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Tag: cuts
China auto sales slump hits industry fortunes, forces price cuts
2015-07-29 10:54:42| Auto Dealers - Topix.net
General Motors Co.' s $5 billion initiative to create cars for China and other emerging markets comes just as automakers face a collapse in the booming Chinese demand they were counting on to power their growth.
Oil industry starts new round of cost cuts amid lower prices
2015-07-29 06:21:59| Oil & Gas - Topix.net
BP Plc and Chevron Corp. fired the opening salvo for a further round of cost cuts by major oil companies grappling with low energy prices. "It's really tough times for the industry," BP Chief Executive Officer Bob Dudley said Tuesday, comparing the market to 1986 when tumbling prices forced drastic cost savings.
Tags: cost
prices
industry
lower
Army job cuts made three years early
2015-07-29 01:08:52| BBC News | Business | UK Edition
The number of British army personnel has been cut back by 20,000, three years ahead of target, according to statistics from the Ministry of Defence.
Takings arguments bubble up as California cuts water rights
2015-07-28 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Greenwire: In drought-stricken California, lawyers are asking a simple question with a complicated answer. Can the state take away water rights? At issue: the U.S. Constitution's 5th Amendment, which says no property shall be taken without just compensation. So if California gets more aggressive in requiring irrigation districts -- and particularly so-called senior rights holders, whose claim to divert and use water dates back more than a century -- to curtail water use, some property rights lawyers think...
Tags: rights
water
california
arguments
Corning Rising: Cuts Display Glass View on TVs, Sees Stronger Comms Sales
2015-07-28 15:41:23| Electronics - Topix.net
Shares of Corning are up 30 cents, or 1.6%, in early trading after the company this morning reported Q2 revenue that missed analysts' expectations, but beat by a penny on the bottom line, and cut its outlook for computer panel and TV panel glass demand, saying weakness will last the rest of the year. Revenue in the three months ended in June were roughly flat with the prior-year period to $2.52 billion, yielding EPS of 38 cents.
Tags: view
sales
display
glass
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