UPDATED 7 MINUTES AGO   November 20, 2009

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FILE - In this May 12, 2008 file photo, the AOL Running Man logo decorates a coffee mug in AOL's New York office. AOL Inc., the struggling Internet company, said Thursday, Nov. 19, 2009, plans to cut about a third of its workers if its planned spinoff from Time Warner Inc. goes through. (AP Photo/Mark Lennihan, File)
By RACHEL METZ

SAN FRANCISCO (AP) — The struggling Internet company AOL plans to shed up to 2,500 jobs — more than a third of its work force — as it prepares to separate from Time Warner and finally sever their ill-fated marriage.

...
Verizon Wireless lays off former Alltel workers

LITTLE ROCK, Ark. (AP) — Verizon Wireless laid off more former Alltel Corp. headquarters workers Thursday, saying the jobs were redundant after its acquisition of the Arkansas-based...

CenturyLink gets deal with Louisiana

MONROE, La. (AP) — Telecommunications provider CenturyLink has agreed to add 350 jobs in Louisiana while maintaining its headquarters in the state for at least the next decade.

Gov....

Goldman Sachs, Buffett to help small businesses

NEW YORK (AP) — Goldman Sachs Group Inc. is teaming with billionaire investor Warren Buffett to invest $500 million to provide thousands of small business owners...

Va. inmate who killed 2 executed by electric chair

JARRATT, Va. (AP) — A former Army counterintelligence worker was executed by electric chair Tuesday for killing a Virginia couple, becoming the first U.S. inmate to die by...

Democrats promise jobs bill

WASHINGTON (AP) — House Democrats are looking at swelling deficits further, at least temporarily, on a jobs-producing bill in response to double-digit unemployment and a sense within their...

AP lays off employees to hit cost-cutting goal

NEW YORK (AP) — The Associated Press laid off an undisclosed number of news employees Tuesday as part of the cooperative's yearlong plan to cut worldwide payroll expenses by 10...

Probe continues in Chicago BOE president's death

CHICAGO (AP) — Divers returned to the Chicago River and investigators scoured cell phone records Tuesday as police declined to call the death of the city's school board president a suicide...

Concur Technologies CFO to retire

REDMOND, Wash. (AP) — Concur Technologies Inc. said Tuesday its chief financial officer, John Adair, plans to retire during fiscal 2010 to attend to family needs.

Concur's fiscal...

FACT CHECK: Guantanamo detainees and US prisons

CHICAGO (AP) — As the Obama administration considers a plan to move Guantanamo Bay detainees to prisons on U.S. soil, including possible sites in Illinois and Michigan, proponents...

Principal financial insurance executive to retire

DES MOINES, Iowa (AP) — The Principal Financial Group Inc. said Tuesday its president of insurance and financial services will retire at the end of this year.

John Aschenbrenner,...

Coldwater Creek finance chief resigning

SANDPOINT, Idaho (AP) — Coldwater Creek Inc. said Tuesday that its chief financial officer, Tim Martin, resigned to take a job at another company.

Martin's resignation is effective...

Another son of Gap founders joins its board

SAN FRANCISCO (AP) — Bill Fisher, son of Gap Inc. founders Doris and Don Fisher, will join the retailer's board to fill the seat left vacant when his father died in September.

The...

Dems, Republicans at odds over BofA, Merrill deal

WASHINGTON (AP) — A senior House Democrat says the government didn't force Bank of America to take over Merrill Lynch, but a bank board member said much pressure was...

Wright Medical names new chief financial officer

ARLINGTON, Tenn. (AP) — Orthopedic device maker Wright Medical Group Inc. said Monday it named Lance A. Berry senior vice president and chief financial officer, replacing outgoing...

Stock market improves SD trust fund payouts

PIERRE, S.D. (AP) — Stock market gains mean two trust funds likely will be able to contribute money to help support education and health care in next year's state budget, state Investment...

Heartland RV plans hiring 400 in northern Indiana

ELKHART, Ind. (AP) — A recreational vehicle company based in northern Indiana plans to hire more than 400 workers as it increases production.

Heartland Recreational Vehicles of...

Microsoft co-founder Allen treated for lymphoma

SEATTLE (AP) — Microsoft Corp. co-founder and billionaire investor Paul Allen has been diagnosed with non-Hodgkin's lymphoma and is undergoing chemotherapy.

In a memo sent...

