New York (CNN Business) General Electric revealed plans on Tuesday to slash up to 1,044 jobs in France in a bid to halt the downward spiral of the conglomerate’s power business. The planned job cuts, which face stuff opposition from union leaders and …
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Ferrari said it would introduce the world to its new hybrid supercar at the end of May. Considering we’re just a couple days away from June, that means we should see it very soon. But first, Ferrari has a teaser. Ferrari on Tuesday posted a teaser for its …
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Husky Energy Inc. on Tuesday nearly doubled its free cash flow target over five years as it cut its planned capital spending at a time when investors have been calling on oil and gas companies to shore up capital for buybacks and dividends. Oil production …
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Alexis Tsipras is a cautionary tale for over-promising populists everywhere. No wonder investors are warming to the prospect of change in Athens. By.
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However, Meister, the new CFO, puts more of the blame for the poor share-price performance on the accounting impact of the new revenue
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