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HP job cuts loom for Australian employees
A number of Australian employees of Hewlett-Packard are facing the loss of their jobs as the global computer giant looks to slash its worldwide workforce by up to 30,000.
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Clear Channel agrees raised bid, moves vote date
Peter Dinham
Sunday, 20 May 2007 15:55
NEW YORK, May 18 (Reuters) - Clear Channel Communications Inc. (CCU.N: Quote, Profile, Research said on Friday its board approved an increased buyout proposal of $39.20 a share, or $19.6 billion, which includes an option that allows current shareholders to take about a 30 percent stake in the restructured company.
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