HP Inc. is embarking on yet another massive restructuring of its business, with plans to cut 7,000 to 9,000 jobs over the next three years, as its biggest profit generator, printing, continues to reel from soft demand pressures and cheaper printing supplies. The Palo Alto, Calif.-based computer and printing giantRead More →
© Reuters. FILE PHOTO: Passengers board an Air France plane at the Nantes-Atlantique airport in Bouguenais near Nantes PARIS (Reuters) – Air France-KLM will propose a voluntary redundancy scheme that would affect nearly 400 ground staff at French airports, La Tribune said on Saturday, a day after the airline postedRead More →
U.S. stocks retreated Thursday morning, with those for the Dow under pressure after disappointing 3M Co. earnings, while positive tech-sector earnings reports blunted losses in the Nasdaq and S&P 500. Against the backdrop of a parade of quarterly results, investors have been weighing continued signs of sluggish growth permeating internationalRead More →
Nearly three years after Elon Musk promised a $35,000 Model 3 electric car, Tesla Inc. has finally delivered. Now, the question is about the promise of profitability Musk has been making for the past few months. Musk walked back his goal of being thinly profitable in the first quarter andRead More →
For many federal workers, keeping a roof over their heads got a lot harder in January thanks to the partial government shutdown that is approaching its third week. Altogether, unpaid federal workers — including roughly 380,000 furloughed employees and 420,000 people working without pay — owe around $438 million inRead More →
