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NEW YORK (Reuters) - Playboy Enterprises Inc will outsource all its publishing operations except for editorial to American Media Inc in a bid to cut costs and return its namesake magazine to profitability in two years.
BY NATHAN BECKER Warner Music Group Corp.'s swung to a surprise fiscal fourth-quarter loss amid a revenue slump in U.S. music sales and higher costs. Chief Financial Officer Steve Macri added that although the company is seeing...
Lost in all the bickering between Democrats and Republicans when Bank of America officials testified before Congress last week was a seemingly crucial piece of evidence that seems to show the bank's executives relied on faulty...
Lars G. Josefsson showed up at the UN General Assembly in New York City in September with a petition signed by 244,500 people that called for action on climate change, including the fixing of a global price for carbon emissions.
Remember "Buffett's Big Bet", in which the noted investor and CEO of Berkshire Hathaway maintained that an S&P 500 index fund would outperform five funds-of-hedge-funds over 10 years? Well, the results for the first lap, the...
When Britain's Royal Mail realized it was already paying rock bottom prices for outsourced IT services, the only way to save more money was to use less of them How does a business pay less for its IT services when it's already...
COPENHAGEN, Nov 24 (Reuters) - The chief executive of Danish power cables and machinery group NKT Holding , Thomas Hofman-Bang, said on Tuesday: * Company is on the way towards slightly better times, among other places in Asia....
Contrary to a statement made last week by its CEO in Hong Kong, NTT DoCoMo doesn't plan to shut-off its 2G network a year earlier than planned. The network will be closed at the end of March 2012, the ...
Rwanda gets its third national telecommunication operator - Millicom International Cellular (MIC). The company paid $67 million to secure a license and would operate under the 072 digit code. It has since invested close to $52m...
ISELIN, N.J., Nov. 24, 2009 (GLOBE NEWSWIRE) -- On Track Innovations Ltd., (OTI) (Nasdaq:OTIV), a global leader in contactless microprocessor-based smart card solutions for homeland security, payments, petroleum payments and...
