Physiatry Practice Management Resources

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Healthcare Headlines

WSJ.com: US Business

Investors Squawk at Xstrata Deal Large shareholders of Xstrata came out against the company's plan to merge with Glencore International, highlighting what could be a difficult task selling the giant deal to shareholders and regulators. RBS Chief Pondered Resignation Stephen Hester, chief executive of the largely U.K. government-owned Royal Bank of Scotland, said he had considered resigning from the bank during the recent row over his bonus. Nokia to Cut 4,000 Jobs Finland-based Nokia said it plans to cut about 4,000 jobs at smartphone manufacturing plants by the end of the year. Yahoo Shakes Up Board Yahoo said Chairman Roy Bostock and three other directors have volunteered not to stand for re-election to the company's board. The company named two new outside directors. Airbus Checks to Be Extended European aviation safety authorities will issue a notice requiring all airlines operating the Airbus A380 superjumbo to get their aircraft checked for possible cracks in brackets inside the planes' wings, the European Aviation Safety Agency said. GM Seeks Deep Cuts at Opel GM is preparing to disclose "horrendous" fourth quarter losses at its European Opel/Vauxhall unit and is demanding deep cuts from labor unions there. Nissan's Net Rises as Sales Offset Strong Yen Nissan Motor said its net profit rose 3.2% in the fiscal third quarter, as solid global sales offset the yen's surge. Hawker Gets Restructuring Advice Hawker Beechcraft, which announced Tuesday it has hired a restructuring veteran as its chief executive, has also hired bankruptcy and restructuring lawyers, said people familiar with the matter. Statoil Net Profit Soars Norwegian oil company Statoil expects to spend $17 billion this year to develop its existing resources following a sharp rise in fourth-quarter net profit. Reckitt to Realign for Growth Reckitt Benckiser said it is shifting its focus to booming emerging markets as the consumer goods and health-care giant posted a jump in fourth-quarter net profit.