Motorola has refuted reports that its Moto G and Moto E smartphone lines are to be culled. The company's Chinese owner, Lenovo, recently revealed that the Motorola brand was to be phased out, and that the American entity's phone range was ...
Tags: Motorola, Moto G, Moto E, smartphone
The 20-year cost of the Midcontinent Independent System Operator's compliance with the US Clean Power Plan could be as little as $5.8 billion to as much as $104 billion in today's dollars, depending on which strategies are pursued, ...
Tags: Clean Power, natural gas
The 849 MW FitzPatrick nuclear power plant in Scriba, New York, will be shut permanently by late 2016 or early 2017, due to "the continued deteriorating economics of the facility," Entergy said Monday in a statement. The unit is licensed to ...
Xcel Energy is confident it can cut carbon emissions by 60% by 2030 from 2005 levels at a negligible cost to customers, mainly by building two new natural gas plants, adding more than 2,000 MW of renewables and keeping its nuclear plants ...
Tags: Xcel Energy, Carbon Emissions, natural gas
Father Francis Li Jianlin has been looking for investment opportunities and health insurance in his spare time, spurred on by a feeling of responsibility for the priests and nuns in his Catholic diocese in Xinxiang, Henan province. ...
In its trading statement for the 26 weeks period to July 25, 2015, UK fashion retailer Next reported a 3.5 per cent year over year hike in full price sales. “Next full price sales for the first half of fiscal 2016 grew 3.5 per cent, ...
Tags: Next Retail, Clearance rates, Apparel
Posted in Medical Device Business by Chris Newmarker on April 3, 2015 Robert Cascella was previously CEO of Hologic. He joins Philips as the Dutch multinational increasingly focuses on what it calls HealthTech. Robert Cascella, who ...
Tags: Philips, LED components, Medicine
Dutch brewer Heineken has revamped its leadership teams and regional strategy in a bid to improve revenues. Several executives will leave the group as it plans to restructure its business to focus around four geographic regions. This ...
Martin Allen, MD of Airsprung Group's headboard division, Swanglen, is set to retire at the end of March. Martin joined Swanglen as operations director 23 years ago and in that time has been responsible for the complete overhaul and ...
Tags: Swanglen, Retirement, Furniture
Acording to a recent survey by the Federation of Korean Industries, 17 out of 29 major business groups in Korea picked restructuring as the center of their business strategy for this year. In contrast, only eight and two chose R&D ...
Tags: Conglomerates, Electronics
After 10 years at the helm of Amcor, Ken MacKenzie has decided to retire from the position of managing director and chief executive officer, Amcor chairman, Graeme Liebelt announced on 22 January. “I believe after 10 years in the ...
PPG Industries has announced that David B. Navikas, senior vice president, strategic planning and corporate development, will retire effective March 1. “PPG has benefited greatly from David’s deep knowledge of our ...
Tags: coatings business portfolio, chief financial officer, Construction
Posted in Medical Device Business by Brian Buntz on January 8, 2015 Pete Nicholas, who co-founded Boston Scientific with John Abele in 1979, has announced that he intends to resign from the firm’s board of directors in 2017. ...
Genesco Inc. announced that James S. Gulmi, senior vice president and chief financial officer, has made the decision to retire from the role of chief financial officer at the end of its current fiscal year. Gulmi, who has served as ...
Tags: Succession Plans
The Board of Directors of Exxon Mobil Corporation, one of the world’s leading petrochemical companies, has appointed Neil Chapman as the new vice president of the company, effective Jan. 1, 2015, replacing Stephen D. Pryor, who has ...