The department-store operator is expected to announce plans to consolidate its regional operating divisions, and could lay off up to thousands of workers, a report says. More: continued here
The department-store operator is expected to announce plans to consolidate its regional operating divisions, and could lay off up to thousands of workers, a report says. More: continued here
Reports have the British drugmaker cutting 6,000 to 10,000 jobs. More: continued here
China’s main index bucked the trend rising 1.1% on a report the government is considering new steps to boost growth. More: continued here
The insurer is in discussions for the the U.S. government to backstop some of its troubled assets and is considering selling units through initial public offerings, a report says. More: continued here
The deal under discussion could significantly raise Chinalco’s share of Anglo-Australian miner Rio Tinto. More: continued here
The automaker is pressing Congress to waive a tax liability of as much as $7 billion related its overhaul., say reports. The bill could be enough to force the company into bankruptcy. More: continued here