Alcoa, Inc.’s (NYSE:AA) aluminum division in Sardinia has been a revenue loser for a while, but Sky TV Italy is reporting that Glencore plans to make a formal offer, according to Reuters.
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Bank of America Corporation (NYSE:BAC): Chairman Gary Gensler of the Commodity Futures Trading Commission said Wednesday that the new regulations on derivatives, which include a mandate for banks to become registered swap dealers, will not be in effect until January at the soonest, according to The New York Times.
The Walt Disney Company’s (NYSE:DIS) Disney Interactive has sacked more than 50 employees in a restructuring endeavor, says Deadline Hollywood, which added that around 3 percent of the online business was affected. However, there have so far been no cuts at the organization’s Games group.
The Home Depot, Inc. (NYSE:HD) and Stanley Black & Decker Inc. (NYSE:SWK) are two of several retailers that opposed a new table-saw safety law that failed in the California legislature. Now, advocates of the new tech are driving their case with the federal government through the Consumer Product Safety Commission, said The Los Angeles Times.
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