ZURICH (Reuters) – ABB <ABBN.S> is axing a quarter of the jobs at one of its U.S. plants, the engineering company said on Friday, as it presses ahead with its reorganization. The Swiss company said it was reducing the workforce at the small transformers plant in South Boston, Virginia, by 113 workers, citing a downturn […]
WASHINGTON (REUTERS) – Russia was not invited to attend a 30-country virtual meeting led by the United States that is aimed at combating the growing threat of ransomware and other cyber crime, a senior administration official said. Many ransomware gangs operate from Ukraine and Russia, private sector cybersecurity experts say. Some US officials and analysts […]
By Lewis Krauskopf and Jessica Resnick-Ault NEW YORK (Reuters) – The 2010s was a lost decade for shares of U.S. energy companies overall. Volatile commodity prices amid growing supply, poor financial performance and disfavor from some investor groups all contributed to the energy sector’s transformation from investor darling to investor outcast. Graphic: https://fingfx.thomsonreuters.com/gfx/mkt/13/318/318/Pasted%20Image.jpg U.S. crude […]
