Volkswagen warns workers of rough path ahead for crisis cuts
Volkswagen chief Matthias Mueller told headquarters staff the company will review all planned investments and cancel nonessential ones as it accelerates a broad efficiency drive. He warned, this won't be painless, amid a sweeping emissions cheating scandal and potential costs far beyond the initial seven billion euros.
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Volkswagen
Matthias Mueller
Wolfsburg
Germany
Mueller
Max Warburton
Warburton
Europe
U.S
Chattanooga
Tenn
U.S. Justice Department
General Mills recalls Cheerios over gluten gluten-free risk
General Mills will recall about 1.8 million boxes of Cheerios and Honey Nut Cheerios produced at the Lodi California facility. The recall covers four days of original Cheerios and 13 days of Honey Nut Cheerios due to potential wheat contamination in products labeled gluten free.
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General Mills
Lodi
Calif
Microsoft unveils Surface Book and Lumia push in Windows 10 era
Microsoft rolls out the Surface Book laptop priced from 1499 and up and the Lumia 950 and 950 XL smartphones as part of a Windows 10 push. The Surface Pro 4, HoloLens demo, and Band wearable highlight a broader strategy to make Windows 10 essential across PC, mobile, and wearables. Microsoft CEO Satya Nadella stresses moving users to love Windows with faster devices, new software, and integrated services.
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New York
Microsoft
Satya Nadella
Nadella
Nokia
Windows
Terry Myerson
Midair
Office
Edge
OneDrive
Twelve S&P 500 Firms Poised for 2 Billion Losses in Q3
Twelve S&P 500 companies including Anadarko Petroleum H R Block and Amazon are projected to post a combined 2 billion dollar loss in the third quarter according to a USA TODAY analysis of S P Capital IQ data. Energy firms lead the weakness with tenants of profit declines across the sector. Amazon faces a smaller adjusted loss while H R Block sees a quarterly setback.
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Standard & Poor
Anadarko Petroleum
H&r Block
Amazon
USA Today
S&p Capital IQ
S&p 500
S&p
Anadarko
Amazon.com
EPS
Petroleum Hess
ConocoPhillips
Marathon Oil
Murphy Oil
EOG Resources
Apache
Chesapeake
Ener Amazon.com
Vertex
Pharmaceuticals
Noble Energy
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Joe Raedle
DOW Jones Industrial Avg
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Source Bankrate.com
Marketwatch.com
Apple
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