According to an article in the Dallas Morning News, Nokia Siemens Networks announced that it will implement 100 job losses in the Dallas area.  The company employs 900 Dallas residents and 64,000 workers worldwide. The job losses are a part of Nokia’s global reorganization designed to save more than $700 million by the end of [...]

According to an article in the Dallas Morning News, the Commerce Department reported that new home sales have dropped in September by 3.6 percent.  Some analysts expect that the drop off in sales is a result of potential homebuyers delaying their decision to buy a home due to the expiring tax credit which will end [...]

There’s an interesting article in the Dallas Morning News which quotes Kent Swig, a millionaire real estate developer who is struggling with a $28 million judgment on his condo conversion project. His comments were very revealing about how he and others like him view bankruptcy. Referring to his personal bankruptcy options, Swig said:
“We are [...]

According to an article in the Dallas Morning News, the national unemployment rate rose to 9.5 percent as employees suffered 298,000 job losses in August. But increased job losses and high unemployment hasn’t stopped many companies from enjoying higher productivity.
The article said:
“… U.S. worker productivity rose in the second quarter at the fastest pace in [...]

Six Flags continuing relationship with Chrysler, while Kimberly Clark plans for job cuts.
According to the Dallas Morning News, Irving based, Kimberly Clark, Inc., announced today that it would be cutting 1,600 non-production jobs.  The jobs represent about 3% of their total workforce.  The article states:
“These actions, while difficult, are necessary to help us emerge from [...]