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Top executives make sudden departure from Unifi

2016-05-06 16:00:00| Daily apparel & textile news and comment - from just-style.com

Two top executives at US yarn manufacturer Unifi Inc have made an unexpected departure, in a move that has not been widely publicised by the business.

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Senior Target executives fired as others resign over revelations...

2016-04-12 04:58:45| Agriculture - Topix.net

Senior Target executives fired as others resign over revelations they inflated the retailer's earnings by almost 40 PER CENT Senior executives at Target have lost their jobs over an accounting scandal after staff were caught trying to bolster the retailer's earnings by offering its suppliers price rises in return for rebates. Westfarmers launched an investigation into its staff after allegations ten Target employees colluded with overseas clothing suppliers to increase prices if they offered more rebates, which were taken as profit and boosted the retailer's December earnings by almost $21 million, the Sydney Morning Herald reported.

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As coal company profits fell, mining firms rewarded executives handsomely

2016-04-10 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Star Tribune: In 2011, the coal industry went on a shopping spree. Chinas economy was humming, and there seemed no limit to the amount of coal the countrys steel mills could consume. Americas coal companies, sensing an opportunity, rushed to acquire mines that produced the metallurgical coal essential to steel fabrication. Arch Coal paid $3.4 billion cash for the International Coal Group. Peabody Energy plunked down $5 billion for a majority stake in Australias MacArthur Coal. And Alpha Natural Resources...

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Former USA Truck Executives Earn $4.2M in 2015

2016-04-08 21:01:16| Trucking - Topix.net

USA Truck Inc. of Van Buren paid more than $4.2 million to former executives in 2015, according to a proxy statement the company filed with the Securities & Exchange Commission.

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Intel executives depart company as mobile, IoT segments struggle for growth

2016-04-06 14:32:19| Extremetech

Multiple high-profile Intel executives have left the company recently, but shuffling executives won't fix the strategic problems Intel faces. Its data center business is strong, but IoT and mobile growth is limited.

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