BBC News - QE leaves firms with pension bill, MPs told
"Companies are having to fill pension deficits resulting from the Bank of England's policy of quantitative easing (QE) instead of growing their business, MPs have been told."
VMware To Cut 900 Jobs As Outlook Disappoints, But Will Still Pursue M&A | TechCrunch
"VMware plans to cut about 900 jobs, or 7 percent of its workforce, as part of a restructuring. The company also issued cautious 2013 forecast, due to a decline in U.S. federal government bookings and continuing concerns about the sluggish economy in Europe.The company reported on-target fourth-quarter earnings and said it expects revenue of $1.17 billion to $1.19 billion for the first quarter, an increase of 11 percent to 13 percent, but still short of the $1.25 billion esti...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.