Houston -
Neiman Marcus, the 112-year-old storied luxury department store chain, has filed for Chapter 11 bankruptcy protection, the first department store chain to be toppled by the coronavirus pandemic.
Manhattan -
In a meeting with WeWork employees Thursday, new co-chief executive officers Artie Minson and Sebastian Gunningham and co-founder Miguel McKelvey said that cost-cutting efforts would include layoffs, coming as soon as this month.
Vice Media is planning a reorganization that will include laying off about 10 percent of its workforce as the once high-flying startup looks to rein in an unwieldy business that grew quickly during the height of the digital boom.
Calgary -
Enbridge Inc. has signed a deal to acquire the outstanding public units in Spectra Energy Partners LP it doesn't already hold in a transaction valued at C$4.3 billion.
Washington -
If you have your own ideas on which federal departments, commissions or agencies you would like to see axed or combined with other federal entities, you now have a chance to express your views. The White House has an opinion poll out.
On July 11, 2013, during a memo to employees, Steve Balmer announced the need for a corporate reorganization in order to innovate with greater speed, efficiency and capability in a fast changing world.
