Category: Business
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Boeing defense head Ted Colbert to leave
[ad_1] (Reuters) -Boeing said on Friday that Ted Colbert, president and CEO of its defense, space and security unit will be leaving the company effective immediately. The planemaker said Steve Parker will take over Colbert’s responsibilities until a replacement is named at a later date. (Reporting by Utkarsh Shetti in Bengaluru) [ad_2] Source link
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Apple’s showdown with its Chinese rival Huawei is here as both companies launch new smartphones on the same day
[ad_1] Huawei’s trifold smartphone, the Mate XT, debuted Friday in China, as did Apple’s iPhone 16 — and it’s turning out to be a showdown between the tech rivals in the largest smartphone market in the world, where Apple is working to reclaim slipping territory. The competition has been tight over the past year, and…
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Critical swing state OKs controversial ballot-counting rule that Trump favors
[ad_1] Georgia’s State Election Board on Friday voted to approve a new rule that requires poll workers to count the number of paper ballots by hand. The board voted 3-2 to approve the rule, going against the advice of the state attorney general’s office, the secretary of state’s office and an association of county election…
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Construction giant collapse sees 2,200 jobs cut
[ad_1] Thousands of people have lost their jobs after the UK operations of an international construction giant collapsed into administration. Some 2,200 workers have been made redundant with immediate effect, joint administrators EY said in a statement on Friday. The business, owned by the US firm Cathexis, had been struggling financially for some time. Attempts…
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Mohamed Al Fayed: a gilded life full of controversy
[ad_1] Mohamed Al Fayed, who female former employees accused of sexual assault in a BBC investigation this week, was flamboyant, extrovert and a thorn in the side of the royal family. That today, a year after his death at the age of 94, he is still making headlines reflects a life much mired in controversy.…
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A 41-year-old transformed his body with 2 diet changes and 1 simple workout technique
[ad_1] An office worker got ripped and transformed his fitness in seven months with a few simple changes to his diet and exercise routine. London-based Alec Knebeg, 41, works for a bank and said he had spent years hitting the gym with little to show for it. “I’ve always been somebody who went to the…
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More than 3,000 jobs could be at risk as prison builder ISG heads for collapse
[ad_1] Thousands of jobs could be at risk and dozens of government construction projects paused as ISG, one of the UK’s largest contractors, filed for administration. In the biggest collapse of a UK construction company since Carillion, the ISG chief executive, Zoe Price, confirmed in an email on Thursday that the company had filed for…
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Americans can get behind dropping degree requirements—but employers and hiring managers keep propping up the ‘paper ceiling’
[ad_1] Academic disqualification, discrimination, and exclusion are unchecked behaviors that are holding back more than 70 million U.S. workers who are skilled through alternative routes (STARs). This “paper ceiling” is an invisible barrier that’s filtering out qualified workers through biased hiring algorithms and a fixation on degree requirements. However, removing degree requirements alone will not…
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Canada July retail sales up 0.9% on autos; seen up 0.5% in August
[ad_1] Sept 20 (Reuters) – Canadian retail sales grew by 0.9% in July from June at C$66.38 billion ($48.95 billion), led by higher sales at motor vehicle and parts dealers, Statistics Canada said on Friday. Sales were likely up 0.5% in August, the agency said in a flash estimate. In July, sales were up in…
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It’s a tough time in retail — and CEO heads keep rolling
[ad_1] John Donahoe is the latest retail CEO to hit the chopping block. “Under his tenure, Nike made a number of mistakes which have weakened the brand — a shakeup was required to try and draw a line under a period of very bad performance and to demonstrate that serious changes are underway,” Neil Saunders,…