Thursday , 12 December 2019
Breaking News
Home » Tag Archives: Chief Executive

Tag Archives: Chief Executive

Bank of America reports $1.2bn loss

Bank of America has reported a second straight quarterly loss, driven by a $2bn (£1.25bn) writedown of its mortgage business. The bank announced a net loss of $1.2bn in the last three months of 2010, compared with a $5.2bn loss a year ago. However, last year’s results included a $4bn charge related to the government’s Troubled Asset Relief Program (Tarp). ... Read More »

MySpace slashes nearly half its global staff

MySpace, the ex-social networking site has been taking the fall ever since the launch of Facebook. It did nothing to rebound and looks like its going through a very tough time now. MySpace just fired almost 50% of its employees worldwide! Struggling entertainment site MySpace said Tuesday that it is cutting nearly half of its staff worldwide, or about 500 ... Read More »

Spirit Airlines pilots go on strike!

The pilots of Spirit Airlines walked off their jobs on Saturday morning. They are on strike protesting demanding better pay. The strike was called on after negotiations that went on into the wee hours failed to produce a new contract. “Spirit pilots are willing to withdraw their services to get the contract they deserve,” said Captain John Prater, president of ... Read More »