BUSINESS NEWS - UPDATE 3-Home Depot to cut 7,000 jobs, close Expo chain - Reuters BUSINESS NEWS - UPDATE 3-Home Depot to cut 7,000 jobs, close Expo chain - Reuters

Monday, January 26, 2009

BUSINESS NEWS - UPDATE 3-Home Depot to cut 7,000 jobs, close Expo chain - Reuters

ATLANTA, Jan 26 (Reuters) - Home Depot Inc ( HD.N ) said on Monday it was eliminating 7,000 jobs, or about 2 percent of its workforce, as the world's largest home-improvement retailer closes its Expo home design centers and cuts corporate support in New York Shares News

Oil prices were essentially flat Monday despite signs of a deepening recession that could further eat away at energy demand. Light, sweet crude for March delivery fell 24 cents to $46.23 on the New York Mercantile Exchange. Analyst Jim Ritterbusch in New York Shares News

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=FloOr2QVH92nE1t4LpJiOQ%3D%3D. You can use this link on the day this article in New York Shares News

NEW YORK (Dow Jones)--The Dow Jones-AIG Commodity Index decreased 3.42% for the month of January, Dow Jones Indexes said Monday in a press release. The three leading performing indexes were tin, with gains of 15.49%, lead, up 11.59% and sugar, which in New York Shares News

General Motors Corp ( GM ) Stock Quote , Chart , News , Add to Watchlist WASHINGTON (AP) - President Barack Obama wants automakers to make greener cars at a time when General Motors and Chrysler are hanging by the thread of a massive government loan in New York Shares News

OTTAWA -- Crude-oil futures ended lower Monday, tracking commodity and stock markets to fall back from a rally earlier in the day. Market momentum remains on the upside, however, and traders reckon a push toward $50 a barrel is likely in the next few in New York Shares News

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