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Kraft Heinz terminates 2,500 jobs in the U.S. and Canada to save costs
Kraft Heinz is cutting 2,500 jobs in the U.S. and Canada, including 700 of its workforce in Northfield, Illinois in order to cut expenses.
Ford Targets Emerging Markets with Frugal India Build, In a Bid to Compete With its Rivals in 5th Largest Auto Market
In a bid to penetrate the fifth largest auto market in the world, Ford Motor Co will be using the new engineering strategy it learned from India, which lets them develop compact model through low-cost production.
Analysts bet on Macy's, Alibaba, Cisco and News Corp; quarter earnings to be announced
Cisco Systems, Inc. (CSCO), Alibaba Group Holding Ltd (BABA), Macy's Inc. (M) and News Corporation (NWS) will announce the companies' quarterly financial results on Wednesday.
Judge Rules NYC Responsible Banking Act Unconstitutional as it Conflicts with Existing Federal and State Statutes
A three-year-old law in New York City created to keep tabs on their social efforts to meet the needs of their low-income neighbors was deemed unconstitutional, according to a US federal judge.