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Discovery Profit Drops Nearly A QuarterProving that the cable business isn’t immune to the economic downturn, Discovery Communication profits fell 22.4 percent to $101 million from $134 million, missing analysts’ estimates. Revenues were up a slight 1.1 percent to $854 ... |
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WebMD Looks Healthy, As Profits, Revenues Rise Double DigitsWebMD’s profits and revenues were up 18.7 percent and 15 percent, respectively, in Q3, as the company was once again able to weather the economic downturn relatively unscathed. The company was helped by selling off one of its weaker spot... |
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US mining and construction equipment maker Caterpillar cuts another 2,500 jobsCaterpillar Inc. (NYSE: CAT) , the largest maker of the world’s construction and mining equipment, has decided to permanently cut 2,500 jobs in the US. Caterpillar has already cut about 34,000 full-time and contracted workers globally during the economic downturn. The 2,500 staff who wil... |
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Christie's Gets Into The Insurance BusinessChristie's has been expanding its services lately. The auction house has been growing its art storage service business and now it will offer complete coverage for collectors who want to insure their valuables, homes, cars and other possessions under a single policy. Christie's Insurance Services ... |
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Times and Sun journalists to move officesMediaGuardian reports that the Times and the Sun are to move into new offices next year – the other side of the car park from the News International Wapping Complex. The Sunday Times and News of the World will move into the Times’ old office building, once it has been refurbished. Full story at ... |
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Hatching New Ideas All The TimeAsk Cindi Witker what she does for a living and you could get a different answer every time. Business First reports that the 59-year-old entrepreneur runs a marketing business that specializes in medical companies, does event planning, launched a medical job Web site in September and has operate... |
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