Von Hoffman writes, “She has been lapping the field for fifty-one years at the magazine, and when she writes an article predicting the death of what has been the premier American industrial corporation, it is not done for sensation.
“The article describes the long, losing struggle to turn GM around. Everything in sight that management can cut has been cut. Wagoner’s salary has been chopped in half, as has the dividend. But the dimensions of the company’s troubles are so huge that the savings of half a billion dollars on the dividend is a trifle. Thus Loomis writes, ‘no companies have ever turned around because of cost cutting alone.'”
Read the entire article here.
The Advocate is looking for a savvy reporter to cover the Baton Rouge business scene…
MLex, a LexisNexis company, is an independent news organization for breaking news and forward-looking analysis…
The Austin Business Journal seeks a staff writer to cover economic development in one of…
A Russian court on Saturday placed Sergei Mingazov, a journalist for the Russian edition of…
Justin Nielsen of Investor's Business Daily writes about the newspaper's 40th anniversary. Nielsen writes, "When the…
Clare Fieseler has been hired by Politico and subsidiary E&E News to cover renewable energy,…