Trade, investment and consumer spending led the U.K. economy to a fourth straight quarter of growth at the end of the year, suggesting the rebalancing sought by Chancellor of the Exchequer George Osborne is under way.
3M Co.’s Inge Thulin, named today to become chief executive officer Feb. 24, pledged to keep the strategy set by predecessor George Buckley of using research and development and emerging-market expansion to drive growth.
3M Co. directors are preparing for the earlier-than-expected departure of George Buckley as chief executive officer next year and have begun evaluating internal candidates, said three people with knowledge of the matter.
3M Co . said rebuilding work in Japan may total $200 billion, more than the projected spending after Hurricane Katrina, and the company is ramping up production of respiratory-protection products for the recovery.
3M Co. Chief Executive Officer Inge Thulin recast as a “stretch target” a revenue goal set by his predecessor more than two years ago that the maker of Scotch tape and dental braces has failed to meet.
3M Co. Chief Executive Officer George Buckley said President Barack Obama is “anti-business” and manufacturers may leave to set up operations in Mexico or Canada if the U.S. business environment is “hostile,” the Financial Times reported, citing an interview.