Bloomberg Thyssenkrupp AG Chief Executive Officer Guido Kerkhoff is facing mounting internal pressure to whittle down and restructure the company’s sprawling business portfolio as the supervisory board grows impatient at the slow pace of change at the crisis-hit conglomerate. Supervisory board members of the Essen, Germany-based engineering company are increasingly frustrated at the pace and depth of restructuring efforts for ...

Bloomberg Peugeot maker PSA Group’s profit margin widened to a record in the first half of the year as the French carmaker cut costs and used the sale of more expensive models as antidotes to the deepening slump in the global auto industry. The company that also makes Citroen cars reported a first-half recurring operating margin of 8.7 percent at ...

Bloomberg Amazon.com, landlords who charge sky-high rents, brands that fail to adapt. The carnage in the retail industry has been blamed on all of them. Now Wall Street is being blamed too. Over the past decade, 597,000 US employees working for retailers owned by private equity (PE) firms and hedge funds have lost their jobs, while the sector as a ...