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Cyberattack Disrupts Printing of Major Newspapers
Malware was focused on networks used by the Tribune Company, former owner of The Los Angeles Times. It was the first known attack on newspaper printing operations......»»
Elon Musk says Tesla needs a "complete organizational overhaul" to get to "the next level" amid mass layoffs at the company
"That said, our executive tenure is unusually high at well over 10 years at Tesla," Musk wrote on X. Tesla CEO Elon Musk.Grze.....»»
Whole Foods plans layoffs as part of reorganization involving merchandising, operations, HR, and tech teams
The company said it expects layoffs to impact a small percentage of employees and won't involve cuts from individual stores or distribution centers. Alex Tai/SOPA Images/LightRocket via Getty Images Whole Foods is layin.....»»
Adidas to move basketball operations to Los Angeles
The sportswear company,.....»»
Canadian National Derails Canadian Pacific-Kansas City Southern Deal With Higher Offer
The company starts a bidding war for largest North American railway networkRelated Stocks: CP, CNI, KSU,.....»»
Licensed pop culture apparel company to expand, add jobs in West Chester
A creator of licensed pop culture apparel and accessories plans to expand its operations in West Chester Township......»»
Helicopter maker"s warehouse move results in layoffs in Fairburn
The 3PL company that operates the warehouse said many of its employees have the opportunity to transition to other operations......»»
Mike Khouw Sees Unusual Options Activity In American Express
On CNBC's "Options Action," Mike Khouw said that he saw two times the average daily options volume in American Express Company (NYSE: AXP) on Thursday. read more.....»»
The LA Times Says Ad Revenue ‘Nearly Eliminated,’ the Industry Shudders
Newspapers are among the pillars of American democracy. Trouble at the Los Angeles Times shows just how much the industry is under siege......»»
Corning winds down manufacturing at Shizuoka LCD glass substrate facility
Corning has disclosed that its LCD glass substrate facility in Shizuoka, Japan will stop manufacturing operations by year-end 2020 to ensure the company's operations are aligned with the display industry's current business environment......»»
Boeing shares retreat 2% on temporary closure of South Carolina factory
Boeing Co. shares were down 2% in extended trading Monday after it announced it will temporarily suspend all 787 operations at its Charleston, S.C., factory, according to company officials. The suspension starts at the end of the second s.....»»
Fort Mill-based Domtar temporarily shuttering two mills, laying off hundreds in response to COVID-19 outbreak
A Fort Mill-based paper manufacturer is feeling the effects of the COVID-19 outbreak. Domtar Corp. (NYSE: UFS) said Monday it will suspend operations at two mills in the South for three months, resulting in hundreds of layoffs. The company is susp.....»»
AmEx to freeze hiring after sending 60,000 home to work remotely
American Express will freeze hiring after equipping more than 60,000 employees to work from home in response to the coronavirus pandemic. The company will avoid layoffs this year, Chief Executive... To view the full story, click the title link......»»
LXRandCo Reports Financial Results for the Fourth Quarter 2019 and the Full Year 2019, and Provides Update on the Possible Impact of Coronavirus (COVID-19) on its Operations
MONTREAL, March 26, 2020 /CNW/ - LXRandCo, Inc. ("LXRandCo" or the "Company") (TSX:LXR, LXR.WT)), a North American omni-channel .....»»
BorgWarner to suspend manufacturing operations, can"t estimate COVID-19-related impact
BorgWarner Inc. said Tuesday it plans to temporarily suspend manufacturing operations, particularly in North American and Europe, citing market conditions as a result of the COVID-19 pandemic. The company said it was not a.....»»
Give Boeing the Bailout It Doesn’t Deserve
It’s not easy to stomach the thought of a company so recently culpable for 346 deaths getting government cash, but mass layoffs would be devastating......»»
PVH to close all of its stores in North America, Europe for 12 days
PVH Corp. said Monday it will close all of its company-operated retail stores in North American and Europe, from March 17 through March 29. The branded apparel company, which brands include Tommy Hilfiger, Calvin Klein, I.....»»
U.S. oil companies prepare to slash spending
American oil producers are slashing their budgets for new operations for the rest of this year, which means far fewer new rigs, a painful downturn for dozens of oilfield services companies and the certainty of layoffs, from Texas to North Dakota......»»
Greater Cincinnati delivery service to close, lay off 105
An Illinois-based transportation company is shutting down its only facility in Greater Cincinnati, resulting in the layoffs of all 105 employees. Bear Down Logistics, located at 4520 Port Union Road in Fairfield, will cease operations April 13, accordin.....»»
EBay to report earnings as it starts fifth month without a permanent CEO
EBay Inc. is set to report fourth-quarter earnings Tuesday in one of the more tumultuous times in the company’s history, coming off of more than 100 Bay Area layoffs, several personnel changes on the executive leadership team and the potential sale .....»»