How to fire right

Unlike many of his management consulting peers, Tom Peters deems across-the-board staff cuts "dumb" and multiple rounds of layoffs counterproductive.
"If you really want […]

Siemens sticks to 2009 goals as eyes cost cuts

German industrial conglomerate Siemens stuck to its profit outlook, focusing on sourcing more components from low-cost countries after fiscal 2009 started well despite the […]

Pfizer in talks to buy rival Wyeth: sources

Pfizer Inc, the world’s largest drugmaker, is in talks to acquire U.S. rival Wyeth, sources familiar with the situation said on Friday.
The deal could […]

Saudi’s Kingdom Holding posts $8.3 billion Q4 loss

Kingdom Holding Co, owned by Saudi billionaire Prince Alwaleed bin Talal, posted a $8.26 billion net loss in the fourth quarter after a dive […]

Bank of America gets big government bailout

Bank of America Corp was rescued by the U.S. government on Friday through a $20 billion bailout and a guarantee for almost $100 billion […]

How $3 million gets you 30 seconds

Despite record prices, a grinding recession and the absence of two big advertisers this year, NBC says it’s having no problem filling spots for […]

Swap Spread Shows ‘Healing’ of Credit: Chart of Day

Interest-rate derivatives are signaling credit markets are returning to levels not seen in over a year as the Federal Reserve keeps its target lending […]

Thai Inflation Slows as Oil Price Falls, Demand Cools

Thailand’s inflation rate fell by the most in almost nine years, giving scope for the central bank to cut interest rates further to support […]