Avon Eliminating Hundreds Of Jobs; Leaves Ireland

More from CBS MoneyWatch - CBS News, CBS News: Business
Mon, 04/08/2013 - 5:12am

Company: Job cuts will occur across all regions and segments; most should be completed by year's end

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Sears Didn't Move Fast Enough, CEO Says
Sears continues to struggle to get a "decent" return on its assets and the retailer didn't move fast enough to cut expenses after the financial crisis, the CEO said at the annual meeting. More
Meetup CEO Points To Booming Growth As His Company Hits 100 Million RSVPs
As his company readied to push past the 100 million RSVP mark earlier this month, Meetup CEO Scott Heiferman refused to celebrate. More
Exxon CEO's Compensation Rises to $40.2 Million
Exxon Mobil said CEO Rex Tillerson's total compensation rose 15% last year to $40.2 million. More
Judge denies $20M severance deal for AMR CEO
A federal bankruptcy judge has at least temporarily blocked a proposed $20 million severance payment for the CEO of American Airlines as part of the company's merger with US Airways. The judge ruled Thursday that the proposed payment to CEO Tom Horton exceeded limits that Congress set for bankruptcy cases in 2005. More
Facebook's Zuckerberg launches political group
Facebook CEO Mark Zuckerberg has formally launched a political group aimed at revamping immigration policy, boosting education and encouraging investment in scientific research. More

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