19 November, 2015 by The TZ Newswire Staff Comments Off on Exclusive: U.S. probes Bosch in VW cheating scandal – sources
Exclusive: U.S. probes Bosch in VW cheating scandal – sources
U.S. authorities are investigating German auto supplier Robert Bosch GmbH [ROBG.UL] over its role in Volkswagen AG’s (VOWG_p.DE) massive scheme to cheat U.S. emission standards, according to people familiar with the matter. Federal prosecutors with the U.S. Department of Justice are examining whether Bosch, the world’s largest auto supplier, knew or participated in Volkswagen’s years-long efforts to circumvent U.S. diesel emissions tests, the people said.
19 November, 2015 by The TZ Newswire Staff Comments Off on Exclusive: Pfizer negotiating 2-3 percent Allergan break-up fee – sources
Exclusive: Pfizer negotiating 2-3 percent Allergan break-up fee – sources
The break-up fee, to be paid by Pfizer if it were to walk away from Allergan, would come out to $3 billion to $4.5 billion based on a $150 billion deal value. One of the people familiar said a 2-3 percent fee would be at the lower end of similar transactions.
19 November, 2015 by The TZ Newswire Staff Comments Off on Wage pressures coming? U.S. companies start to sound the alarm
Wage pressures coming? U.S. companies start to sound the alarm
Early indications of wage pressures in pockets of corporate America have begun emerging in recent weeks, suggesting labor costs could be a bigger headwind for U.S. companies in 2016. Over the course of the latest corporate earnings reporting season, executives from nearly 20 S&P 500 companies have flagged labor costs, shortages or wage pressure as headwinds. Now, though, a combination of rising U.S.
19 November, 2015 by The TZ Newswire Staff Comments Off on Tyson Foods to close two plants, cut 880 jobs
Tyson Foods to close two plants, cut 880 jobs
Tyson Foods Inc , the biggest U.S. meat processor, said it would stop operations at two of its plants in the United States, affecting about 880 employees. The company said it expects to cease operations …
19 November, 2015 by The TZ Newswire Staff Comments Off on THe LoNe RaNGeR…
THe LoNe RaNGeR…
19 November, 2015 by The TZ Newswire Staff Comments Off on America’s Car-Mart Reports Loss per Share of ($.06) on Revenues of $133 Million (Results Reflect a $3 Million, or $.34 per Diluted Share, Non-Cash After-Tax Charge Resulting From an Increase to the Allowance for Credit Losses)
America’s Car-Mart Reports Loss per Share of ($.06) on Revenues of $133 Million (Results Reflect a $3 Million, or $.34 per Diluted Share, Non-Cash After-Tax Charge Resulting From an Increase to the Allowance for Credit Losses)
19 November, 2015 by The TZ Newswire Staff Comments Off on RBA’s Heath: AUD fall has helped to improve competitiveness
RBA’s Heath: AUD fall has helped to improve competitiveness
Alexandra Heath, Head of Economic Analysis at the Reserve Bank of Australia
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Heath, as it says above , is head of the Economic Analysis unit at the bank. What she is saying here is the sort of thing policy makers at the bank are being given, so its a good insight into what they are looking at, reading etc.