection currents. of the Spitzer probe. Inflation slows with pump break WASHINGTON -- Inflation slowed last month as Americans finally got a break at the gas pump, lifting consumers' spirits and easing fears the country could stumble into recession. The Labor Department The Department of Labor (DOL) administers federal labor laws for the Executive Branch of the federal government. Its mission is "to foster, promote, and develop the welfare of the wage earners of the United States, to improve their working reported Friday that consumer prices rose just 0.2 percent in August, half the gain in July. With oil prices falling in September, economists predicted more good news ahead on inflation. That should bolster consumer spending Consumer demand or consumption is also known as personal consumption expenditure. It is the largest part of aggregate demand or effective demand at the macroeconomic level. and make a recession much less likely. Boeing defense growth overseas CHICAGO -- Boeing Co. expects international sales to grow to more than double last year's percentage of overall defense revenues over the next five years as the pace of U.S. military spending slows, the head of its defense business said Friday. Jim Albaugh cited numerous defense opportunities for the company in India -- including fighter jets, airborne early warning and control Air surveillance and control provided by airborne early warning aircraft which are equipped with search and height-finding radar and communications equipment for controlling weapon systems. Also called AEW & C. See also air picket. and anti-submarine warfare “A/S” redirects here. For the Danish stock company form, see Aktieselskab. “A/S” redirects here. For the Norwegian stock company form, see aksjeselskap. airplanes -- along with strong prospects in Japan, Korea, Singapore, Australia and various Mediterranean countries. |
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