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J&J to Cut 3,000 Jobs Amid Medical-Device Sales Slump
2016-01-19 22:39:41| Food - Topix.net
Johnson & Johnson plans to cut about 3,000 jobs, or 2.5 percent of its total workforce, from its medical devices business in a move that could set up the world's largest maker of health-care products to rebuild the unit through acquisitions. The company will reduce 4 to 6 percent of positions at the medical-device business over the next two years, leading to pretax restructuring costs of $2 billion to $2.4 billion.
Lackluster holiday sales prompt Tiffany to cut outlook, staff
2016-01-19 20:25:16| Jewelry - Topix.net
Tiffany & Co. says weak tourist spending and a strong dollar hurt its sales results for the two-month holiday period.
The battle for the future of auto sales rages on at FTC hearing - Roadshow
2016-01-19 19:23:10| Auto Dealers - Topix.net
Cars are Andrew's jam, as is strawberry. He started his auto-industry career working as a photographer and social media coordinator for Fluid MotorUnion, a prominent aftermarket parts fabrication garage for late-model European vehicles.
Tags: auto
sales
future
battle
Plug-In Electric Car Sales For 2015 Fall Slightly From 2014
2016-01-19 19:23:08| Auto Dealers - Topix.net
The U.S. new-vehicle market set a new record last year, with deliveries of new passenger cars and light trucks totaling 17.39 million. But battery-electric and plug-in hybrid vehicles saw their totals fall slightly, from about 120,000 in 2014 to roughly 115,000 last year.
Tiffany cuts jobs as sales lose sparkle
2016-01-19 16:15:48| Jewelry - Topix.net
Upscale jeweler Tiffany & Co reported a sharp decline in holiday season sales and cut jobs as it struggles with weak spending by tourists in its showpiece stores in the United States. The company's traditional reluctance to offer promotions has been turning away thrifty customers and a stronger dollar has made purchases more expensive for tourists.
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