Cinema chain announces six UK branch closures - London Business News | Londonlovesbusiness.com
Cineworld is closing six more UK branches due to financial struggles, despite restructuring efforts aimed at achieving cost savings and job protection.
Struggling Thames Water receives 5bn buyout offer from Covalis
Covalis Capital has submitted a 5bn bid for Thames Water, aiming to restructure the company amid severe financial difficulties.
Poor performance at GM's China joint ventures leads to $5 billion charge for automaker
GM is facing over $5 billion in asset write-downs and restructuring charges due to poor performance of its Chinese joint ventures.
Intel's annual median pay has been stagnant compared to peers like Nvidia and Microsoft
Intel's median employee pay increased by only 4% in five years, lagging behind competitors.
Post Office faces backlash over potential closure of 115 branches as jobs and services are at risk
Potential closure of 115 Crown Post Office branches threatens 1,000 jobs amidst efforts to achieve financial stability and address community reliance on these services.
The Pro's Closet Is Back: Leading Used Bike Retailer Returns Today
TPC is rebooting under new management and private equity backing after nearly shutting down, focusing on buying used bicycles to recover its business.
Struggling N.Y. college to sell all or part of Manhattan campus
MCNY is selling part or all of its Manhattan campus due to financial difficulties and underutilization.
The college plans to defer a debt payment while restructuring its operations.
Tahoe developers narrowly avoid foreclosure on Waldorf Astoria project
EKN Development is progressing with transforming Tahoe Biltmore into Waldorf Astoria despite prior financial issues.
Steelers 2024 Offseason Roster Rebuild Has Resulted In Cash Savings To Date
The Pittsburgh Steelers have made significant changes to their roster, particularly in the quarterback room with three new additions.
The team has managed to reduce its projected cash spending for 2024 by over $6 million since early February, showcasing a surprising financial restructuring.
Body Shop Canada to lay off 200 workers after parent company took its cash, court docs show | CBC News
The Body Shop Canada seeking creditor protection due to parent company's actions
Company closing one-third of stores and laying off employees as part of restructuring