Tag: Corporate news
Brand firm takes controlling stake in Toys R Us parent
<p>NEW YORK — A New York-based brand management firm that already owns Anne Klein and Joseph Abboud is taking a controlling stake in the...
Nokia to cut up to 10,000 jobs to ramp up R&D in 5G race
HELSINKI — Wireless network maker Nokia says it is planning to cut up to 10,000 jobs, or over 10% of its staff, to reduce...
Volkswagen plans six battery factories to ramp up electrics
<p>FRANKFURT, Germany — Volkswagen plans six large battery factories in Europe by 2030 to power sales of more electric cars while driving down battery...
Foxconn mulls making electric vehicles at Wisconsin plant
TAIPEI, Taiwan — Foxconn Technology Group, the world's largest electronics manufacturer, is considering making electric vehicles at its highly anticipated Wisconsin plant that has...
Google gets into sleep surveillance with new Nest Hub screen
SAN RAMON, Calif. — Google's next internet-connected home device will test whether consumers trust the company enough to let it snoop on their sleep.
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Belgian soccer clubs favor merger with Netherlands teams
BRUSSELS — Belgium's leading soccer clubs support a possible cross-border league with Netherlands teams.
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With NIL reform in limbo, NCAA heading toward busy June
<p>The NCAA's efforts to allow athletes to earn money from personal endorsement and sponsorship deals are stuck in limbo, and June is shaping up...
Battling bigness: Congress eyes action against monopolies
WASHINGTON — The battle against bigness is building. Whether it’s beer, banks or book publishing, lawmakers are targeting major industries they say have become...
Iran starts trial of new homegrown vaccine as campaign lags
<p>TEHRAN, Iran — Iran's campaign to inoculate its population against the coronavirus and promote itself as an emerging vaccine manufacturer inched on as health...
Texas company behind huge electricity bills seeks bankruptcy
The company that drew attention after sending huge electricity bills to customers after last month’s blackout-causing winter storm in Texas has filed for bankruptcy...