Severance payments and other costs of a turnaround plan pushed the Frankfurt lender into the red during the second quarter. Source: NYT > Business – Jack Ewing
After Discussion With Trump, Lockheed Martin Plant in Pennsylvania Will Stay Open
The company announced in June that the facility would close by 2020. Now Lockheed’s top executive, Marillyn Hewson, says the plant will “pursue additional work.” Source: NYT > Business – Jacey Fortin
Deutsche Bank Begins Turnaround Drive by Firing Workers
The German lender began layoffs in New York, London and other locations a day after announcing a plan to cut costs and exit high-risk businesses. Source: NYT > Business – Jack Ewing
Deutsche Bank Begins Turnaround Drive by Firing Workers
The German lender began layoffs in New York, London and other locations a day after announcing a plan to cut costs and exit high-risk businesses. Source: NYT > Business – Jack Ewing
Deutsche Bank to Slash Its Investment Banks in Turnaround Bid
The once mighty German bank unveiled a sweeping overhaul on Sunday in what may be its last chance to arrest a decade of decline and scandal. Source: NYT > Business – Jack Ewing
G.M. Leaves Lordstown Behind in Hard Bet on Future
Watch our new TV show from The New York Times on FX and Hulu. Source: NYT > Business –