How to Cut Corporate Utility Costs: Look at Your Lease
Utility-services expense is one of the few costs that can be managed when a company relocates.
Berkshire Hathaway Reports Mixed Earnings
While operating profit got a boost from manufacturing and other businesses, net income fell on lower investment gains.
Comerica to Cut Workforce by 9%, Close 38 Branches
Comerica bank is forced to cut expenses in response to falling second-quarter profits and a troubled energy loan portfolio.
Job Cuts Increase in April to More Than 65,000
Employers have announced a total of 250,061 planned job cuts so far in 2016, up 24% from the year-ago period, says Challenger, Gray & Christmas.
Job Cuts Continue to Rise In Energy Sector
Layoffs at U.S. companies in February were up 22% from a year ago.
U.S. Bank Profits Climb 11.9% to $40.8B
"There are signs of growing credit risk, particularly among loans related to energy and agriculture,” said the FDIC's chairman.
Bankruptcies Stay Flat for Fourth Straight Quarter
A survey finds the downward spiral in corporate filings has leveled off, with mining and energy companies accounting for an increased percentage.
Schlumberger to Buy Rival Cameron for $12B
The proposed merger of oilfield services companies is the latest example of industry consolidation driven by the decline in oil prices.
SEC Accuses Microcap CEO, Stock Picker of Fraud
Investors were allegedly misled by "exaggerated" statements about Norstra Energy's oil reserves and business prospects.