Industry News August 26, 2020
American Airlines planning to cut 19,000 jobs by Oct. 1
American Airlines has announced plans to cut 19,000 workers by Oct. 1 to cope with falling demand as a result…
Industry News August 26, 2020
Teva charged with conspiracy to fix prices, rig bids for generic drugs
Teva Pharmaceuticals USA has been charged with conspiracy to fix prices, rig bids, and allocate customers for generic drugs by…
Industry News August 23, 2020
Former Speaker of the House Paul Ryan to chair blank check company
Former Speaker of the House Paul Ryan is joining Executive Network Partnering Corp (ENPC), as chairman. ENPC is the latest…
Industry News August 20, 2020
Johnson & Johnson to acquire Momenta Pharmaceuticals for 6.5B
Johnson & Johnson (NYSE: JNJ) announced its decision to acquire Momenta Pharmaceuticals (NASDA: MNTA) for $6.5 billion in an all-cash…
Business
August 11, 2020
Analysis: Is a Coinbase IPO in the works?
In recent years, cryptocurrencies have made waves, drawing interest from some of the biggest players on Wall Street. The country’s biggest cryptocurrency company, Coinbase, announced…
By – Colby McCoy
Business
August 9, 2020
Funko shareholder lawsuit dismissed, disappointing Q2 results released
Funko, Inc., the Everett, Washington, based maker of pop culture figurines won dismissal of a shareholders lawsuit. Reuters reported that the class-action lawsuit was dismissed…
By – Jackie Allen
Business
August 8, 2020
Takeda loses battle to stop Mylan from selling generic gout drug
Takeda Pharmaceuticals (NYSE: TAK) failed to stop Mylan (NASDAQ: MYL) from selling a generic version of its Colcrys, a treatment for gout flares and familial…
By – Marivic Cabural Summers
Industry News
August 2, 2020
United Airlines plans furloughs, 36,000 jobs at risk without second bailout
Chicago-based United Airlines warned its pilots in an internal memo that there may be more furloughs both this year and next, due to a weak…
By – Jackie Allen
Industry News
August 1, 2020
FCC approves Kuiper satellite broadband deployment plan
Yesterday, the Federal Communications Commission (FCC) approved Amazon.com Inc’s plan to build a network of over 3,200 satellites. Project Kuiper will provide high-speed broadband internet service for…
By – Jackie Allen
Industry News
June 23, 2020
FTC amends Contact Lens Rule, empowers consumers
The Federal Trade Commission (FTC) approved the final amendments to the Contact Lens Rule to empower consumers and reduce illegal prescription alterations. The approval of…
By – Marivic Cabural Summers
Industry News
January 30, 2024
Restoration Forest files for bankruptcy Protection
In a dramatic turn of events, the once-thriving logging giant, Restoration Forest Products Group, has plunged into the depths of financial uncertainty, filing for Chapter 11 protection in Delaware. With…
By – Rihem AkkoucheLatest news
Industry News
January 30, 2024
Renault Puts Brakes On EV Unit Ampere’s IPO
Renault’s ambitious plans to launch its electric vehicle subsidiary, Ampere, into the stock market have hit a roadblock…
By Rihem Akkouche
Industry News
January 29, 2024
Federal Prosecutors Seek Maximum Term for $110M Ponzi Mastermind
Federal prosecutors are pressing for a harsh sentence of over a decade in prison for John J. Woods,…
By Rochdi Rais
Industry News
January 29, 2024
KSL Closes $3B Continuation Fund To Invest In Ski Resort Biz
Private Equity Powerhouse KSL Capital Partners has sealed a monumental deal, locking in over $3 billion in commitments…
By Rihem Akkouche
Industry News
January 29, 2024
ArentFox Hiring Scandal Lawsuit : Longtime IT Contractors Sue for Age Discrimination
In a startling revelation, two stalwart information technology contractors of ArentFox Schiff LLP have ignited a legal firestorm,…
By Rihem Akkouche
Industry News
January 29, 2024
EcoBoost Oil Pump Suit Not Ready For Courts
In a legal battle that pits consumers against automotive giant Ford Motor Co., the stage is set for…
By Rihem Akkouche
Industry News
January 29, 2024
American Healthcare REIT To Pay $703.8M IPO
In a bold move aimed at restructuring its financial landscape, American Healthcare REIT revealed plans on Monday to…
By Rihem Akkouche
Industry News
January 29, 2024
Charles Littlejohn sentenced to five years for leaking tax information
In a dramatic turn of events, Charles Littlejohn, a former IRS contractor embroiled in a high-profile case involving…
By Rihem Akkouche
Industry News
January 29, 2024
BT £1.3B Class Action: Customers Seek Justice in Landline Pricing Case
In a courtroom showdown gripping Britain’s antitrust arena, a lawyer championing millions of BT customers ignited fervor on…
By Rihem Akkouche
Industry News
January 29, 2024
Air Astana $962M IPO Valuation Amidst LSE Drought
Air Astana, the premier airline of Kazakhstan, has unveiled plans for its highly anticipated initial public offering (IPO),…
By Rihem Akkouche
Industry News
January 29, 2024
Amazon and IRobot $1.7 billion Deal
In a stunning turn of events, Amazon and iRobot have jointly announced the termination of their highly anticipated…
By Rihem AkkouchePopular News
Industry News
March 14, 2026
Oil, War, and the Insurance Shockwave Already Hitting America
Industry News
March 14, 2026
US Navy Prepares To Escort Tankers Through Strait of Hormuz As Oil War Risks Escalate
Industry News
March 14, 2026
War Insurance Reality Americans Face Even When the Battlefield Is Overseas
Industry News
March 14, 2026
“There Is Nothing They Can Do About It” Trump Declares After U.S. Strikes Iran’s Strategic Kharg Island
Industry News
March 13, 2026
Supreme Court Asked To Step In As 98-Year-Old Federal Judge Pauline Newman Fights Suspension From The Bench
Industry News
March 12, 2026