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Embattled ZTE proposes $10.7 billion credit proposal, new board

HONG KONG (Reuters) - Chinese telecommunications giant ZTE Corp has proposed a $10.7 billion financing plan and nominated eight board members in a drastic management overhaul, as it seeks to rebuild a business crippled by a U.S. supplier ban......»»

Category: topSource: reutersJun 14th, 2018

Embattled ZTE seeks more than $10 billion in credit

Chinese telecommunications giant ZTE Corp has proposed a $10.7 billion financing plan and nominated eight board members in a drastic management overhaul, as it seeks to rebuild a business crippled by a U.S. supplier ban......»»

Category: topSource: moneycentralJun 14th, 2018

Embattled ZTE seeks $10.7 billion credit line, nominates 8 board members

HONG KONG (Reuters) - Chinese telecommunications giant ZTE Corp has proposed a $10.7 billion financing plan and nominated eight board members in a drastic management overhaul, as it seeks to rebuild a business crippled by a U.S. supplier ban......»»

Category: topSource: reutersJun 14th, 2018

Capital Gains: Tiny horses take flight; Torchy"s Tacos, the ultimate closer

In this week's Capital Gains: A Central Austin home for sale comes with free Torchy's Tacos; Southwest Airlines welcomes mini-horses on board; Chuy's Tex-Mex hires outside marketing firms; United Heritage Credit Union surpasses $1 billion in assets......»»

Category: topSource: bizjournalsAug 16th, 2018

Tesla board evaluating CEO"s bid to take company private

Board members at Tesla are evaluating CEO and Chairman Elon Musk's $72 billion proposal to take the electric car and solar panel maker private......»»

Category: topSource: foxnewsAug 8th, 2018

Betsy DeVos proposes stricter rules for student loan forgiveness

The proposal would cut an estimated $13 billion in planned debt relief over 10 years......»»

Category: topSource: moneycentralJul 26th, 2018

BART"s board of directors votes to reject $1.6 billion extension to Livermore

In a blow to Tri-Valley residents who commute hours to and from work in San Francisco and Silicon Valley, BART's board of directors voted to reject a $1.6 billion extension from the Dublin/Pleasanton hub to Livermore. The proposal would've added 5.5.....»»

Category: topSource: bizjournalsMay 25th, 2018

Elliott proposes "accelerate Hyundai" changes

(Reuters) - Activist investor Elliott Management Corp on Monday proposed the addition of three independent members to the board of Hyundai Motor Group in a document laying out its agenda after taking a more than $1 billion stake in the carmaker......»»

Category: topSource: reutersApr 23rd, 2018

Beijing’s blockade of U.S. credit card companies could be nearing end

Many say the approval is too little, too late. China's state-controlled UnionPay now operates the largest card network in the world, with 7 billion credit, debit and prepaid cards, versus 5.6 billion for Visa and MasterCard combined......»»

Category: topSource: washpostJan 21st, 2019

Governor wants to limit pre-employment credit checks

New York Gov. Andrew Cuomo wants to prohibit pre-employment credit checks for most jobs. The Democrat's proposal would prevent employers from requiring credit checks of as a hiring requirement.... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJan 21st, 2019

Eddie Lampert Winning Bidder to Buy Sears From Bankruptcy

ESL Investments' $5.2 billion proposal for ailing retailer wins auctionCheck out Edward Lampert Stock Picks » Download GuruFolio Report of Edward Lampert (Updated on 01/16/2019)Related Stocks: SHLD, SRG, AN, LE,.....»»

Category: blogSource: gurufocusJan 17th, 2019

Renault says it is considering new governance, CEO Ghosn succession

Renault confirmed on Thursday that it was considering new leadership to replace embattled Chairman and CEO Carlos Ghosn, after French Finance Minister Bruno Le Maire called publicly for a board meeting to address his succession......»»

Category: topSource: reutersJan 17th, 2019

Mozambique Mute Over $2 Billion "Tuna Boat" Bribery Scandal

Mozambique's ruling party has kept radiosilence since officials in the United States indicted the nation's former finance minister and former Credit Suisse bankers in a $2 billion hidden loan and bribery scandal. Since Manuel Chang.....»»

Category: blogSource: zerohedgeJan 15th, 2019

Digital First sends buyout proposal to Gannett

The publisher of USA Today has received a $1.36 billion buyout bid from a media group with a history of taking over struggling newspapers and slashing jobs......»»

Category: topSource: moneycentralJan 14th, 2019

Digital First sends buyout proposal to Gannett

The publisher of USA Today has received a $1.36 billion buyout bid from a media group with a history of taking over struggling newspapers and slashing jobs......»»

Category: topSource: moneycentralJan 14th, 2019

Lampert Boosts Sears Rescue Package To $5 Billion In Last-Ditch Effort To Avoid Liquidation

Sears Chairman Eddie Lampert has gone back to the drawing board in his bid to save the company from liquidation, emerging .....»»

Category: blogSource: zerohedgeJan 10th, 2019

U.S. consumer credit grows $22.1 billion in November, down only slightly from prior month

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchJan 8th, 2019

Economic Report: Consumer credit has second straight big jump in November

Consumer credit grew $22.1 billion in November, marking the second straight month of strong credit growth, the Federal Reserve said Tuesday......»»

Category: topSource: marketwatchJan 8th, 2019

Larry Ellison discloses $1 billion stake in Tesla

Larry Ellison, a newly appointed Tesla board member, has disclosed a $1 billion stake in the electric car-maker......»»

Category: topSource: marketwatchJan 8th, 2019

U.S. seeks extradition of ex-credit Suisse bankers charged in $2 billion loan fraud

Three former Credit Suisse Group AG bankers were charged in New York with defrauding U.S. investors after helping arrange hidden loans to Mozambique, thrusting another global bank into an emerging market fundraising scandal......»»

Category: topSource: moneycentralJan 4th, 2019

U.S. seeks extradition of ex-credit Suisse bankers charged in $2 billion loan fraud

Three former Credit Suisse Group AG bankers were charged in New York with defrauding U.S. investors after helping arrange hidden loans to Mozambique, thrusting another global bank into an emerging market fundraising scandal......»»

Category: topSource: moneycentralJan 4th, 2019