je.st
news
Tag: cuts
Buffett Endorses Job Cuts for Profit Amid Shareholder Unease
2015-05-04 13:22:58| Food - Topix.net
Berkshire Hathaway Inc. chairman and chief executive officer Warren Buffett, said, "there's no question that waves of layoffs hurt people". Still, he asked: "what would our country be if we kept everyone on the farm?" Photographer: Daniel Acker/Bloomberg Warren Buffett's partnership with 3G Capital, a job-cutting buyout firm that helped him do some of his biggest deals, has hit a nerve with shareholders of the billionaire's Berkshire Hathaway Inc. The first question asked at Berkshire's annual meeting on Saturday came from a Texas shareholder who said he was "suffering heartburn" because of 3G's "brutal" practices at the companies it acquires.
Tags: job
profit
cuts
shareholder
BSNL cuts national roaming tariffs
2015-05-04 09:00:00| Telecompaper Headlines
(Telecompaper) Indian state-run operator Bharat Sanchar Nigam Limited (BSNL) has cut its roaming tariff by up to 40 percent for its prepaid and postpaid mobile subscribers. The price reductions are effective 1 May, The Economic Times reports. BSNL's roaming rates for incoming calls have now dropped by 40 percent, while for STD, the reduction was of 23 percent. The operator has reduced tariffs for local calls by 20 percent, while local and national SMS rates have been cut by 75 percent.
Tags: national
cuts
tariffs
roaming
Chevron profit beats expectations, cost cuts offset cheap oil
2015-05-01 20:27:30| Oil & Gas - Topix.net
Oil and natural gas producer Chevron Corp reported a 43 percent drop in quarterly profit on Friday, though results beat analysts' expectations as cost cuts and robust refining margins helped offset the impact of tumbling oil prices. A Chevron gas station sign is pictured at one of their retain gas stations in Cardiff, California October 9, 2013.
Hawaii's Island Air cutting workforce by 20%, cuts operations, cancels aircraft delivery
2015-05-01 11:13:15| Airlines - Topix.net
Island Air, which is owned by Oracle Corp. CEO Larry Ellison, says it is not taking delivery of the Q400 NextGen turboprop aircraft, which it was to buy from Bombardier for $61 million, as part of a reduction in its Hawaii interisland service. Island Air, the Hawaii interisland airline owned by Oracle Corp. co-founder Larry Ellison , will cut its workforce by 20 percent, close its operations on Kauai and cancel delivery of new aircraft in the short term as the airline works to reposition itself as the second largest airline in the Islands, the airline's CEO said Thursday.
Tags: air
delivery
island
operations
LinkedIn cuts revenue forecasts
2015-04-30 23:40:47| BBC News | Business | UK Edition
Shares in the professional social network site LinkedIn fall sharply in after-hours trading as the company cuts its revenue forecast.
Tags: revenue
cuts
forecasts
linkedin
Sites : [257] [258] [259] [260] [261] [262] [263] [264] [265] [266] [267] [268] [269] [270] [271] [272] [273] [274] [275] [276] next »