Ralph Laurens restructuring plan is moving full steam ahead as the company is set to cut more than 100 positions from a distribution center in North Carolina. The distribution center is based in Greensboro, and while a company spokeswoman declined to specify what positions were being cut, she said North Carolina remains a critically important…
STOCKHOLM Ericsson AB fell to a hefty net loss in the first quarter after booking provisions, write-downs and restructuring costs of 13.4 billion Swedish kronor ($1.51 billion), but said a more focused business strategy should see the company significantly improve its profitability next year. Continue Reading Below The supplier of wireless-communications gear reported a net…
Alan Bond’s family condemn ‘sensationalised’ Channel Nine biopic exit Alan Bond’s family is furious with Channel Nine’s House of Bond, labelling the miniseries “shameful” and “inaccurate”. Bond’s family fired off a strongly-worded statement on Monday night, just minutes after Nine’s television drama made its debut. The miniseries explores a fictionalised account of Alan Bond’s life,…
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