Strategy

The Economy

IEA Warns of Climate Risk If Nuclear Capacity Drops

The agency says "substantial capital investment" is needed to avoid a disruptive energy transition.
The Economy

U.S. Home-Price Growth Slows to 3.7% in March

“Given the broader economic picture, housing should be doing better."
Banking & Capital Markets

British Steel Goes Insolvent, Blaming Brexit

"There are a number of reasons why [British Steel's] turnaround has been very badly blown off course but the main one is Brexit,” its owner says.
Technology

Finance Fails to Get Full Value from Shared Services

A lack of commitment to working as partners with shared services organizations dooms finance to missing out on optimizing the value of shared services.
Strategy

Smart Moves to Make Now Ahead of a Recession

Seize the day and think of a recession as the best time to pass competitors, says Bain & Co.
Strategy

Ascena Retail to Close All Dressbarn Stores

"The decision was difficult, but necessary, as the Dressbarn chain has not been operating at an acceptable level of profitability."
Strategy

Ford Cuts 7,000 White Collar Workers to Save $600 Million

The automaker is laying off about 10% of its global salaried workforce as part of its restructuring effort.
Global Business

U.S. Blacklists Huawei Amid Escalating Trade Dispute With China

Huawei and 70 affiliates were placed on the U.S. trade blacklist.
Strategy

Disney Takes Over Hulu in Deal With Comcast

The agreement gives Disney immediate operational control of Hulu in return for buying out Comcast's minority stake for at least $5.8 billion in 2024.
Strategy

Volkswagen Wins Labor Support for Restructuring

Workers backed the restructuring after the automaker presented its new $1.1 billion battery plan.
Global Business

China Raises Tariffs on $60 Billion of U.S. Goods

The increased tariffs are in retaliation for the Trump administration’s latest decision to increase duties on Chinese products.
Strategy

Siemens to Spin off Power and Gas Business

"The company is now what [CEO] Joe Kaeser has always wanted it to be ... an integrated concern in which all entities are strategically interlinked.”
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