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General Mills may close Pillsbury plant in New Albany
2015-01-08 16:45:49| Agriculture - Topix.net
The company said in a brief news release that the decision is subject to negotiation with union officials. If the decision becomes final, the company said, the plant would close in mid-2016, affecting about 400 employees.
PVH to close Izod retail business
2015-01-08 12:28:00| Daily apparel & textile news and comment - from just-style.com
US retail giant PVH Corp is to shutter its Izod men's sports and casual clothing retail business with the closure of 100 stores, blaming an increasingly competitive environment.
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EUs Biggest Coal Group to Cut Jobs, Close Mines to Survive
2015-01-08 11:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: Kompania Weglowa SA, the European Unions biggest coal producer, will cut jobs, close mines and get financial aid from state-owned power utilities after the Polish government backed a rescue plan for its third-largest employer. Poland wants to gradually phase out operations at state-owned Kompanias four mines, sell one to coal trader Weglokoks SA and move its remaining nine profitable facilities to a new holding company, the Economy Ministry said on its website. Weglokoks and state-owned power...
Wet Seal to close more than half its stores
2015-01-07 19:03:37| Apparel - Topix.net
Fast-fashion teen retailer Wet Seal Inc. said it would close about two-thirds of its retail locations -- 338 stores -- this week. Foothill Ranch, Calif.-based Wet Seal said in a statement Wednesday the closings occurred "after assessing its overall financial condition and the company's inability to successfully negotiate meaningful concessions from its landlords."
Nevada Power Units Close as Utility Turns Away From Coal
2015-01-06 19:38:51| Electronics - Topix.net
NV Energy has closed three units at a coal-fired power plant it operates outside of Las Vegas. The late December retirement of the units at Reid Gardner leaves one generating unit that is expected to close in 2017.
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