When one woman in Philadelphia was dumbfounded at the lack of women in the car mechanic industry, she decided to quit her job and start her own car shop. … [Read more...]
HSBC Plans Overhaul of Global Business With Major Job Cuts
LONDON — The British bank HSBC, in a major revamping of its global strategy, said on Tuesday that it would shed as many as 50,000 jobs as it sells several underperforming businesses, reduces the size of its global investment banking business and aims to cut billions in costs. … [Read more...]
Strange session for China’s Shenzhen, Shanghai
Investors watch a digital screen displaying the prices of China’s stock market in Hangzhou, Zhejiang province of China. It’s a mixed day overseas. Europe is down modestly as Greece negotiations drag on and Germany enters correction territory. The DAX is down 10 percent from its April 10 historic high. … [Read more...]
Itineraries: Removing Fare Data From Travel Sites, Some Airlines Seek More Bookings
When Josh Marion had to book a last-minute business trip to New York, he knew the plane ticket wouldn't be cheap. A loyal Delta flier, he went to TripAdvisor, which lists flights from many airlines, to compare Delta's price against those of its rivals. He hit a wall. "The fare wasn't even there," he said. … [Read more...]
The Week Ahead: Apple’s Conference, G.M.’s Annual Meeting, and a Trade Vote in Europe
Apple Upgrades, Minus TV Apple is set to kick off its annual conference for software developers on Monday. The company is expected to show new and improved versions of OS X, its Mac operating system, and iOS, the mobile software system powering iPhones and iPads. The company will also introduce a new streaming music service that it developed with Beats Electronics, the company … [Read more...]
HackerOne Connects Hackers With Companies, and Hopes for a Win-Win
SAN FRANCISCO - In 2011, two Dutch hackers in their early 20s made a target list of 100 high-tech companies they would try to hack. Soon, they had found security vulnerabilities in Facebook, Google, Apple, Microsoft, Twitter and 95 other companies' systems. … [Read more...]
Time Warner Cable C.F.O. Leaves Company
Arthur T. Minson Jr., who helped guide Time Warner Cable through the collapse of the $45 billion takeover attempt by Comcast, then the $56 billion proposed sale to Charter Communications, is leaving his position as chief financial officer of the company to work as president and chief operating officer of WeWork, a company that rents shared office space. … [Read more...]
Intel Agrees to Buy Altera for $16.7 Billion
Intel said on Monday that it had agreed to acquire the smaller chip maker Altera for $16.7 billion. The deal comes after the two American companies held talks earlier this year. Further discussions had been delayed, however, when Altera rejected an earlier offer by Intel, people briefed on the talks have said. … [Read more...]