January 2011 Current Events: Business News
Here are the key events in business and science news for the month of January 2011.
Economy Adds 103,000 Jobs in December; Unemployment Dips to 9.4% (Jan. 7): The U.S. economy added 103,000 jobs in the month of December 2010, while the unemployment dipped just slightly, to 9.4% from 9.8% in November.
Steve Jobs Takes Leave of Absence (Jan. 17): Apple chief executive and co-founder Steve Jobs announces he will take a medical leave of absence. Jobs suffered from pancreatic cancer in the past, receiving surgery for the disease in 2004. He returned from his first leave of absence a year and a half ago after a liver transplant.
Google Co-Founder Larry Page Takes Over Chief Executive Post (Jan. 20): Larry Page, the co-founder of Google and the president of products, takes over the chief executive position at the company, a surprise move. Eric Schmidt has been the chief executive since 2001; he will remain at the company as executive chairman and Page's advisor.