Blackberry maker dropped from Nasdaq 100

Canadian company Research in Motion, the makers of BlackBerry telephones, will no longer be part of the Nasdaq 100 index, the market operator said Saturday on its web site.

Canadian company Research in Motion, the makers of BlackBerry telephones, will no longer be part of the Nasdaq 100 index, the market operator said Saturday on its web site.

Struggling BlackBerry maker Research In Motion said Wednesday it has started laying off employees as part of a restructuring plan aimed at saving about $1 billion this year.

Shares in BlackBerry maker Research In Motion fell below $10, the lowest point in nearly eight years, amid growing concerns about the outlook for the troubled smartphone maker.
NEW YORK—BlackBerry maker Research In Motion Ltd. is cutting 2,000 jobs as part of a cost savings plan announced last month and is shuffling some senior executives. The job cuts amount to about 10 percent of the company’s work force. The company said Monday it will notify affected employees this week. It expects to give [...]