Tag: business
BOSTON — Royal Philips Electronics, the Dutch industrial giant, is convinced of two things: the population is getting older and it is getting greener.
Those two trends are guiding the company as it continues to transform itself, reorganizing...
Finding time away from building a new business is never easy, but Ngozi Okoli-Owube gladly set aside her daily schedule earlier this year to go back to school to learn marketing, accounting and managerial skills she had never had the time to...
TOKYO — Toyota Motor, the Japanese auto giant, said Monday that it expected its first operating loss in 70 years, underscoring how the economic crisis was spreading across the global auto industry.
Toyota’s president, Katsuaki Watanabe,...
“We can put light where there’s darkness, and hope where there’s despondency in this country. And part of it is working together as a nation to encourage folks to own their own home.” — President Bush, Oct. 15, 2002
THE BLUEPRINTS...
The president’s plan gives carmakers until March 31 to restructure.
WASHINGTON — The emergency bailout of General Motors and Chrysler announced by President Bush on Friday gives the companies a few months to get their businesses in order,...
DETROIT — Chrysler said Wednesday that it would close all its factories for at least one month, starting at the end of this week, in response to plunging vehicle sales in the United States.
The company said the plants would resume production...
“We are not going to rest until we change the rules, change the laws and make sure New York remains No. 1 for decades on into the future.” — Senator Charles E. Schumer, referring to financial regulations, Jan. 22, 2007
Senator Charles...
Senators Christopher Dodd, left, George Voinovich, second from right, and Debbie Stabenow listened to Senators Carl Levin, second from left, and Christopher Bond speak to reporters.
WASHINGTON — In a shift, the White House said Friday morning...
WASHINGTON — Faced with staggering new unemployment figures, Democratic Congressional leaders said on Friday that they were ready to provide a short-term rescue plan for the cash-strapped American automakers, and expected to hold votes on...
At Thursday’s Senate hearing, from left, Rick Wagoner, chief executive of General Motors; Ron Gettelfinger, president of the United Automobile Workers; Alan Mulally, the chief of Ford Motor; and Robert Nardelli, the chief executive of Chrysler.
WASHINGTON...
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