Beleaguered Reuters announced its latest plan--named Fast Forward--to get into the black after reporting its biggest net loss in history last week. As part of the plan, 3,000, or just over 20 percent, of Reuters’ employees will lose their jobs by 2006--more than observers and analysts had anticipated.
The company continues to suffer from the worst bear market in 30 years, which was compounded by losses at its Instinet subsidiary and increased competition from Bloomberg and less expensive alte
Bryan Harkins joins to discuss how the CBOE-Bats integration is going and plans for the exchange operator going forward. Anthony and James talk about the SEC hack and Esma's potential new powers.Subscribe to Weekly Wrap emails