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As charities prepare for year-end donation drives, the worst recession in decades has given pause to the philanthropist next door.
Engineering services company Mistras Group Inc. is set to debut its shares Thursday, following an effort that was cut short last year by the sinking economy.
Connecticut Gov. M. Jodi Rell offered $100 million worth of incentives Thursday to jet engine maker Pratt & Whitney to prevent the possible loss of about 1,000 jobs.
Gov. M. Jodi Rell offered $100 million in incentives Thursday to jet engine maker Pratt & Whitney to prevent the possible loss of about 1,000 jobs.
State lawmakers began looking at ways Friday to halt possible job cuts at Pratt & Whitney, but met resistance from the Connecticut-based jet engine maker, which said it prefers to work with economic development officials.
Waste Management, the nation's largest trash hauler, said Thursday its second-quarter profit dropped sharply due largely to falling recycling and energy prices.
Corporate America typically hires lobbyists to pressure Congress on taxes and trade rules. But in an unusual — some say risky — move, five military contractors and an energy company have stepped into a fight over whether the U.S. should label Turkey's slaughter of a million Armenians nearly a century ago as genocide.
The chairman of United Technologies Corp. will join other executives Monday to urge governments and industry to adopt building codes that will boost energy efficiency in buildings worldwide.
Ingersoll-Rand Co. Chairman and Chief Executive Herbert L. Henkel received 2008 compensation valued at $11.4 million, up about 7 percent year-over-year, according to Associated Press calculations of data filed with regulators Wednesday.
Caterpillar Inc. Chairman and Chief Executive James W. Owens received 2008 compensation valued at $14.6 million, down about 1 percent from the previous year, according to an Associated Press calculation of figures filed with regulators Tuesday.
Marijn E. Dekkers, chief executive of Thermo Fisher Scientific Inc., received a 2008 compensation package of $18.7 million, several times the $3.3 million he earned the previous year, according to an Associated Press analysis of data filed with regulators.
James E. O'Connor, chief executive of Republic Services Inc., received a 2008 compensation package valued at $10.6 million last year, according to Associated Press calculations of data filed with regulators. That's up 53 percent from what he received in 2007, before the waste hauler bought rival Allied Waste Inc. to create the industry's second-largest company.
Dover Corp.'s Robert Livingston earned $3.1 million in 2008, the year he became chief executive and president of the diversified manufacturer, according to an Associated Press analysis of a regulatory filing.
Textron Inc., which has been reeling from the financial crisis and sharp declines in orders for business jets, cut the compensation for its chief executive last year.
Waste Management Inc. said Thursday its fourth-quarter profit slid 29 percent on declines in its recycling business and one-time charges. The nation's No. 1 waste hauler also announced a restructuring and consolidation plan intended to save $100 million per year.
Jet engine maker Pratt & Whitney Canada said Wednesday it will lay off up to 1,000 workers in response to falling business jet orders.
United Technologies Corp.'s chief financial officer reiterated the industrial conglomerate's 2009 profit forecast on Thursday, even voicing optimism in the face of the deteriorating economy.
For school bus driver Jamille Aine, a cold is more than an inconvenience. His employer does not offer paid sick days, so if he can't shake the bug, he may not be able to pay his bills.
Efforts by Waste Management Inc. to buy rival trash hauler Republic Services Inc. are getting more complicated.
Waste Management Inc. has raised its unsolicited buyout offer for Republic Services Inc. by 9 percent to $6.73 billion, escalating a takeover battle among the nation's largest trash haulers.
Waste Management Inc. has raised its unsolicited buyout offer for Republic Services Inc. by about 9 percent to $6.73 billion, escalating a takeover battle among the nation's largest trash haulers.
The trash talking has begun.
City police on Friday released audio recordings of two 911 calls made shortly after a 78-year-old man was struck by a car and then left alone in the street by passing motorists and pedestrians.
General Electric Co., the international conglomerate with a stake in everything from jet engines to network television, is investing $20 million in technology that will allow doctors to share and transmit images of microscopic human tissue.
General Electric Co.'s annual meetings are typically upbeat affairs as executives showcase the company's successes to satisfied shareholders of one of the world's most diversified and successful companies.
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