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Southwestern Energy to cut 1,100 jobs amid oil slump
2016-01-21 19:31:28| Oil & Gas - Topix.net
Southwestern Energy is cutting 1,100 jobs, with the price of crude wallowing at levels not seen in more than a decade. Southwestern Energy had about 2,780 employees at the end of 2014, the last time it reported how many workers it had.
Obama visits Michigan amid Flint water scandal, Detroit school crisis
2016-01-21 01:11:23| Auto Dealers - Topix.net
President Barack Obama visited Detroit on Wednesday to highlight a resurgence in the auto industry, but various crises confronting Michigan -- including poisoned water in Flint and school funding woes in Detroit -- also occupied some of his itinerary. Speaking at a joint General Motors-United Auto Workers facility, Obama opened his speech decrying the water contamination calamity, which has spurred accusations of government negligence and cover-ups.
Tags: school
water
michigan
crisis
Global stock markets dive amid oil rout
2016-01-20 13:31:59| BBC News | Business | UK Edition
Stock markets worldwide have tumbled with investors unsettled by the continued slide in oil prices and fears about the impact on global growth.
Tags: stock
global
oil
markets
Head of Asda's George to step down amid HQ cuts
2016-01-20 12:48:00| Daily apparel & textile news and comment - from just-style.com
Fiona Lambert, the head of Asda's George clothing division, is to step down from her role amid a structural review at the UK retail group that will see hundreds of head office jobs cut.
Shares in London slump amid oil rout
2016-01-20 09:42:23| BBC News | Business | UK Edition
The FTSE 100 slides almost 2% in early trading, partly due to a continued fall in oil prices.
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