Mar's Day: Tuesday 27 March 2007
Tuesday, March 27, 2007 12:00:20 PM
In today's Financial Times
- Headline of Front Page, US Edition concerns an explosion at a Texas refinery, I guess sometime ago, because I forgot about this blast or else I didn't know about it in the first place. Headline: BP blast probe finds tensions at top
I will research this blast, which killed 15 people in Texas City. The article has a picture of Sheila McNulty, "FT Award Winner- Sheila McNulty, the FT's correspondent in Houston, was last night named Reporter of the Year and Specialist Writer of the Year at the British Press Awards for her coverage." I guess with all of the everyday blasts and explosions going on in Iraq, Afghanistan, and so forth that I somehow overlooked this important US blast/explosion.
I guess "BP" means British Petroleum which is why the (London-based) Financial Times was so heavily involved with it. I really can't understand how I overlooked this story since I read the FT print edition every day and have done so for years. Oh well.
Ha. Our own Wall Street Journal (yesterday) scooped the London-based Financial Times with its front-page coverage of Citigroup's plans to cut costs by axe-ing 15,000 jobs worldwide (or outsourcing them to India, losing some through attrition, etc). That was yesterday's (Monday March 26) front-page story.
Today the FT followed up with a "me, too" story on Page 1 (top of fold, headline) story on its second section, "FT Companies and Markets." Headline: "Citigroup expected to axe or move 15,000 jobs."
Ft correspondent David Wighton filed this story from NYC (so he probably got the idea for the story by reading yesterday's WSJ.) He did add this little nugget, which I found interesting:
"(The CEO of Citigroup was under intense pressure to curb mounting expenses in an attempt to revive Citigroup's share price.) Last year, he faced public criticism from Prince Alwaleed bin Talal, owner of a 4.3 percent stake, who called for "draconian" action to reign in expenses."
See: it just goes to show that these oil-rich types do have some direct affect on American jobs and companies after all.
- Headline of Front Page, US Edition concerns an explosion at a Texas refinery, I guess sometime ago, because I forgot about this blast or else I didn't know about it in the first place. Headline: BP blast probe finds tensions at top
I will research this blast, which killed 15 people in Texas City. The article has a picture of Sheila McNulty, "FT Award Winner- Sheila McNulty, the FT's correspondent in Houston, was last night named Reporter of the Year and Specialist Writer of the Year at the British Press Awards for her coverage." I guess with all of the everyday blasts and explosions going on in Iraq, Afghanistan, and so forth that I somehow overlooked this important US blast/explosion.
I guess "BP" means British Petroleum which is why the (London-based) Financial Times was so heavily involved with it. I really can't understand how I overlooked this story since I read the FT print edition every day and have done so for years. Oh well.
Ha. Our own Wall Street Journal (yesterday) scooped the London-based Financial Times with its front-page coverage of Citigroup's plans to cut costs by axe-ing 15,000 jobs worldwide (or outsourcing them to India, losing some through attrition, etc). That was yesterday's (Monday March 26) front-page story.
Today the FT followed up with a "me, too" story on Page 1 (top of fold, headline) story on its second section, "FT Companies and Markets." Headline: "Citigroup expected to axe or move 15,000 jobs."
Ft correspondent David Wighton filed this story from NYC (so he probably got the idea for the story by reading yesterday's WSJ.) He did add this little nugget, which I found interesting:
"(The CEO of Citigroup was under intense pressure to curb mounting expenses in an attempt to revive Citigroup's share price.) Last year, he faced public criticism from Prince Alwaleed bin Talal, owner of a 4.3 percent stake, who called for "draconian" action to reign in expenses."
See: it just goes to show that these oil-rich types do have some direct affect on American jobs and companies after all.
