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Thomas Cook said it was willing to sell its profitable airline business to raise cash to fund its fight back from losses racked up in 2018 and to cope with a tough year ahead, sending the travel group's shares 12 percent higher......»»

Siemens Chief Financial Officer Ralf Thomas said the moderate sales decline expected by the German industrial company for its 2020 business year would mean a decline of up to 5%......»»

Celebrating its 138th year in business, Southside Market was founded the same year Thomas Edison turned on the first commercial electrical power plant in the United States, ushering in the electrical age. As part of Austin Business Journal’s inaugu.....»»

As Marathon Petroleum prepares to spin off Speedway LLC later this year, buyers for the gas and convenience chain are coming out of the woodwork. Two groups are evaluating acquiring the Clark County business, which is the largest company in the D.....»»

Occidental Petroleum has agreed to reduce its stake in Western Midstream to less than 50% this year and give up some control of Western's general partner. Oxy also sheds about $7.8 billion in debt,........»»

Occidental Petroleum has agreed to reduce its stake in Western Midstream to less than 50% this year and give up some control of Western's general partner. Oxy also sheds about $7.8 billion in debt,........»»

Britain's Financial Reporting Council (FRC) has added an extra year to its investigation into accountant EY's audit of Thomas Cook, the holiday company that collapsed in September leaving tens of thousands of people stranded abroad......»»

Alphabet's change of leadership should simplify the company's unorthodox management structure under new boss Sundar Pichai without creating unwanted turbulence in strategy at one of Silicon Valley's biggest names, Wall Street analysts said on Wednesday......»»

China's Fosun Tourism Group said on Friday it would acquire the Thomas Cook and related hotel brands for 11 million pounds ($14.25 million), in a bid to expand its presence in the tourism business......»»

Talks with potential strategic and private equity investors to rescue Thomas Cook's German tour business going well and many investors have expressed interest in the company as a whole or in its branches, the insolvent company's liquidator said......»»

The U.K.’s accounting watchdog opened an investigation into Ernst & Young’s audit of Thomas Cook Group Plc’s financial statements after the 178-year-old tour operator collapsed......»»

Fatou Jallow borrowed money this year to spruce up her beachside restaurant in Gambia, expecting the usual winter droves of European tourists keen to sample her hearty stews and spicy West African rice dishes......»»

The British parliament's business committee has launched an inquiry into the collapse of travel group Thomas Cook and will seek to question the management over issues such as executive pay and accounting practices......»»

There may also be deals available for American travelers, especially in towns that almost exclusively relied on Thomas Cook business......»»

Thomas Cook's German tour business filed for insolvency on Wednesday in a move aimed at separating its brands and operations from its failed parent, and said it was in talks with potential new investors......»»

Thomas Cook's Polish business Neckermann Polska said on Wednesday it was insolvent as the effects of the demise of the world's oldest travel firm spread to central Europe, leaving around 3,600 Polish tourists stuck abroad......»»

Some flights operated by Thomas Cook's Nordic business have been canceled or delayed as the subsidiary battles to survive the collapse of its parent company earlier this week......»»

Thomas Cook GmbH, the German unit of the insolvent British travel operator, on Wednesday filed for insolvency with a view to carving out its brands and businesses from their failed parent......»»

Thomas Cook's Nordic business said on Tuesday it would continue to operate as it is a separate legal entity from its London-listed parent, which collapsed on Monday, and it was looking for new owners......»»

The British government decided there was no point bailing out Thomas Cook as it would have been a waste of taxpayers' money to throw good money into a business that was not meeting the needs of its customers, the business minister said on Tuesday......»»