revamp Archives -
When H. Lawrence Culp Jr. took command of flailing General Electric Co. late last year, his mandate was simple: Be more aggressive.
Less than five months later, investors are applauding.
The company’s shares climbed Monday as Culp took his boldest step yet to rescue the troubled behemoth, agreeing…
Ford is launching an overhaul of its European business that is expected to include thousands of job cuts, plant closures and the scrapping of low-profit models amid a storm of bad news for global car makers.
WSJ.com: US Business
General Electric will spin off its health-care business and unload its ownership in oil-services company Baker Hughes, betting that the once-sprawling conglomerate can reverse a painful slump by further shrinking.
WSJ.com: US Business
Disneyland’s Pirates of the Caribbean ride closing next month to revamp scene of brides being auctionedMarch 21, 2018 | dailybusinessnews
The scene of leering pirates auctioning off women as brides on the Pirates of the Caribbean attraction in Disneyland will be gone forever next month, replaced by a scene considered less offensive to contemporary tastes.
The Anaheim resort announced this week that it will close the ride on April…
Renegotiating the North American Free Trade Agreement would be a journey with implications for hundreds of industries throughout the continent.
And although some elements of the deal — such as rules influencing manufacturing — figure to be ripe for changes, many analysts, academics, government…
Far from the sweeping trade overhaul that Donald Trump promised on the campaign trail, his administration is considering a surprisingly modest revamp of the North American Free Trade Agreement, according to a draft letter provided to Congress.
The objectives outlined would bolster Trump’s emphasis…
The president-elect, a harsh critic of U.S. intelligence agencies, is working with top advisers on a plan that would restructure and pare back the nation’s top spy agency, people familiar with the planning said.
WSJ.com: What’s News Asia
When Jeb Hensarling, the Republican chair of the U.S. House Financial Services Committee, released legislation this summer to weaken the major financial law known as Dodd-Frank, many said it was a prêt-a-porter plan that his party’s nominee, Donald Trump, could easily adopt. Now that Trump is president-elect, he appears to be doing just that. Language about financial services posted on the Trump transition website, www.greatagain.gov, echoes the tone of Hensarling's bill, known as the CHOICE Act.
International Monetary Fund First Deputy Managing Director David Lipton welcomed the Bank of Japan's new policy framework as a boost to its credibility, but called for more vigorous fiscal and structural policies to reflate a fragile economic recovery. Lipton also shrugged off the view that monetary policy was nearing its limit as a means to revive economies across the globe, stressing that central banks must be open to new ideas to help spur growth. "Central banks have to always be ready to do whatever they can based on the realities they face," Lipton told Reuters on Saturday.
Pope Francis has trimmed the wide-ranging powers of Cardinal George Pell, the economy secretary he named in 2014 to clean up the city-state’s muddled accounts, in a setback for the broader overhaul of the Catholic Church’s central bureaucracy.
WSJ.com: What’s News Europe