Pepsi Bottling Cuts 3,150 Jobs, Mostly in Mexico
The Pepsi Bottling Group announced an overhaul plan on Tuesday that would eliminate some 3,150 jobs and cut its forecast for full-year earnings because of weaker foreign currencies.
Pepsi said its multiyear overhaul should yield $150 million to ...

Asian Banks Now Hurt by World Financial Crisis
HONG KONG - Bankers in Asia had been largely immune to the fallout from the global financial crisis. But as the economic malaise consumes country after country, those jobs are no longer viewed as safe.
On Tuesday, the British banking giant HSBC announced ...

Increasingly, China's Auto Industry Seeks a Bailout
GUANGZHOU - Do Chinese automakers need a bailout?
China's car industry is quietly pressing Beijing for government help as it copes with a jarring slowdown, top Chinese auto executives said in interviews here on Tuesday ...