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Procter & Gamble announced plans Thursday to cut 5,700 positions globally by June of next year.
In a presentation to the Consumer Analyst Group of New York, Procter & Gamble () CEO Bob McDonald and CFO Jon Moeller said the cuts were part of a plan to save $10 billion in costs by 2016. […]
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Greece gave in to more painful spending and job cuts Thursday, only to have European ministers question whether they were enough to deliver a euro130 billion bailout and stave off bankruptcy.
Greece’s new austerity plan, which makes sharp cuts to the minimum wage and thousands of public-sector jobs, ignited fresh criticism from unions and the country’s […]
The Bank of England is to inject another 50 billion pounds ($79 billion) into the British economy, which contracted in the last three months of 2011 and is likely to face further difficulties as Europe struggles to contain its raging debt crisis.
The new stimulus, approved by the nine-member Monetary Policy Committee on Thursday and which […]
UPDATED at 8:40 p.m.
After months of stop-and-start negotiations, St. Louis University and Des Peres hospitals have reached a new 4-year agreement with HealthLink Inc. and Anthem Blue Cross and Blue Shield in Missouri.
The deal ends the uncertainty for thousands of St. Louis area patients, especially some of those undergoing cancer and transplant patients on long-term […]
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Jeff Rose, 33, a financial planner, is trying to improve his credit score — even though it’s 780, which is 69 points above the median score.
Rose, who lives in Carbondale, Ill., said he opened up a second credit card last year to establish another line of credit and help boost his score. He said he […]
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The U.S. trade deficit widened in November for the first time in five months, largely because of a spike in the price of imported oil.
Still, exports fell for a second straight month, a sign that Europe’s slowdown has begun to affect the U.S. economy.
The trade gap rose 10.4 percent to $47.8 billion, the Commerce Department […]