Firm Management

SunPower Announces Mass Layoff as it Ceases Residential Installations

SunPower announced a mass layoff that would affect thousands of employees as it ceases residential installations.


JD Sports to Acquire US Retailer Hibbett for $1.08 Billion Amid Expansion

JD Sports, the UK's largest sportswear retailer, plans to buy Hibbett shares at $87.50 each in cash...

JetBlue Ex-CEO Robin Hayes Appointed to Head Airbus’s North American Division

Robin Hayes, former CEO of JetBlue, will now serve as the head of Airbus' North American operations...

Elon Musk Delays India Visit Due to Tesla Commitments; Still Aims to Visit This Year

The planned visit, initially set for the upcoming week, was eagerly awaited and anticipated to involve vital talks concerning Tesla's entry into the Indian market...


Latest News

Fever-Tree Founders Sold £18 Million of Shares Due to Demands From Investors
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
Thai Mitr Phol To Invest ฿50.4 Billion For Business Expansion Eyeing The Global Leading Position
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
Caribbean Bitcoin Firm Secured Strategic Investment from Overstock.com
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
Qatar-owned Italian Fashion House Valentino Offers 500 Million Euros to Acquire France’s Balmain
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 Wall Street Lawyer Scott Barshay Leaves Cravath Law Firm to Join Paul, Weiss as Head of M&A
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
Biggest Documents Leak in History Ties Vladimir Putin to $2 Billion Offshore Money Trail
The history’s biggest confidential documents leak revealed Russian elites, mostly Mr Putin’s inner circles, as clients of an offshore law firm in Panama. The offshore money trail connected to Mr Putin
Volkswagen to Recall 91,000 Vehicles With TDI Engines Over Fire Risks
Volkswagen will start recalling 91,000 of its Passat 2012-2014 models in the U.S. over problems with the vehicle’s connector that could cause overheating and electrical short. The automaker is lately
SunEdison Planning For Bankruptcy Filing, Negotiating With Creditors For Related Financing
Besides suffering from acute cash crunch SunEdison has been facing scrutiny from regulators over failed Vivint deal and other issues. Huge debt burden has led the renewable energy giant to consider fo
Charles River Associates Appoints James Massey To Strengthen Its Finance Practice
Charles River Associates, CRA, the Boston based global consulting firm is specialized in litigation, regulatory, financial and management consulting. The firm is now expanding the finance practice thr
United Guaranty, Mortgage Insurer of AIG Files For IPO With NYSE
AIG has announced in January planning for spinning off its mortgage insurer unit United Guaranty, following pressure from the shareholders. Following the announcement, Standard & Poor’s, a credit rati
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