St. Jude Restructures Businesses, Cuts 300 Jobs
St. Jude Medical Inc. (STJ), which is dealing with slowdowns in big medical-device markets, announced restructuring and cost-cutting plans Thursday that include eliminating 300 jobs, consolidating business units and naming a new chief financial officer.
Oil, Gas Companies Assess Damage in Isaac's Wake
U.S. Gulf Coast oil and gas companies on Thursday emerged from shelter in the wake of Hurricane Isaac, assessing the damage and beginning to restaff evacuated refineries and offshore platforms as the now-weakened storm winds its way through central Louisiana.