German logistics giant Deutsche Post said Monday it was cutting 9,500 jobs as part of a major program to restructure its loss-making DHL delivery service in the United States.
German Chancellor Angela Merkel is to meet with Otmar Hassler, the prime minister of Liechtenstein on Wednesday to discuss the growing tax-fraud investigation in Germany, The Associated Press reports.
German tax authorities are chasing as many as 1,000 wealthy Germans in one of the largest tax investigations in the country's history, spokesmen for the Ministry of Finance said Tuesday.
The head of Germany's Deutsche Post submitted his resignation Friday, a Ministry of Finance spokesman said, a day after German police searched his offices as part of an investigation into reported tax fraud.
As the head of YRC Worldwide (formerly Yellow Roadway), a $10 billion trucking and transportation company with 27,000 trucks and customers in 80 countries, Bill Zollars has a crow's-nest view of the global economy. From the pace of Chinese manufacturing to shipments of holiday retail goods to fluctuations in gas prices, he has the data to grasp what's happening in economic sectors before the rest of us do. Amid rumors of a bid for YRC by German shipping giant Deutsche Post, Zollars tells Fortune's Matthew Boyle it might be a disappointing Christmas unless business perks up in the next few weeks.
Deutsche Post (No. 57), with its iconic yellow DHL trucks, sped past the U.S. Postal Service (No. 64) to lead the mail, package, and freight delivery category. Meanwhile, HP (No. 41) edged out IBM (No. 42) in computers by a slim $234 million margin, and Verizon (No. 39), Gazprom (No. 52), and Caterpillar (No. 151) became new leaders in their industries.
How companies are judged by their peers is a telling measure of their true performance. That's the criterion for the industry rankings in America's Most Admired Companies, our 25th annual report. W...
TNT ranks no. 387 on FORTUNE's Global 500 this year, with $17.0 billion in revenues, up 8% from the previous year. The Hoofddorp, Netherlands-based company was ranked no. 383 on the 2005 list. Its 2005 profits were $0.8 billion, down 1.3% from a year earlier.
Greg Miller called his giant vat of yellow paint "the stew pot." As the Americas fleet director for shipping company DHL, Miller was tapped to complete a once-in-a-lifetime assignment: repainting t...
With Euro 2004 in full swing in Portugal, the working days of football fans from Athens to Riga will be disrupted by thoughts on tactical dilemmas, daydreams of national sporting glory and the depression of hopes quashed.
German logistics giant Deutsche Post said Monday it was cutting 9,500 jobs as part of a major program to restructure its loss-making DHL delivery service in the United States.
German Chancellor Angela Merkel is to meet with Otmar Hassler, the prime minister of Liechtenstein on Wednesday to discuss the growing tax-fraud investigation in Germany, The Associated Press reports.
German tax authorities are chasing as many as 1,000 wealthy Germans in one of the largest tax investigations in the country's history, spokesmen for the Ministry of Finance said Tuesday.
The head of Germany's Deutsche Post submitted his resignation Friday, a Ministry of Finance spokesman said, a day after German police searched his offices as part of an investigation into reported tax fraud.
As the head of YRC Worldwide (formerly Yellow Roadway), a $10 billion trucking and transportation company with 27,000 trucks and customers in 80 countries, Bill Zollars has a crow's-nest view of the global economy. From the pace of Chinese manufacturing to shipments of holiday retail goods to fluctuations in gas prices, he has the data to grasp what's happening in economic sectors before the rest of us do. Amid rumors of a bid for YRC by German shipping giant Deutsche Post, Zollars tells Fortune's Matthew Boyle it might be a disappointing Christmas unless business perks up in the next few weeks.
Deutsche Post (No. 57), with its iconic yellow DHL trucks, sped past the U.S. Postal Service (No. 64) to lead the mail, package, and freight delivery category. Meanwhile, HP (No. 41) edged out IBM (No. 42) in computers by a slim $234 million margin, and Verizon (No. 39), Gazprom (No. 52), and Caterpillar (No. 151) became new leaders in their industries.
How companies are judged by their peers is a telling measure of their true performance. That's the criterion for the industry rankings in America's Most Admired Companies, our 25th annual report. W...
TNT ranks no. 387 on FORTUNE's Global 500 this year, with $17.0 billion in revenues, up 8% from the previous year. The Hoofddorp, Netherlands-based company was ranked no. 383 on the 2005 list. Its 2005 profits were $0.8 billion, down 1.3% from a year earlier.
Greg Miller called his giant vat of yellow paint "the stew pot." As the Americas fleet director for shipping company DHL, Miller was tapped to complete a once-in-a-lifetime assignment: repainting t...
With Euro 2004 in full swing in Portugal, the working days of football fans from Athens to Riga will be disrupted by thoughts on tactical dilemmas, daydreams of national sporting glory and the depression of hopes quashed.
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