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Both companies separately filed for this protection by June 1. General Motors emerged from bankruptcy as a new company majority-owned by the United States Treasury, and Chrysler emerged owned primarily by the United Auto Workers union and by Italian automaker Fiat S.p.A.
“The problem is that while a majority of employers have embraced a change in the ‘where’ of work, many have not adopted new practices and processes to support it,” the TechSmith report reads.
After becoming a public company in August 2005, it was revealed that Phillip R. Bennett, the company's CEO and chairman, had concealed $430m of bad debts. Its underwriters were Credit Suisse First Boston, Goldman Sachs, and Bank of America Corp. The company entered Chapter 11 and Bennett was sentenced to 16 years in prison. Bear Stearns: United ...
Likewise, "serious financial problems" were reported by nearly two-thirds of those households, whereas such problems were reported by just under half of U.S. households overall, according to a survey by NPR, the Robert Wood Johnson Foundation, and the T.H. Chan School of Public Health at Harvard University that was conducted in July and August ...
Cargill, the megasized Minnesota-based food production giant, is laying off about 5% of its global workforce as food commodity prices drop. Cargill is America’s largest privately held company ...
WASHINGTON (Reuters) -U.S. manufacturing contracted at a moderate pace in November, with orders growing for the first time in eight months and factories facing significantly lower prices for inputs.
The company has also faced similar lawsuits in other states, including Pennsylvania, [70] Oregon, and [71] Minnesota. [72] Class-action suits were also filed in 1995 on behalf of full-time Walmart pharmacists whose base salaries and working hours were reduced as sales declined, resulting in the pharmacists being treated like hourly employees. [73]
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