Contractors providing thousands of building workers to South Africa’s state power company fired more than 1,500 employees at a key project, after a one-day strike threatened further delays to construction of a plant.
A Russian car-making venture owned by Peugeot Citroën and Mitsubishi Motors will temporarily suspend production at its factory in Russia and cut jobs in response to the nation’s plunge in auto sales.
Ford Motor Chief Executive Mark Fields earned $18.6 million in 2014, mostly in stock compensation and other incentives.
Mondelez International Inc. said Chief Executive Irene Rosenfeld’s total compensation rose 50% in 2014, boosted by an increase to her annual incentive award and pension value.
German auto maker says its coming offering will appeal to existing pickup owners looking for greater luxury and comfort than now available from midsize pickups from Toyota, General Motors and others.
Chevron plans to sell its stake in an Australian oil-refining business for about $3.60 billion, as the U.S. oil company sheds assets to buffer its balance sheet from tumbling oil prices.
Ronald Read, who died in June at 92, spent years pumping gas. His friends were shocked when they learned his estate was valued at almost $8 million.
Join Jeff Kuhner at the Kowloon in Saugus on Thursday, April 9th for the next WRKO Town Hall. There are multiple ways to win your way in.
To get tickets to the event, you can: