Infrastructure

Nokia Could Cut 10,000-15,000 Jobs Worldwide - Union

Telecom network equipment maker Nokia is likely to cut 10,000 to 15,000 jobs globally as part of a cost-cutting program following its acquisition of Franco-American rival Alcatel-Lucent, a Finnish union representative said.

Nokia's Network Sales Miss Forecast, Ups Savings Target

Nokia's net sales of telecoms equipment fell more than expected in the first quarter and the Finnish company warned earnings in its mainstay business would decline this year due to weakening demand for mobile gear in key markets.

Nearly 40,000 Verizon Employees Begin Strike

Tens of thousands of Verizon Communications Inc workers walked off the job on Wednesday in one of the largest U.S. strikes in recent years after contract talks hit an impasse.

Deadly Amtrak Crash Occurred Despite Worker Safety Regulations

The deadly train crash that killed two Amtrak construction workers in Chester, Pennsylvania on Sunday morning occurred despite federal requirements that are designed to protect railroad employees performing maintenance work on the tracks.

Road Rage: Bumpy Highways Cost Americans

America’s roads are in desperate need of repair, while commuters and businesses are paying the price. But as FOXBusiness.com's Upgrading America series reports a debate is raging over highway funding, gas taxes and government waste.

How America Can Fight Back Against Cyber-Crime

Home Depot (NYSE:HD), Target (NYSE:TGT), Staples (NASDAQ:SPLS), Sony (NYSE:SNE) and Anthem (NYSE:ANTM) are just a few names of major corporations that have been hacked in recent years.