Starbucks Corp Chief Executive Officer Howard Schultz may introduce a plan for a loyalty program to stanch declining US sales at a shareholders meeting today.
Siemens AG Chief Executive Officer Peter Loescher told analysts in November that his plan to revive Europe's largest engineering company would have its setbacks.
A printing plant being billed as the world's largest is now in operation cranking out newspapers for Rupert Murdoch's News International - a vote of confidence in Britain's troubled newspaper industry.
Stunned dealers and traders at Bear Stearns Cos, the ailing US investment bank rescued by rival JPMorgan Chase & Co, turned up for work yesterday to find the value of their stock options in tatters and the future of their jobs up in the air.
The dollar fell below 96 yen for the first time in 12 years earlier yesterday after the Federal Reserve's emergency weekend cut in its discount interest rate and the sale of Bear Stearns Cos to JPMorgan Chase & Co.
Alan Schwartz wasn't supposed to be running Bear Stearns Cos, and now he is presiding over the 85-year-old securities firm's sale.
Siemens AG, Europe's biggest engineering company, fell the most in at least 18 years in Frankfurt after saying order delays and cancellations will cut earnings by 900 million euros this quarter.
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