Sony Pictures to announce layoffs across divisions: source
LOS ANGELES (Reuters) – Sony Pictures Entertainment on Monday will announce layoffs throughout its studio operations in the United States and abroad, according to a person familiar with the matter.
El-Erian starts tweeting, but won’t talk about Gross
NEW YORK (Reuters) – Mohamed El-Erian, the former chief executive of Pimco, has taken to Twitter to express his views to the world, but he said on Monday he wants to steer clear of the drama surrounding his falling out with co-founder Bill Gross for no…
Losses mount as South Africa faces biggest post-apartheid mine strike
JOHANNESBURG (Reuters) – With no end in sight, South Africa’s platinum strike is set to become the biggest single stoppage to hit the country’s mining sector since the end of apartheid in 1994, and now threatens the viability of an industry already in …
Men from Ukraine and New York indicted in U.S. cybercrime case
(Reuters) – Federal prosecutors on Monday announced the indictment of three men they accuse of being members of an international cybercrime ring that tried to steal at least $15 million by hacking into U.S. customer accounts at 14 financial institution…
Vodafone agrees $10 billion deal for Spain’s Ono
LONDON (Reuters) – Vodafone has agreed to buy Spain’s largest cable operator Ono for 7.2 billion euros ($10 billion), the latest hefty deal in a European telecoms sector starting to rebuild as the region recovers from a recession.
Five months later, jurors face tough task in Madoff aides’ trial
NEW YORK (Reuters) – Like Bernard Madoff’s Ponzi scheme itself, the trial of five of his former aides has been virtually unprecedented in its scope.
SocGen’s deputy CEO Sammarcelli to retire
PARIS (Reuters) – Societe Generale, France’s No. 2 listed bank, will reduce the number of deputy chief executive officers to two after Jean-François Sammarcelli, head of the French retail business, retires in end-2014.
Bank of England shake-up may trigger rate-setter changes
LONDON (Reuters) – Governor Mark Carney’s first big shake-up of the Bank of England could set off changes on its interest rate-setting committee, with markets chief Paul Fisher at risk of losing out.
U.S. regulator warns on auditors’ marketing practices
WASHINGTON (Reuters) – A top U.S. audit regulator is sounding the alarm over what she fears may be a false stamp of approval that some accounting firms are using as they market themselves to potential clients.
U.S. factories flex muscle after severe winter chill
WASHINGTON (Reuters) – U.S. manufacturing output recorded its largest increase in six months in February and factory activity in New York state expanded early this month, the latest signs the economy was gaining momentum after being dampened by severe …
