Showing 1 - 3 of 3
Remington to exit bankruptcy
Business, Published on 05/05/2018
» Remington Outdoor Company, one of the oldest and largest gun makers in the United States, said that a bankruptcy judge had approved its reorganisation plan, which will transfer ownership of the company to creditors including JPMorgan Chase & Co.
Ex-VW CEO charged in US over diesel scandal
Business, Published on 05/05/2018
» The US Justice Department on Thursday disclosed the filing of criminal charges against former Volkswagen AG chief executive Martin Winterkorn, accusing him of conspiring to cover up the German automaker's diesel emissions cheating.
Xerox CEO, board to stay put after all
Business, Published on 05/05/2018
» Xerox Corp said its board and management team would stay after a legal settlement with activist shareholders to remove them lapsed, adding uncertainties to a $6.1 billion deal that would see the US company cede control of its operations to Japan's Fujifilm Holdings Corp.