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Not so: Lamborghini is using lightweight carbon-fiber components to improve the efficiency and power-to-weight ratio of its cars, and it seeks to cut vehicle emissions by 35 percent within six years.
NEW YORK TIMES American Express to Cut 5,400 Jobs | The Associated Press reports: "American Express said on Thursday that it would cut about 5,400 jobs, mainly in its travel business, as it seeks to cut costs and transform its operations while more of its customers shift to online portals for booking travel plans and other needs".
American Express said on Thursday that it would cut about 5,400 jobs, mainly in its travel business, as it seeks to cut costs and transform its operations while more of its customers shift to online portals for booking travel plans and other needs.
The parent company of American Airlines, it is seeking approval for a flurry of customary motions that will keep its lights on as it seeks to cut costs in bankruptcy protection.
The post-takeover job losses will come on top of 7,500 announced by Shell for its own business as it seeks to cut costs after a slump in oil prices.
Legato Systems Inc., which makes software to manage and protect data-storage systems, will lay off up to 6percentt of its work force by June 30 as it seeks to cut costs.
Similar(33)
A north London council is facing its first electoral test after it sought to cut costs by outsourcing services.
Wolseley, the world's largest distributor of plumbing products, said yesterday that it was cutting 1,300 more jobs in the United States as it sought to cut costs amid the struggling housing market.
When the small, beleaguered city of Central Falls, R.I., filed for bankruptcy this month, it sought to cut the pension checks it has been sending its retired police officers, firefighters and other workers by as much as half.
Coca-Cola said it exceeded the $500 million it sought to cut during the four years that ended in the last quarter.
Who would conceivably tell shareholders that it sought to cut profits and be slated as a result?
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