Perdue makes jobs announcement from Dubai

ATLANTA (AP) — Gov. Sonny Perdue sent some good economic news home to Georgia from the Dubai Airshow.

Perdue said Monday that Wamar International is expanding its Georgia...

Colo. grocery workers set to vote on final offer

DENVER (AP) — Safeway and King Soopers say they've given union workers their last, best, final contract offer.

Workers represented by United Food and Commercial Workers Local 7 were...

Fatal ammonia release at CF terminal kills driver

NEW YORK (AP) — CF Industries Holdings Inc. said a fatal release of anhydrous ammonia at its Pine Bend, Minn., terminal killed one truck driver and injured another.

Late Monday...

Lazard names insider Jacobs as CEO and chairman

NEW YORK (AP) — Lazard Ltd. on Tuesday appointed Kenneth M. Jacobs as CEO and chairman, choosing a longtime executive at the investment advisory firm to fill vacancies from last...

GMAC CEO Alvaro de Molina steps down

NEW YORK (AP) — GMAC Financial Services says Alvaro de Molina has stepped down as CEO, a surprise departure that comes as the troubled auto lender remains in negotiations with the...

Ahead of the Bell: Bank of America, Merrill Lynch

WASHINGTON (AP) — A House oversight panel is examining the $45 billion federal bailout of Bank of America Corp. and its shotgun acquisition of Merrill Lynch & Co. last year at the height...

Obituaries in the news

Bobby Frankel

LOS ANGELES (AP) — Bobby Frankel, a gruff Hall of Fame trainer who possessed a gift for coaxing top performances out of ornery, high-strung thoroughbreds, died of...

Ill. town would rather get Gitmo prisoners

THOMSON, Ill. (AP) — Some folks in this dying Mississippi River town would rather take their chances with suspected terrorists in their backyard than watch...

Report: Companies not reporting all injuries

WASHINGTON (AP) — Some employers are pressuring workers not to report illnesses and injuries, just one problem that has led to widespread underreporting of workplace safety issues,...

Beazer, Merck, Citigroup, Lowe's are big movers

NEW YORK (AP) — The following stocks were among those that moved substantially or traded heavily Monday on the New York Stock Exchange:

NYSE:

Beazer Homes USA Inc., down 35...

Key dates in the history of Comcast Corp.

Key events in Comcast Corp.'s history:

1963 — Ralph Roberts buys American Cable Systems, a 1,200-subscriber cable TV operator in Tupelo, Miss., for $500,000.

1969 — Company...

Wright Medical names new chief financial officer

ALRINGTON, Tenn. (AP) — Orthopedic device maker Wright Medical Group Inc. said Monday it named Lance A. Berry senior vice president and chief financial officer, replacing outgoing...

Mich. caseworkers worry about threats from clients

LANSING, Mich. (AP) — One frustrated client hurled a piece of concrete through the window of a welfare agency. Another threw her car keys at a welfare...

Turning a holiday job into a permanent position

NEW YORK (AP) — As companies hire extra workers for the holidays, some of these seasonal employees are already wondering: How do I turn this temporary position into something permanent?...

Terra urges shareholders to re-elect board

SIOUX CITY, Iowa (AP) — Terra Industries Inc. urged shareholders Monday to re-elect its board of directors and reject three people nominated by rival CF Industries Holdings Inc., which has...

Allstate names Lacher to head P/C business

NORTHBROOK, Ill. (AP) — Allstate Corp. said Monday that an executive from rival Travelers Cos., Joseph P. Lacher Jr., has been named president of Allstate's property and casualty...

Judge paves way for trial in Cintas wrongful death

TULSA, Okla. (AP) — A federal judge has denied a request by Cintas Corp. for summary judgment in a 2007 wrongful death lawsuit in Tulsa, a ruling that paves the way for a jury to hear the...

Jack in the Box names COO from within

SAN DIEGO (AP) — Jack in the Box Inc. said Monday it promoted its vice president of operations, Leonard Comma, to be its chief operating officer effective Feb. 1.

In September, the...

Americredit names gaming exec Sturges to board

FORT WORTH, Texas (AP) — Auto financing company Americredit Corp. said Monday it named Robert Sturges, head of Nevada Gold & Casinos Inc., to its board of directors.

Sturges has...

Lockheed Martin realigns Electronic Systems unit

WASHINGTON (AP) — Lockheed Martin Corp. announced Monday a reorganization of its Electronic Systems business, including appointing a new head of the division, which makes the Aegis...