More than 1,000,000 jobs pay more than $500,000 per year in the U.S. Silicon Valley has the highest share of high-paying jobs. Cost of living skews the study.

For a second year, nurse practitioner is the best job to have in the United States, U.S. News & World Report says in its new ranking of the best professions around the country. The news magazine cited its attractive median salary ($126,

U.K.-based oil company BP is cutting 4,700 jobs worldwide and a further 3,000 contractor roles as part of a cost-saving drive. In an email to staff on Thursday that has been seen by The Associated Press,

Confirming the job losses, the FTSE 100 company said the reduction in its workforce was down to cost cutting measures.