The world headquarters for the Ford Motor Company in Dearborn.(Photo: Jeff Haynes / AFP/Getty Images) Ford Motor Co. has begun what company officialsexpect to be a months-long process to form a plan focused on trimming its global salaried workforce. Officials expect to cut the number of salaried employees globally, which could include some in its…
DetailsAmidst the software industrys crazy unicorn valuations and hot buzzword-compliant startups, one software business model remains tried and true: buy the rights to a mature enterprise software product (or the whole company) and then milk its customers for ever-dwindling maintenance dollars. To keep the company going, continue to buy more such products and companies, thus…
DetailsGaz Thompson wants to help other vulnerable people out of debt (Picture: CAP) Gaz Thompson is using his faith to help those struggling with unsustainable debts. Across the UK, more than four million people have debts that are considered unsustainable, and responsibility for helping these vulnerable people is increasingly falling to charities. One such charity,…
DetailsWe would like to inform you that pursuant to an Order dated 27th September 2018 of the National Company Law Tribunal, Kolkata Bench, Corporate Insolvency Resolution Process (CIRP) has been initiated for Advance Powerinfra Tech Limited as per the provisions of the Insolvency and Bankruptcy Code, 2016. A copy of the said order is enclosed…
DetailsAUGUSTA For decades, weve heard politicians promising to attract businesses and jobs to the state to help grow the economy. While supporting small businesses and job creation is important, what Maines economy needs right now is people. Maines economic outlook has changed dramatically since the Great Recession, and the state suffers not from a lack…
DetailsShare price of Punj Lloyd fell nearly 3 percent intraday Friday after International Finance Corporation (IFC) moved an insolvency plea against company before the National Company Law Tribunal (NCLT). International Finance Corporation (IFC) has filed an application before the National Company Law Tribunal (NCLT) under Section 7 of the Insolvency and Bankruptcy Code. A two-member…
DetailsTop court also stressed the need of “time-bound” disposal of corporate insolvency resolution process New Delhi: The Supreme Court on Thursday said the time taken up by litigations during the corporate insolvency resolution process has to be excluded from the mandatory limit of 270 days in case company law tribunals uphold the plan to revive…
DetailsStaying out of debt, saving money, building a nest egg all these things sound easy, but theyre not so easy to put into practice. Last year, Americans held a record-high $13 trillion in debt, according to the New York Fed. So where do our good intentions go off the rails? And how can you stop…
DetailsMax Brenner, the v. popular and quite fancy choccie chain, has entered voluntary administration despite the fact chocolate remains one of the only pure and good things left on this accursed planet. The Sydney Morning Herald reports Max Brenner, which boasts 37 stores around the nation, appointed an administrator on Sunday to sort out the…
DetailsCompany Increases Full-Year 2019 Cost Savings Reiterates Profit Outlook for Full-Year 2018 DOWNERS GROVE, Ill., Oct. 01, 2018 (GLOBE NEWSWIRE) — FTD Companies, Inc. (Nasdaq: FTD) (FTD or the Company), a premier floral and gifting company, today announced an expansion of its corporate restructuring and cost savings plan initiatives. The Company has identified incremental cost…
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