Tag: Corporate news
EXPLAINER: Why is California Gov. Newsom facing a recall?
LOS ANGELES — California Gov. Gavin Newsom is facing the possibility that he could be removed by voters in a recall election in the...
WNBA rolls out plans for 25th season celebration
NEW YORK — The WNBA hopes to be back in home arenas for its 25th season this summer.
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Texas company behind huge electricity bills seeks bankruptcy
The company that drew attention after sending huge electricity bills to customers after last month’s blackout-causing winter storm in Texas has filed for bankruptcy...
Brand firm takes controlling stake in Toys R Us parent
NEW YORK — A New York-based brand management firm that already owns Anne Klein and Joseph Abboud is taking a controlling stake in the...
Former Evansville housing exec gets probation for theft
EVANSVILLE, Ind. — A former top executive at a southwestern Indiana nonprofit that provides housing for veterans and homeless families was sentenced to two...
Volkswagen plans six battery factories to ramp up electrics
FRANKFURT, Germany — Volkswagen plans six large battery factories in Europe by 2030 to power sales of more electric cars while driving down battery...
Union: Ford backs out on vow to add new model at Ohio plant
DETROIT — Ford Motor Co. has backed out on a contract promise to invest $900 million at an assembly plant outside Cleveland for an...
California sues major US nursing home operator over ratings
SACRAMENTO, Calif. — California's attorney general and local officials sued the nation's largest senior living home operator Monday, alleging the company misled consumers on...
With NIL reform in limbo, NCAA heading toward busy June
The NCAA's efforts to allow athletes to earn money from personal endorsement and sponsorship deals are stuck in limbo, and June is shaping up...
OxyContin maker Purdue proposes $10B plan to exit bankruptcy
Purdue Pharma, which helped revolutionize the prescription painkiller business with its drug OxyContin, is proposing a $10 billion plan to emerge from bankruptcy that...
