turnaround

Howard Stringer’s efforts at Sony have been stymied by the effects of the March 11 earthquake and tsunami, a hacker attack on the PlayStation network and other troubles.

In a signal moment for the turnaround of the American auto industry, General Motors is edging toward a public stock sale, and its profits are now solid enough that the demanding CEO will step aside, saying his work is done.

Ford Motor continued its successful turnaround as better-than-expected sales and profits easily outdistanced expectations and reversed the operating loss of a year ago.

General Motors Co. said Tuesday it would more than triple its funding for the turnaround of European units Opel and Vauxhall to euro1.9 billion .

Motorola, maker of the Droid and other mobile phones, showed progress in its turnaround efforts Thursday but a disappointing profit forecast sent its shares sliding.

Toys “R” Us is identifying and promoting the next hot toy as part of a new commitment to service and supply that is helping it achieve a turnaround.

Viacom CEO tells Goldman Sachs confab to expect more programming in more genres at MTV, no big...

Viacom CEO Philippe Dauman outlined plans to rebuild MTV at Goldman Sachs' Communacopia...

Clothing maker and retailer Liz Claiborne Inc. is working to improve its performance with help from turnaround firm Alvarez & Marsal.

Executives worked for months and taxpayers poured in $50 billion. The payoff, however, remains unclear.