FILE PHOTO - General Electric Chief Executive Officer John Flannery presents the company's new strategy and financial targets to investors at a meeting in New York, U.REUTERS/Alwyn ScottNEW YORK (Reuters) - General Electric Co last year eliminated bonuses for its senior managers for the first time in its 126-year history, saving millions of dollars after losing money in 2017, the industrial conglomerate said on Monday.
As proof of Athens' continuous habitation they are said to say more about the historic evolution of the birthplace of democracy than any other findings.But video clips seen by the Guardian show men armed with pickaxes and pneumatic drills beginning to destroy the site.
After a year of frustration and false starts, an attempt to build a mountain on top of the Serpentine gallery has been abandoned.The proposal, put forward by the Dutch architect MVRDV, was hailed as the most ambitious project to date in the Serpentine's annual programme of temporary summer pavilions.
En route to catch a flight from Durham airport, 24-year-old Harraj Mann behaved so suspiciously that his driver alerted the authorities.Quick as a flash, an anti-terror squad swung into action, hauling Mann off the jet moments before he could take to the air.
Mel Gibson today denied he was an anti-Semite and apologised to "everyone in the Jewish community for the vitriolic and harmful words" he used when he was arrested for drunken driving.In a statement released through his publicist, Gibson said he was not "just asking for forgiveness" but wanted to meet Jewish leaders to discuss "the appropriate path for healing".
You're constantly solving tiny little problems: misplaced shower gel, room keys, passports, sanity.For the encores, we'd be in Edinburgh and say, 'At least people in Glasgow know they're Scottish whereas in Edinburgh they think they're English,' and all hell would erupt.
The BBC has said all future episodes of cookery show Saturday Kitchen will go out live after admitting that viewers were encouraged to call in on premium rate lines even though a third of the episodes had been pre-recorded.The BBC said this afternoon it had decided to axe pre-recorded shows to end any "ambiguity".
However, the BBC3 controller, Danny Cohen, has declined to order a third series, choosing to round it off with a one-off special.The writers are completely convinced they can produce a better third series than the first two.
The BBC has axed struggling Saturday teatime drama Robin Hood, ending months of speculation about the show's future.Greg Brenman, the Tiger Aspect head of drama, said: "We have been immensely proud to be the most recent custodians of the Robin Hood legend.
ITV is ditching Caroline Quentin crime drama Blue Murder after five series.It took us a long time to get it right but we all felt we'd finally cracked it," added Quentin.
The BBC1 property show To Buy or Not to Buy has been axed and the channel is also to phase out US imports such as Diagnosis Murder and Murder She Wrote from daytime.After seven years on air To Buy or Not to By, which gives prospective home-owners the chance to "try before they buy" is being dropped.
Noticeably they're largely short-lived projects, annuals not perennials: there's no sign of a topical books show or books documentary series.Hall returned to the BBC after 12 years running the Royal Opera House and the performing arts are the big winners in his plans.
Paul McCartney has cancelled two more weeks of tour dates as he continues to recover from a virus he contracted in mid-May.The 71-year-old musician will skip the first fortnight of his forthcoming US trip, opting to "take it easy for just a few more days".
Earlier, BA axed 190 weekly flights, including its Heathrow to Belfast route, which will cause the loss of 160 jobs in Northern Ireland.David Spurlock, BA's director of strategy, said: "The current difficult market conditions demand we take firm action.
Britain's biggest holiday firm, Airtours, today said that it has cut 1,600 jobs since the September 11 attacks in the US.This brings the group's worldwide number of employees down to 27,000.
The award-winning BBC Radio 4 consumer investigations series Face the Facts is to be axed, the latest programme to fall victim to corporation cuts.The long-running series that investigated social injustice, public policy, fraud and inefficiency is being closed due to, ironically, efficiency savings.
The slow demise of the Zavvi music chain continued today when the insolvency specialists running the business announced another 17 stores would close.The move is with immediate effect and will cost 242 jobs.
More than 300 jobs are to be shed after Lloyds Banking Group said it will dump the Clerical Medical brand it acquired from the takeover of HBOS and focus on its existing Scottish Widows pensions business.The job losses will affect Clerical Medical employees in Bristol, although there will also be cutbacks at Scottish Widows' base in Edinburgh.
The Commonwealth Bank has axed senior executive bonuses in response to a scandal around money laundering and a lawsuit by Australia’s financial intelligence agency.Commonwealth executives last year pocketed $16m in short-term bonuses despite a landmark shareholder rejection of its remuneration plans under Australia’s “two strikes” laws.