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Exclusive: Freddie Mac offers early retirement to 25% of workforce - sources

Freddie Mac has offered early retirement to around 25% of its staff as it begins to overhaul its workforce amid a broader push by the Trump administration to reform the housing finance giant, according to four people briefed on the matter......»»

Category: topSource: reutersDec 18th, 2019

Sweden opens Ericsson bribery probe after U.S. settlement: paper

Sweden's prosecution authority has opened an investigation into possible bribery by employees at mobile telecoms group Ericsson that came to light during a U.S. probe into corruption, daily Dagens Industri wrote on Thursday......»»

Category: topSource: reutersDec 12th, 2019

Ericsson to pay over $1 billion to resolve U.S. corruption probes

Swedish mobile telecoms company Ericsson has agreed to pay over $1 billion to resolve probes into corruption, including the bribing of government officials, the U.S. Department of Justice said on Friday......»»

Category: topSource: reutersDec 7th, 2019

Ericsson agrees to pay over $1 billion to resolve U.S. corruption probes

Swedish mobile telecoms company Ericsson has agreed to pay over $1 billion to resolve probes into corruption, including the bribing of government officials, the U.S. Department of Justice said on Friday......»»

Category: topSource: reutersDec 6th, 2019

EXCLUSIVE: Greater Cincinnati consulting firm will relocate

The company, a manufacturing consulting firm, has a comprehensive list of high-profile clients — namely General Electric, Dayton-Phoenix Group and Behr Dayton Thermal Products......»»

Category: topSource: bizjournalsDec 5th, 2019

Exclusive: White House considered kicking Huawei out of U.S. banking system - sources

The Trump administration considered banning China's Huawei from the U.S. financial system earlier this year as part of a host of policy options to thwart the blacklisted telecoms equipment giant, according to three people familiar with the matter......»»

Category: topSource: reutersDec 3rd, 2019

Government agitators: Legal duo uses freedom-of-information laws to help clients

Rejection is part of the routine for Buffalo attorney Michael Kuzma. And it only motivates him and paralegal Leslie Pickering to push harder......»»

Category: topSource: bizjournalsNov 29th, 2019

Exclusive: Huawei in early talks with U.S. firms to license 5G platform - Huawei executive

Blacklisted Chinese telecoms equipment giant Huawei is in early-stage talks with some U.S. telecoms companies about licensing its 5G network technology to them, a Huawei executive told Reuters on Friday......»»

Category: topSource: reutersOct 18th, 2019

Ericsson earnings top forecast as 5G takes off

Telecoms equipment maker Ericsson beat quarterly core earnings expectations on Thursday and lifted its market forecast for this year and its sales target for 2020, saying demand for superfast 5G networks was taking off earlier than expected......»»

Category: topSource: reutersOct 17th, 2019

Ericsson third-quarter tops forecast as strong 5G market boosts earnings

Telecoms equipment maker Ericsson reported quarterly core earnings well ahead of market expectations on Thursday and lifted its 2020 sales target citing a stronger 5G market and currency effects......»»

Category: topSource: reutersOct 17th, 2019

Ericsson third-quarter core profit tops forecast, lifts 2020 sales target

Telecoms equipment maker Ericsson reported quarterly core earnings far ahead of market expectations on Thursday and lifted its 2020 sales target citing a stronger market and currency effects......»»

Category: topSource: reutersOct 17th, 2019

Exclusive: Fintech firm Revolut to hire 3500 staff in global push with Visa

British-based digital banking app Revolut is set to hire around 3500 staff as it expands into 24 new markets thanks to a new global deal with payments giant Visa Inc, the two companies said on Monday......»»

Category: topSource: reutersSep 30th, 2019

Exclusive: Hedge fund D.E. Shaw to push for break-up of Emerson - sources

Hedge fund D.E. Shaw & Co is building a stake in Emerson Electric Co and is planning to push for changes, including a potential split-up of the U.S. industrial conglomerate, people familiar with the matter said on Friday......»»

Category: topSource: reutersSep 27th, 2019

Exclusive: In U-turn, Ford ditches plan to unify China sales system after partners push back

Ford Motor Co has scrapped a plan to create a unified national sales company for China that stoked mistrust of the automaker at its joint venture partners and contributed to a spectacular collapse in sales in the world's biggest car market......»»

Category: topSource: reutersSep 4th, 2019

EXCLUSIVE: Paycor"s new CEO has a plan to accelerate growth

Chief executive of one of Cincinnati's largest private companies expects significant increases in revenue, number of clients and workforce size......»»

Category: topSource: bizjournalsSep 3rd, 2019

Exclusive: Telia offers concessions as EU probes Bonnier deal: EU document

Swedish telecoms operator Telia has offered concessions to allow rivals fair access to its TV channels to address EU antitrust concerns about its $957 million bid for Bonnier Broadcasting, an EU document seen by Reuters showed......»»

Category: topSource: reutersSep 2nd, 2019

Exclusive: Bearing brunt of trade war, Singapore chipmakers cut jobs

Caught between a Sino-U.S. trade war, political concerns over Chinese telecoms firm Huawei and slowing consumer demand, chipmakers in Singapore have started slowing production and laying off hundreds of jobs, firms told Reuters......»»

Category: topSource: reutersJul 24th, 2019

Exclusive: Oakland startup Mynd buys real estate company

Oakland-based Mynd Property Management bought HomeUnion so its clients could invest more easily in the nation's most-promising rental markets......»»

Category: topSource: bizjournalsJul 22nd, 2019

Exclusive: Oakland startup Mynd buys real estate company in growing rivalry with Roofstock

Oakland-based Mynd Property Management bought HomeUnion so its clients could invest more easily in the nation's most-promising rental markets......»»

Category: topSource: bizjournalsJul 22nd, 2019

Exclusive: WeWork to host Wall Street analyst day in IPO push - sources

The We Company, parent of flexible workspace operator WeWork, plans to host an analyst day for Wall Street banks on July 31, as the company steps up its preparations for an initial public offering (IPO), people familiar with the matter said......»»

Category: topSource: reutersJul 18th, 2019