The Publicis Groupe, based in Paris, agreed late last month to merge with the Omnicom Group, based in New York, to form the Publicis Omnicom Group, which will be a new industry leader in revenue. Now,... more 
The Publicis Groupe, based in Paris, agreed late last month to merge with the Omnicom Group, based in New York, to form the Publicis Omnicom Group, which will be a new industry leader in revenue. Now, Publicis is acquiring Engauge Marketing, an advertising and digital-services agency based in Columbus, Ohio. Dell said it plans to release quarterly results on Thursday after the market closes, almost a week earlier than anticipated. John Chambers, chief executive of Cisco Systems, called the global economy "challenging and inconsistent" and the company said it is cutting about 5 percent of its work force. Americans trimmed their overall indebtedness in the latest quarter, continuing a nearly five-year trend as mortgage balances fell further. Data from the Federal Reserve Bank of New York showed total consumer debt stood at $11.15 trillion in the second quarter, down 0.7 percent from the previous quarter. less 
1 / 23
Wochit
Wed, Aug 14, 2013 9:10 PM EDT