Tag: Corporate news
Steering wheel part can shatter on Mazdas if air bags deploy
DETROIT — Mazda is recalling nearly 261,000 older small cars because a plastic emblem on the steering wheel can shatter if the air bags...
Critics: Postal Service plans imperil community newspapers
The U.S. Postal Service's plan to raise mailing rates could present one more damaging blow to community newspapers already reeling from the coronavirus pandemic...
Judge sets July hearing on Boy Scouts settlement agreement
DOVER, Del. — A bankruptcy judge has set a July 29 hearing on the proposed $850 million settlement agreement the Boy Scouts of America...
Dozens of states target Google’s app store in antitrust suit
SAN RAMON, Calif. — Dozens of states are taking aim at Google in an escalating legal offensive on Big Tech, this time in a...
More states agree to settlement plan for opioid-maker Purdue
More than a dozen states have dropped their longstanding objections to OxyContin maker Purdue Pharma's reorganization plan, edging the company closer to resolving its...
Michael Avenatti faces sentencing in Nike extortion scheme
NEW YORK — Michael Avenatti, the brash California lawyer who publicly sparred with then-President Donald Trump before criminal fraud charges on two coasts disrupted...
Norway’s Telenor sells Myanmar operations to M1 Group
BANGKOK — The Norwegian telecoms company Telenor, one of the biggest carriers in Myanmar, said Thursday it has agreed to sell its entire operations...
FDA trims use of contentious Alzheimer’s drug amid backlash
WASHINGTON — U.S. health regulators on Thursday approved new prescribing instructions that are likely to limit use of a controversial new Alzheimer’s drug.
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Earnings boom is expected a year after pandemic-driven skid
LOS ANGELES — Wall Street is gearing up for a slew of blockbuster earnings over the next few weeks as companies issue their results...
UAW leader sentenced for role in racketeering scandal
DETROIT — The man who formerly oversaw a major region of United Auto Workers was sentenced to prison Tuesday for his part in a...
