Tag: Corporate news
Judge rules pretrial against opioid firm; cites delays, lies
NASHVILLE, Tenn. — A Tennessee judge has made a rare move to rule against an opioid firm before a civil trial over its role...
Complaint may spur review of meat industry’s virus response
OMAHA, Neb. — A union complaint about whether an Oklahoma meatpacking plant is doing enough to protect workers from the coronavirus could test the...
Genworth pulls plug on its acquisition by China Oceanwide
RICHMOND, Va. — Insurer Genworth Financial has pulled the plug on its long-delayed acquisition by a Chinese company.
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Japan’s Toshiba studies acquisition proposal by global fund
TOKYO — Trading in Toshiba stock was halted Wednesday after the Tokyo-based technology conglomerate confirmed it had received a preliminary acquisition proposal.
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Report accuses Columbus Zoo top executives of misusing funds
COLUMBUS, Ohio — The former president and chief financial officer of the Columbus Zoo arranged for relatives to live in houses owned by the...
Ryanair sees break-even earnings amid slow COVID-19 recovery
LONDON — Ryanair, Europe’s biggest discount airline, says earnings for the current fiscal year are likely to be “close to breakeven” as continued travel...
UK Deliveroo riders to strike over pay, gig work conditions
LONDON — Gig economy riders for the app-based meal delivery platform Deliveroo are set to join strikes in five U.K. cities Wednesday over pay...
Credit Suisse foresees $4.7B charge over hedge fund default
GENEVA — Swiss bank Credit Suisse on Tuesday announced the departure of two top executives and said it expects a one-time charge of 4.4...
Greenland election shows divide over rare-earth metals mine
HELSINKI — Greenland is holding an early parliamentary election Tuesday focused in part on whether the semi-autonomous Danish territory should allow international companies to...
Mexico says outsourcing to be strictly limited
MEXICO CITY — The Mexican government said Monday it has reached an agreement with business and labor groups to strictly limit outsourcing of jobs....
