Top executives at Goldman Sachs (GS) have been considering deep cuts to staffing levels and pay for at least two years, Reuters reported, but feared too many job cuts would leave the firm unprepared if business picked up.
AT&T (T) is considering buying a telecommunications counterpart in Europe, a bet that it can escape constraints on growth in the U.S., people familiar with the company's thinking told The Wall Street Journal.
-- Written by Joseph Woelfel
>To contact the writer of this article, click here: Joseph Woelfel >To submit a news tip, send an email to: email@example.com.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts