Investing

Today's Best Market Rumors (1/5/2011) Nokia Chairman, Pepsi Layoffs

Updated throughout the day.

Pepsico (NYSE: PEP) may cut 4,000 jobs (NY Post)

Eastman Kodak (NYSE: EK) is close to a Chapter 11 filing (WSJ)

Japan Air will raise $6.4 billion in an IPO (Reuters)

Congress has started an investigation about why credit rating firms did not do more to track MF Global investments (WSJ)

Nokia (NYSE: NOK) is likely to make Risto Siilasmaa, head of F-Secure Oyj, its next chairman

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