The bleak retirement outlook for displaced workers
If you thought that Americans as a whole were unprepared for a secure retirement, you should see the ones who have lost their job.A report from the Transamerica Center for Retirement Studies finds many unemployed and underemployed workers have been dipping into their retirement accounts to fund
Kinross Gold Names Brant Hinze President
Kinross Gold Corp. (KGC) said early Thursday it has named Chief Operating Officer Brant Hinze to the additional role of president as the gold miner turns its focus to cutting costs across its operations.
Tata Motors Misses 1Q Forecast as Weaker Rupee Hurts
Tata Motors Ltd. (TTM) Thursday posted a 12% rise in its fiscal-first-quarter consolidated net profit, but missed market estimates as an eightfold increase in foreign-exchange losses offset most of the gains from higher vehicle sales at its U.K. unit Jaguar Land Rover Plc.
Former Employee Sues Infosys in US on Alleged Visa Fraud
Infosys Ltd. (500209.BY) said Thursday a former employee has sued the outsourcing-services provider in the U.S. over alleged abuse of visa rules, deepening the Indian company's legal troubles in a market that accounts for most of its revenue.
India Government Readies for Next Round of Share Sales
India is likely to commence the next round of stake sales in state-run companies with an initial public offering in Rashtriya Ispat Nigam Ltd. in September, as New Delhi seeks to take advantage of recent stability in the stock market to bolster revenue and rein in its budget deficit.
Crude Oil Prices Nudge Up on Supply Worries
Oil futures climbed mildly, buoyed by supply disruptions in the Gulf of Mexico and hopes that disappointing Chinese data will prompt the country to unleash more stimulus measures.