Top 10: Money woes redux, more malware, shopping jam

We're just about out of another woeful week as far as economic news goes, what with AT&T and Adobe Systems joining the ever-growing list of companies slashing jobs and Research In Motion and Advanced Micro Devices giving notice that quarterly revenue either will not reach forecasts or will drop. New malware targeting Firefox users was in the news, too. One positive note was that early online holiday-season shopping was robust. But there was a negative side to that as well -- the influx of e-shoppers caught some major online stores off guard and their systems couldn't handle the traffic.

1. AT&T to cut 12,000 employees through 2009 and Wall Street Beat: Hardware taking brunt of recession: Let's get the baddest of the bad news out of the way first -- AT&T will axe 12,000 employees from its payroll through next year as it reorganizes. Word of the layoffs came the same day that Adobe Systems said it is cutting 600 jobs and Advanced Micro Devices warned that its third-quarter revenue is likely to drop 25 percent compared to a year ago. The day after, Research In Motion said preliminary quarterly financial results are not going to reach the levels it previously forecast. If you want the rest of the grim news, click on the story links. Undoubtedly, next week will bring more dismal doings from recession land.

2. Firefox users targeted by rare piece of malware: BitDefender researchers have discovered new malware that identifies financial and money-transfer sites, including PayPal, and then collects passwords to those sites, but is aimed only at Firefox users.

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