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Britain reject tough CO2 cut target for power sector

2013-06-04 12:21:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: MPs on Tuesday rejected an amendment to the coalition government's Energy Bill which would have locked the power sector into tough carbon cuts from 2014, two years earlier than planned, and limited new gas plants being built after 2020. Britain wants to explore the potential of shale gas to stem its rising dependence on imported gas and the vote comes just one day after it was estimated that its shale gas resources could be a lot higher than previously thought. The amendment proposed that the...

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Zynga to cut 18 percent of workforce

2013-06-04 08:34:00| Telecompaper Headlines

(Telecompaper) Social game service company Zynga has announced plans to save an estimated USD 70 million to USD 80 million a year by shutting various offices and reducing its global workforce by 520, or 18 percent of the total. The job cuts will occur across all functions and are due to be complete by August. Zynga will take a USD 24 million to USD 26 million restructuring charge in the second quarter and USD 2 million to USD 5 million in the third quarter related to the move. The company has increased has reaffirmed its second quarter outlook for revenue, EPS and adjusted EBITDA, but has lowered its guidance for net loss. It now anticipates a USD 39 million to USD 28.5 million net loss in the second quarter, compared to its previous guidance of USD 36.5 million to USD 26.5 million. A person familiar with the matter told Bloomberg that the offices to be closed are in New York, Los Angeles and Dallas. The cost cuts are related to disappointing sales of games outside the Farmville range.

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Zynga to cut 520 jobs amid performance woes

2013-06-04 04:08:20| Energy - Topix.net

A concert benefiting Heart to Heart International’s Disaster Preparedness & Response Fund will be held Monday night in the Kansas City Power & Light District.

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Zynga to cut 520 jobs amid performance woes

2013-06-04 01:32:23| Oil & Gas - Topix.net

A concert benefiting Heart to Heart International’s Disaster Preparedness & Response Fund will be held Monday night in the Kansas City Power & Light District.

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Healthy Weight Commitment Foundation: We've delivered on promise to cut calories in the marketplace

2013-06-03 16:27:44| Beverages - Topix.net

America's top food and beverage companies have exceeded their goal of reducing 1.5 trillion calories in the US marketplace, says the Healthy Weight Commitment Foundation .

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