Cost Cutting | featured news

Automaker says earnings were fueled by cost cuts and Cash for Clunkers rebates.

Changes to the workers’ contract that would have allowed cuts appeared headed for certain defeat.

Signaling that worse times are ahead for magazines, Time Inc. is expected to announce next week that it will cut $100 million from costs, including another big round of layoffs.

The New York Times Company reported a $35.6 million loss for the third quarter on falling advertising revenue, but deep cost-cutting and newspaper price increases helped beat projections.

Internet giant Yahoo sees its third quarter profits more than treble - despite sales falling by about 12% - as it slashed costs.

Cost-cutting at drug maker Pfizer helps it to increase third-quarter profits despite falling sales of its medicines.

Gourmet, a magazine of almost biblical status in the food world, and three other titles will be shuttered in a cost-cutting move.

Dell Inc reported stronger-than-expected quarterly profit on Thursday, showing it was better able to cut costs and protect prices on its products than analysts, or its own executives, had predicted.

Faced with a total budget gap of $215 billion for fiscal years 2009 and 2010, most U.S. states looked to their prison and university budgets for relief, according to a report released on Thursday.

The Postal Service is offering $15,000 buyouts to employees in an effort to cut costs at a time when the post office is being ...