Author: Editor

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Carillion: suppliers and staff count the cost

One of Britain’s biggest corporate failures in history has thrown hundreds of large projects into doubt and left many of their suppliers at risk. As David Pollard reports, Carillion reportedly spent over £1 billion...

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Citigroup loses $18 billion

The bank took a $22 billion one-time charge related to the new tax law. But as Fred Katayama reports, its rising adjusted profit and revenue beat estimates. Citigroup loses $18 billion