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Business Events Layoffs

  • WASHINGTON, April 28- The U.S. Congress on Friday passed stopgap legislation to avert a government shutdown at midnight and give lawmakers another week to reach a deal on federal spending through the end of the fiscal year, with contentious issues remaining to be resolved. Congress has been tied in knots over $1 trillion in spending priorities for months.

  • WASHINGTON, April 28- The U.S. House of Representatives on Friday overwhelmingly passed stopgap legislation to avert a government shutdown at midnight and give lawmakers another week to reach a deal on federal spending through the end of the fiscal year. After the House passed the measure by a tally of 382-30, the legislation went the Senate, where Republican...

  • WASHINGTON, April 28- The U.S. House of Representatives on Friday overwhelmingly passed stopgap legislation to avert a government shutdown at midnight and buy time on reaching a deal on federal spending through the end of the fiscal year. The legislation now goes to the Senate, where Republican leaders hope to take it up later in the day, approve it and send it to...

  • WASHINGTON, April 28- The U.S. House of Representatives began debate on Friday on short-term legislation to avert a government shutdown at midnight and buy some time on reaching a deal on federal spending through Sept. 30. If the measure passes the House, as expected, the Senate would be prepared to take up the bill immediately in the hopes of approving and sending...

  • *2016 net loss 782 mln euros vs 2015 loss 447 mln. BERLIN, April 28- Air Berlin reported a record net loss of 782 million euros in 2016 as well as a widening loss in the first quarter of 2017, and said it was seeking new partners as it battles to revive its fortunes. Air Berlin, 29 percent owned by Abu Dhabi- based Etihad, is already undergoing a restructuring that will see...

  • WASHINGTON, April 27- The U.S. Congress is set to debate legislation that would extend until May 5 the deadline for a deal on federal spending through September and head off a feared government shutdown at midnight on Friday. The House Rules Committee, in a late-night meeting, voted 8-2 to send the legislation to the full House of Representatives for debate and...

  • WASHINGTON, April 27- President Donald Trump downplayed the severity of a potential government shutdown on Thursday, just two days shy of a deadline for Congress to reach a spending deal to avert temporary layoffs of federal workers. Congress has until 12:01 a.m. ET on Saturday to pass a bill to fund the government or face a shutdown, which would temporarily lay...

  • WASHINGTON, April 27- President Donald Trump downplayed the severity of a potential government shutdown on Thursday, just two days shy of a deadline for Congress to reach a spending deal to avert temporary layoffs of federal workers. Congress has until 12:01 a.m. ET on Saturday to pass a bill to fund the government or face a shutdown, which would temporarily lay...

  • WASHINGTON, April 27- The U.S. Congress took steps to extend until May 5 the deadline for reaching a deal on federal spending through September and head off a feared government shutdown at midnight on Friday. The legislation was likely to be voted on by the House of Representatives and Senate on Friday, meaning that if it passes, it would have to be rushed to...

  • WASHINGTON, April 27- The U.S. Congress began moving to extend Friday's budget deadline until May 5 and was expected to pass legislation allowing more time to finalize a spending deal to fund the federal government through September and avoid a shutdown. House Appropriations Committee Chairman Rodney Frelinghuysen introduced a bill on Wednesday to fund...

  • WASHINGTON, April 27- The U.S. Congress began moving to extend Friday's budget deadline until May 5 and is expected to pass legislation allowing more time to finalize a spending deal to fund the federal government through September and avoid a shutdown. House Appropriations Committee Chairman Rodney Frelinghuysen introduced a bill late on Wednesday night...

  • WASHINGTON, April 27- The U.S. Congress began moving to extend Friday's budget deadline until May 5 and is expected to pass legislation allowing more time to finalize a spending deal to fund the federal government through September and avoid a shutdown. House Appropriations Committee Chairman Rodney Frelinghuysen introduced a bill late on Thursday night to...

  • The company raised its full-year profit forecast to $1.28- $1.33 per share from $1.26- $1.31, and said its board authorized a $5 billion share buyback program. Revenue rose 17 percent to $2.98 billion, beating analysts' average estimate of $2.94 billion. Chief Financial Officer John Rainey said the company was planning some staff cuts and other restructuring...

  • The company raised its full-year profit forecast to $1.28- $1.33 per share from $1.26- $1.31, and said its board authorized a $5 billion share buyback program. Revenue rose 17 percent to $2.98 billion, beating analysts' average estimate of $2.94 billion. Chief Financial Officer John Rainey said the company was planning some staff cuts and other restructuring...

  • WASHINGTON, April 26- The U.S. Congress inched toward a deal to fund the government through September but was preparing to possibly extend a midnight Friday deadline in order to wrap up negotiations and avoid an imminent government shutdown. The arduous talks have produced at least two major victories for Democrats so far, even though they are the minority...

  • NEW YORK— Some 100 on-air personalities at ESPN, including former athletes-turned-broadcasters Trent Dilfer, Len Elmore and Danny Kanell, have lost their jobs as part of a company-wide restructuring that emphasizes a more digital future. Many are releasing the news on social media, including NFL reporter Ed Werder, baseball reporter Jayson Stark and college...

  • WASHINGTON, April 26- The U.S. Congress inched toward a deal to fund the government through September but was preparing to possibly extend a midnight Friday deadline in order to wrap up negotiations and avoid an imminent government shutdown. The one-week extension would give leading Republicans and Democrats "a little breathing room" to finish negotiations...

  • WASHINGTON, April 26- The U.S. Congress inched toward a deal to fund the government through September but was preparing to possibly extend a midnight Friday deadline in order to wrap up negotiations and avoid an imminent government shutdown. The one-week extension would give leading Republicans and Democrats "a little breathing room" to finish their...

  • April 26- Walt Disney Co' s ESPN television unit is laying off about 10 percent of its 1,000 on-air staff, according to a source familiar with the situation. In a memo to employees on Wednesday, ESPN President John Skipper announced changes to ensure the company is quicker to respond to the changing viewing patterns of sports fans. Our content strategy- primarily...

  • April 26- Walt Disney Co' s ESPN television unit is laying off about 10 percent of its 1,000 on-air staff, according to a source familiar with the situation. In a memo to employees on Wednesday, ESPN President John Skipper announced changes to ensure the company is quicker to respond to the changing viewing patterns of sports fans. Our content strategy- primarily...