NEW YORK— The corporate parent of CNN, TNT and TBS on Tuesday offered voluntary buyouts to 600 veteran employees, part of an overall cost-cutting effort at the Atlanta- based broadcasting company founded by Ted Turner. Turner Broadcasting chief executive John Martin has been talking for several months about a restructuring plan he has called Turner 2020..» Read More
LONDON, March 6- Ukrainian dollar bonds fell around 1 cent on the dollar on Thursday towards the previous day's lows on concern about possible debt restructuring following comments by Ukraine's finance minister.
March 5- Puerto Rico's Government Development Bank said Wednesday that it hired Millco Advisors LP, a Washington, D.C.- based affiliate of Millstein& Co LP to evaluate potential funding sources and financial proposals for the bank and the commonwealth.
NEW YORK, March 4- Beleaguered Washington D.C. law and lobbying firm Patton Boggs is working with restructuring lawyers as it deals with waning revenue and continues to discuss a merger with a larger law firm, according to people familiar with the matter.
James Halstead, managing partner at Aviation Strategy, discusses airlines ahead of quarterly results and highlights the restructuring currently underway.
Ton Buchner, CEO of AzkoNobel, says the group is stepping up its cost reduction plans to meet an improvement program target and discusses growth in China and U.S.
Microsoft's CEO Steve Ballmer is creating "cross-functional strike teams" to work across the individual engineering divisions to spearhead new ideas, explains CNBC's Jon Fortt.
Andrew Tonner, technology and telecoms analyst at The Motley Fool, discusses Microsoft's restructuring announcement, and explains why he is very "skeptical".
CEO Steve Ballmer announced a "far-reaching realignment of the company," reports CNBC's Jon Fortt.
CNBC's Jon Fortt has the latest details on Microsoft's restructuring plans. And Jeffrey Sonnenfeld, Yale School of Management, and Dennis Berman, WSJ Marketplace, weigh in on what the changes mean for the stock and CEO Steve Ballmer.
John Sculley, former Apple CEO, discusses the widely expected launch of Microsoft's restructuring plan and its impact on the company's future.
Dallas Federal Reserve President Richard Fisher, reveals his outlook on jobs and the U.S. economy.
Dallas Federal Reserve President Richard Fisher explains the importance of simplifying bank regulations.
"It's a constant evaluative process," says Dallas Federal Reserve President Richard Fisher, discussing how central bankers are able to gauge the success of its monetary policy.
"But the boats are still tied to the dock," says Dallas Federal Reserve President Richard Fisher." Adding, "we have not seen the type of robust job creation that we would like to see," discussing Fed's monetary policy.
CNBC's Andrew Ross Sorkin reports on that Third Point's CEO has acquired the largest stake in Sony and could be looking into breaking up the company into three separate pieces.
Simon Maughan, financials sector strategist at Olivetree Financial Group, comments on Barclays' quarterly results which were hit by restructuring charges and says it looks better than its two main UK competitors.
Lee Buchheit, Partner at Cleary Gottlieb Steen & Hamilton, also known as the go-to expert for debt-ridden nations, shares the feedback on his plan B for Cyprus.
Andrew Witty, CEO of GlaxoSmithKline, discusses his company's 2012 earnings and explains why he is optimistic about the company's restructuring plans in Europe.
Knight Capital Group, which recently agreed to be bought for $1.4 billion by Getco Holding Co, will lay off 5 percent of its global workforce as part of efforts to restructure the automated trading firm, according to a regulatory filing released on Monday.
Matthew Patsky,Trillium Asset Management CEO, weighs in on Citi's big earnings miss, and why the bank needs to restructure to realize "greater value for the shareholder."