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Industrial conglomerate Siemens AG said Tuesday it will cut 16,750 jobs, or 4.2 percent of its global work force, to streamline operations and slice nearly $2 billion in costs in the face of a slowing economy.
Guilty plea entered in UMBC corruption case
A Baltimore construction company's former general manager has pleaded guilty to charges stemming from a corruption probe at the University of Maryland, Baltimore County.
Wind turbine part plant to employ 355 in Chicago suburb
A Georgia-based company says it will open a plant employing 355 workers in the Chicago suburb of Elgin to produce wind turbine gear drivers. |
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