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Struggling Kodak is seeking to simplify its structure and cut costs by reducing the number of its business segments from three to two. Shares shot up 34 percent in premarket trading.
Eastman Kodak Co., once a photography pioneer, was pummeled by consumers’ switch to digital. Its fortunes deteriorated further last year, and it said in November […]
A government-mandated report has confirmed what many Italians long suspected: The euro11,000 ($14,300) that Italian lawmakers earn each month far outpaces what their peers in some of Europe’s largest economies get.
Italy’s bloated public sector and the privileges of its political elite have come under fire as the country battles its debt crisis with tax hikes, […]
Fighting to win over unhappy American voters, President Barack Obama and his Republican challengers are seizing on one of the most potent issues this election season: the struggling middle class and the widening gap between rich and poor.
Highlighted by the Occupy movement and fanned by record profits on Wall Street at a time of stubborn […]
A new report claims a Russian lawyer who died in prison was tortured and deliberately denied medical treatment, and that the official investigation covered it up.
Sergei Magnitsky, who was arrested after accusing officials of corruption, died in November 2009 after the pancreatitis he developed in prison went untreated. Two prison doctors have been charged with […]
Group 360 Worldwide marketing company promoted Tim Rutter to president.
Affinity Center International, a subsidiary of Maritz Holdings Inc., added Jeanet Schroepfer as its chief growth officer/champion marketing and sales and Greg Heth and Giulietta Versiglia as product champions, all based in the St. Louis area.
Hughes marketing agency added Bryan Dodson as its digital traffic manager.
SSM […]
Finland’s finance minister said she doesn’t expect the eurozone to resolve a dispute over her country’s demand for collateral for loans to Greece at a meeting Friday _ adding to concerns over the currency union’s ability to stamp out its crippling debt crisis.
U.S. Treasury Secretary Timothy Geithner joined the meeting in Wroclaw, Poland _ the […]
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Delusional or merely optimistic? Those are two conclusions one can draw about Canadians’ attitude to their debts after a recent poll conducted by CIBC. No matter which age group was questioned, the majority were confident their debts would be retired in 10 to 15 years.
However, the expectations don’t come close to the reality. On […]
House Republicans are pulling out of negotiations being led by Vice President Joe Biden on the budget because Democrats insist on pairing spending cuts with at least some tax increases.
Majority Leader Eric Cantor of Virginia said it’s time for President Barack Obama to weigh in directly.
Cantor said the Republican-dominated House simply won’t support tax increases […]
In 1964, Percy Green and another local activist shimmied up a leg of the yet-to-be-completed Gateway Arch to protest the lack of minority hiring in the building of the monument.
Nearly 50 years later, with the percentage of nonwhite males working regularly in area trades still mired in single digits, yet another effort is being launched […]
Another massive data breach at Sony has left hackers exulting, customers steaming and security experts questioning why basic fixes haven’t been made to the company’s stricken cybersecurity program.
Hackers say they managed to steal a massive trove of personal information from Sony Pictures’ website using a basic technique which they claim shows how poorly the company […]