Tag Archives: trim
McConnell: Spending Cuts Are Modest
WASHINGTON — The Senate’s Republican leader says the automatic spending cuts that just started to kick in are modest and a step toward curing Washington of its “spending addiction.” Sen. Mitch McConnell says the across-the-board cuts are not as devastating as some predicted. The Kentucky Republican also says families have had to trim their budgets and can appreciate Washington’s step to curb spending. Continue reading
Pension Fund ABP to Trim Benefits
The Netherlands’ Algemeen Burgerlijk Pensioenfonds, one of the world’s biggest pension funds, said Friday it will trim benefits this year to strengthen its capital position, a move that will affect hundreds of thousands of pensioners. Continue reading
In giant "garage sale", Japan’s TV giants hawk $3 billion of assets
TOKYO (Reuters) – Panasonic Corp, Japan's struggling maker of Viera brand TVs, owns more than 10 million square meters of office and factory space, dormitories for its workers and sports facilities for its rugby, baseball and women's athletics teams. As it battles for Christmas shoppers' wallets in the year-end holiday season, the sprawling electronics conglomerate is also seeking buyers for some of those properties to trim its fixed costs and improve cashflow at a time of intense competition, particularly from South Korean rivals such as Samsung Electronics Co Continue reading
Campbell shutters its oldest soup plant
Campbell Soup Co. is closing two U.S. Continue reading
Safeway Recalls Ground Beef Items Sold In Northwest
PLEASANTON (dpa-AFX) – Safeway Inc. (SWY) announced that in cooperation with the USDA Food Safety Information Service’s public health alert on raw boneless beef trim products imported from Canada … Continue reading
Puerto Ricans reject constitutional changes in upset vote
SAN JUAN, Puerto Rico (Reuters) – Puerto Rican voters on Sunday unexpectedly rejected a pair of constitutional amendments that would have limited some defendants' right to bail and shrunk the legislature in the U.S. territory to cut costs. With nearly 83 percent of the precincts counted, the “no” vote was leading 54.22 percent to 45.78 percent on the bail restrictions and 53.45 percent to 46.55 percent on the measure to trim the number of seats in the legislature to 56 from 78, elections officials said. Continue reading
Puerto Ricans reject constitutional changes in upset vote
SAN JUAN, Puerto Rico (Reuters) – Puerto Rican voters on Sunday unexpectedly rejected a pair of constitutional amendments that would have limited some defendants' right to bail and shrunk the legislature in the U.S. Continue reading
