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.
They described situations where they received angry messages from Edwards, or were forced by him to apologize, after criticizing diversity efforts at the company. “If you don’t apologize,” he wrote to one former employee who said he should resign, “we’re going to war.” Two former employees described an incident that occurred prior to Edwards joining…
Updated Jan. 8, 2024 5:07 am ET The bad news keeps coming for China Evergrande and its investors. A top executive of the beleaguered property company’s electric-vehicle business has been detained as part of a criminal investigation, adding to Evergrande’s mounting problems. Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Boohoo opened the site in 2022 but is considering closing it after a BBC Panorama investigation.
The United Auto Workers union announced Wednesday that its nearly four-week strike against the “Big Three” automakers was expanding to Ford’s truck plant in Kentucky. Roughly 8,700 union members work at the Louisville facility producing the company’s Super Duty trucks as well as the Ford Expedition and Lincoln Navigator SUVs. The walkout Wednesday marks the…
Almost every square inch of wall space at Village Pizzeria on Larchmont Boulevard is adorned with tchotchkes and photos that gives the Los Angeles slice shop its bicoastal feel. A 2000 Subway Series poster and Brennan and Carr bumper sticker show its founder grew up in New York. A “Made in Los Angeles” neon sign…
Last week, JLM Couture sued the designer for breach of contract, among other things, in a New York federal court. The company’s main gripe is over the @misshayleypaige account, which JLM asserts it owns and has the right to operate as it sees fit. It also filed a temporary restraining order banning Gutman from using…