Airbus examining restructuring including job cuts: sources
PARIS/TOULOUSE (Reuters) – Airbus (AIR.PA) is drawing up plans for a restructuring involving the possibility of “deep” job cuts as…
Bankruptcy looms over U.S. energy industry, from oil fields to pipelines
NEW YORK (Reuters) – U.S. shale producers, refiners and pipeline companies are scrambling for cash and face likely restructuring as…
PG&E proposes board revamp in revised bankruptcy plan
FILE PHOTO – A PG&E truck carrying an American Flag drives past PG&E repair trucks in Paradise, California, U.S. November…
Exclusive: J.C. Penney taps debt restructuring advisers – sources
(Reuters) – J.C. Penney Co Inc (JCP.N) has hired advisers to explore debt restructuring options that would buy more time…
Conatus Pharma to explore options as liver disease drug fails trial
(Reuters) – Conatus Pharmaceuticals Inc said on Monday it plans to explore options and implement a restructuring plan after its…
Deutsche Bank to set up 50 billion euro bad bank: FT
FILE PHOTO: Employees of Germany’s largest business bank, Deutsche Bank, gather ahead of the bank’s annual shareholder meeting in Frankfurt,…
Goldman Sachs combining its private-investing units: WSJ
FILE PHOTO: The Goldman Sachs company logo is seen in the company’s space on the floor of the New York…
Philip Green’s Arcadia avoids collapse as creditors back deal
LONDON (Reuters) – Philip Green’s Topshop-to-Dorothy Perkins fashion empire staved off a collapse into administration on Wednesday as creditors approved…
GM CEO to meet with U.S. lawmakers over job cuts
FILE PHOTO: General Motors CEO Mary Barra at a press conference at the North American International Auto Show in Detroit,…
GM to slash jobs and production, drawing Trump’s ire
DETROIT (Reuters) – General Motors Co said on Monday it will cut production of slow-selling models and slash its North…
Exclusive: Mattress Firm explores U.S. bankruptcy to close stores – sources
(Reuters) – Mattress Firm Inc, the largest U.S. mattress retailer, is considering a potential bankruptcy filing as it seeks ways…
McDonald’s to post $80-$90 million charges for restructuring, layoffs
(Reuters) – McDonald’s Corp (MCD.N) plans to take $80 million to $90 million in charges during the second quarter from…
House of Fraser shareholder Sports Direct sues over business plan
LONDON (Reuters) – A minority shareholder of Britain’s House of Fraser, Sports Direct (SPD.L), is suing the department store chain…
Campbell Soup gives COO Mignini more control over core units
(Reuters) – Campbell Soup Co (CPB.N) said on Thursday it would reorganize its businesses, giving newly-appointed Chief Operating Officer Luca…