Thyssenkrupp Steel to Cut 11,000 Jobs
The workforce will be reduced by 40% through job cuts, outsourcing and business sales. There are 27,000 jobs in production and administration.
SG Fleet Receives $780 Million Private-Equity Takeover Proposal
SG’s stock jumped 20% on the announcement, which came five weeks after the company reiterated guidance for an annual underlying profit of between A$88 million and A$95 million.
SG Fleet Receives $780 Million Private-Equity Takeover Proposal Read More »
As Musk Assumes Deregulation Role, Tesla Racks Up Pollution Violations
Texas Gigafactory ran afoul of environmental overseers; a faulty furnace door and hazardous wastewater.
As Musk Assumes Deregulation Role, Tesla Racks Up Pollution Violations Read More »
Shoppers Are Picky Heading Into Black Friday. Retailers Could Win or Lose Big.
Companies say shoppers are still buying, but they want a deal.
Shoppers Are Picky Heading Into Black Friday. Retailers Could Win or Lose Big. Read More »
He Bought a Sub Shop as a Teen. Now He’s Selling Jersey Mike’s for $8 Billion.
Peter Cancro started slinging subs at his local shop at 14. Now he’s selling the national chain he built to Blackstone.
He Bought a Sub Shop as a Teen. Now He’s Selling Jersey Mike’s for $8 Billion. Read More »
7-Eleven, the Slurpee and a $47 Billion Takeover Battle
The convenience chain is at the center of a bidding war between would-be buyers on two continents. Here’s why they’re hungry for it.
7-Eleven, the Slurpee and a $47 Billion Takeover Battle Read More »
