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Saturday, April 20, 2024

Boeing CEO Dave Calhoun Set to Depart Amid Safety Investigations

Boeing CEO Dave Calhoun is poised to exit the company after a flurry of safety incidents. Set against a backdrop of controversy and scrutiny, his...
McDermott Completes Global Restructuring

McDermott Completes Global Restructuring

In a significant move for the energy industry, McDermott International, headquartered in Texas, has successfully completed its global restructuring efforts spanning the Netherlands and...
Kimco Realty sells 10 former RPT properties for $248M

Kimco Realty sells 10 former RPT properties for $248M

Kimco Realty, a New York-based Real Estate Investment Trust (REIT), made the strategic decision to divest these properties as they did not align with...
StanChart £1.4B Sanctions Suit

StanChart £1.4B Sanctions Suit in London Court

In a high-stakes legal showdown, Standard Chartered PLC faced off against a group of investors in a London court on Wednesday, seeking to thwart...
Troika Media Can Exit bankruptcy

Troika Media Can Exit bankruptcy After Settlement And Lender Sale

Troika Media Group Inc., a prominent marketing firm, is poised to exit bankruptcy by the end of this month following a landmark decision by...
Skadden Intl Papers £5.7B Bid

Skadden Intl Paper’s £5.7B Bid for DS Smith

In a high-stakes move to assert its dominance in the packaging industry, International Paper Co. has unleashed a £5.72 billion ($7.22 billion) bid for...
5th Circuit Blocks Texas Migrant Arrest Law

5th Circuit Blocks Texas Migrant Arrest Law

A contentious battle over Texas's authority to detain and deport migrants suspected of illegal border crossings faced a significant setback early Wednesday morning as...
Terraform Mistrial Bid Loss

Terraform Faces Uphill Battle in Fraud Suit

Manhattan U.S. District Judge Jed S. Rakoff dealt a blow to Terraform Labs and its creator Do Kwon, dismissing a mistrial bid related to...
Wellspring Announces Closing of $975 Million Continuation Fund

Wellspring Announces Closing of $975 Million Continuation Fund

New York-based private equity powerhouse Wellspring Capital Management Group LLC, with guidance from Paul Weiss Rifkind Wharton & Garrison LLP, has set the financial...
Experian Win In Credit Reporting Suit

Experian Win In Credit Reporting Suit

In a legal showdown marked by twists and turns, the Eleventh Circuit has ruled in favor of Experian Information Solutions Inc., dismissing allegations of...

Must Read

Introducing the New Atlas Robot: Boston Dynamics “Oddly Terrifying” Upgrade 

Boston Dynamics, the pioneering robotics company, made waves on Tuesday with the retirement of its iconic humanoid robot, HD Atlas. After an impressive 11-year...