by | Oct 19, 2010 | Towing
BP (BP) will award its fourth-quarter bonuses based entirely on performance on safety-related issues.
CEO Bob Dudley told employees on Monday that the bonus policy is meant to emphasize that safety is the company’s top priority, The Associated Press reported.
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The policy will help ensure that “a low-probability, high-impact incident such as the Deepwater Horizon tragedy never…
Continue reading BP to Award Bonuses Based on Safety Perfomance
BP to Award Bonuses Based on Safety Perfomance originally appeared on DailyFinance on Tue, 19 Oct 2010 07:46:00.
Filed Under: Energy, Company News, Technology, People, Green, BP
by | Oct 19, 2010 | Towing
Delayed flights cost the U.S. economy a total of $32.9 billion every year, according to a new study of domestic flights.
More than half that figure is money out of the pockets of passengers, who are forced to spend money on items including food and hotel rooms while they wait for their plane, according to a report commissioned by the Federal Aviation Administration.
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Airlines lose…
Continue reading Delayed Flights Cost U.S. Economy $32.9 Billion a Year
Delayed Flights Cost U.S. Economy $32.9 Billion a Year originally appeared on DailyFinance on Tue, 19 Oct 2010 07:16:00.
Filed Under: Company News, Retail
by | Oct 19, 2010 | Towing
Americans will raise their holiday spending by 1% this year, offering “glimmers of hope” for retailers, according to a trade group.
A survey by the National Retail Federation showed that U.S. consumers plan to spend an average of $688.87 on holiday-related shopping, Bloomberg News reported. Of the total, $518.08 will be spent on gifts.
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“Consumers will still shop with the economy in…
Continue reading Americans to Spend More Over Holiday Season
Americans to Spend More Over Holiday Season originally appeared on DailyFinance on Tue, 19 Oct 2010 06:53:00.
Filed Under: Company News, Economy, Retail
by | Oct 19, 2010 | Towing
Legal wrangling may delay Volkswagen’s (VLKAY) merger with Porsche, Volkswagen CEO Martin Winterkorn said.
Volkswagen planned to complete a merger with Porsche in 2011. Porsche originally planned to buy Volkswagen by securing stock options, only to see its debt levels surge.
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Now, U.S. based-short-sellers of Volkswagen stock are suing Porsche. They say the sports-car maker secretly…
Continue reading Legal Problems May Delay Volkswagen’s Merger With Porsche
Legal Problems May Delay Volkswagen’s Merger With Porsche originally appeared on DailyFinance on Tue, 19 Oct 2010 06:33:00.
Filed Under: Company News, Autos, Small Business
by | Oct 19, 2010 | Towing
Despite a slip in its ratings dip and the loss of man-we-love-to-hate Simon Cowell, American Idol remains the most expensive show on TV for advertisers. Why are they willing to pay close to half a million dollars for a 30-secon…
