Zhongzhi Enterprise Group: Chinese shadow bank files for bankruptcy
The troubled firm reportedly told investors in November its liabilities had outstripped its assets.
The troubled firm reportedly told investors in November its liabilities had outstripped its assets.
Newell Brands will slash about 7% of its office roles and pare down its real-estate footprint in an organizational realignment. The Atlanta-based maker of Rubbermaid and Sharpie said it expected to realize annual pretax savings of $65 million to $90 million net of reinvestment, the majority of which is expected this year. Copyright ©2024 Dow…
The NTSB is carrying out a full investigation. This will involve, for example, examining the plane itself, the lost door (which has now been found in a back garden in Oregon), the contents of the flight data recorder and maintenance records, as well as interviewing flight crew, maintenance staff and employees of Boeing and Spirit…
Bill Ackman says he has “good reason to believe” plagiarism allegations against his wife, former tenured Massachusetts Institute of Technology professor Neri Oxman, came from an inside source at the esteemed university. Business Insider expanded its investigation into Oxman’s 2010 MIT doctoral dissertation on Friday, finding that aside from the four paragraphs of improperly-cited information…
Daymond John attends the 2023 Vanity Fair Oscar Party Hosted By Radhika Jones at Wallis Annenberg Center for the Performing Arts in Beverly Hills, California, on March 12, 2023. Leon Bennett | Filmmagic | Getty Images “Shark Tank” star Daymond John is looking to give Black business owners a boost for the fourth year running….
Updated Jan. 9, 2024 8:22 pm ET Since acquiring Business Insider nine years ago, Axel Springer has largely steered clear of intervening in the news outlet’s editorial operations, even when high-profile people objected to unflattering articles about them. That hasn’t been the case in recent days. Copyright ©2024 Dow Jones & Company, Inc. All Rights…
Business & FinanceGovernment 14 December 2023, 5:25 am 1 minute Reuters exclusively reported that Austria is seeking to have Raiffeisen Bank International, the biggest Western bank in Russia, struck off a Ukrainian blacklist in return for signing off fresh European Union sanctions on Russia, said two people familiar with the situation. Market Impact Raiffeisen’s presence…