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Verizon Communications, the country’s biggest wireless carrier said today that because its second quarter profits fell 21%, it will be cutting more than 8,000 employees and contractor jobs by the end of the year. The measure is one of the most drastic cost cutting measures …

Del Monte Produce said today that its first quarter profits were down 45%. The chairman and CEO Mohammad Abu-Gahzaleh said that the company suffered because of severe weather in the regions of Coasta Rica and Guatemala where its pineapple and banana production facilities and crops …

There are plenty of stories floating around about the economy, rising costs of goods and even shrinking items at the grocery store. Many fast food places are even turning their dollar menu into a value menu. I was at Wendys to get a …