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Groupon to cut 1,100 jobs as it restructures outside N. America

Groupon is shutting operations in Morocco, Panama, the Philippines, Puerto Rico, Taiwan, Thailand and Uruguay after exiting Greece and Turkey, the company said in a separate blog post on Tuesday. Groupon, which had about 11,800 employees globally at the end of December, said that it expected to complete the job cuts, mainly in sales and customer service, by September 2016. Markets outside North America accounted for about 43 percent of

Goldman CEO Blankfein says has 'highly curable' form of lymphoma

Treatment will include chemotherapy over the next several months in New York, Blankfein said in a statement on the bank’s website. While Blankfein, 61, is undergoing chemotherapy, other senior bank officials will assume some of his responsibilities in dealing with the public, including Chief Operating Officer Gary Cohn, the second highest ranking executive, a person familiar with the matter said. Blankfein said he will curtail some travel while he is