Finance

Finance
Carillion Collapse Prompts Rules on U.K. Corporate Recklessness
U.K. Prime Minister Theresa May set out a plan to defend capitalism from capitalists, after the collapse last week of construction company Carillion Plc put at risk public-sector projects from roads to hospitals. In an article for the Observer newspaper, published Sunday, May pledged new rules to deal with executives “who try to line their own pockets by putting their workers’ pensions at risk.” She attacked a corporate culture that…
Finance
Apple didn’t hiring 20,000
Apple didn’t say it was hiring 20,000 new workers, nor bringing back all of its overseas cash. Apple Inc. announced a series of plans Wednesday that were celebrated as promises to hire thousands of workers and bring home all of its overseas cash. Well, not necessarily. Apple AAPL, -0.45% said in its release that the company planned to “create over 20,000 new jobs through hiring at existing campuses and opening…