Firm Management

Red Lobster is facing potential financial difficulties due to its increasing debt and may be considering filing for Chapter 11 bankruptcy.

The finance team of Google is undergoing restructuring, which will include layoffs and relocations, as the company shifts its focus towards investments in AI...

Take-Two Interactive claimed in a filing that it is reducing development projects and workers to reorganize its business...

Adidas has rebounded after it severed ties with Kanye West, now projecting profits of €700 million (£598 million) for 2024...

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Following a deal with UAW, the union members are enjoying jobs in Ford’s Wayne plant sacrificing small-car plant in Mexico. Applying the loophole in negotiation terms, Ford announces another $1.6 bill

The Royal Bank of Canada has released an official statement, explaining that the bank is not guilty for any illegal activities including tax evasion in connection to shell company set up as mentioned

SunEdison is facing another lawsuit, this time from its subsidiary TerraForm. TerraForm accused its parent company for misallocating cash for its projects in India to SunEdison’s own balance sheet.

Tesla announced parts shortage as the factor that caused the company to miss its initial sales target for the first quarter of 2016. The company, however, retains its guideline for the full year as it

The Panama Papers documents leak suggest that Ukrainian President Petro Poroshenko might be using an offshore company to evade tax. However, the president has denied such accusations, saying that he h

Fever-Tree founders have reportedly sold their shares worth £18 million in total as a result of demands by investors. However, they claim to still be sticking with the business and still have the majo

Mitr Phol Group of Thailand has been recognized as the largest sugar and bio-power producer in Thailand and the fifth-largest sugar producer across the globe. The group intends to get recognized as th

Overstock.com is making a strategic investment in Caribbean digital currency firm Bitt. The $4 million in Series A will be allocated to improve Bitt’s software as well as expanding its operation acros

Valentino has made an offer to acquire French fashion house Balmain for 500 million euros. Balmain’s heirs has decided to find a new owner after the fashion house’s former chairman and majority owner,

Top M&A lawyer, Scott Barshay, leaves Cravath to be a global head of mergers and acquisitions for rival law firm Paul, Weiss. Mr. Barshay has been representing big and high-profile clients, including

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Firm Management

Red Lobster Explores Bankruptcy Amid Mounting Debt: Reports

Google Confirms More Layoffs, Relocations as Part of Finance Team Restructuring Amid AI Shift

‘Grand Theft Auto’ Maker Take-Two Lays off 5% of Employees, Scraps Multiple Projects

Adidas Bounces Back After Kanye West Fallout, Forecasts $743 Million Profit in 2024

Singapore: New Tripartite Rules Requiring All Firms to Offer Flexible Work Options Will Begin in December

Elon Musk Proposes to Charge New X Users to Post, Interact With Others, in Attempt to Combat Fake Accounts

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