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Samsung says Japanese curbs cloud outlook as profit halves, shares fall
Samsung Electronics warned on Wednesday that Japanese curbs on the export of chip-making materials was blurring its outlook and said it would delay a plan to return money to shareholders due to "significant new challenges.".....»»
U.S. property trust Vornado challenges Arcadia"s restructuring plan
Philip Green's fashion empire Arcadia Group on Tuesday said it received applications from legal entities of U.S.-based property group Vornado challenging two of its seven planned Company Voluntary Agreements (CVAs)......»»
Philip Green"s Arcadia faces key vote as administration looms
Creditors will decide the fate of Philip Green's Arcadia group and its 18,000 workers at a vote on Wednesday on a sweetened restructuring plan to save the British fashion retailer......»»
5 Reasons Why RBC Turned Cautious On Barrick Gold
Canadian mining company Barrick Gold Corp (NYSE: ABX) has succeeded in restructuring, decentralizing and strengthening its balance sheet, but now faces five new challenges, according to RBC Capital Markets. Latest Ratings for ABX DateFi.....»»
5 reasons to bet against Elon Musk"s plan
Musk wants to be free from the pressures of Wall Street, but his plan faces big challenges......»»
Fighting to survive: Noble Group"s fate hangs on investors restructuring vote
Singapore-listed Noble Group Ltd faces a make-or-break shareholders' meeting on Monday as investors vote on a $3.5 billion debt restructuring plan that its creditors and board say is vital to prevent insolvency......»»
Walmart Just Wanted to Sell Pricey Outdoor Gear. Then "All Hell Broke Loose."
Walmart’s plan to sell high-end hiking, camping and other outdoor gear on its website hasn’t started well, a sign of the challenges the discount chain faces as it tries to stretch further into Amazon.com’s territory......»»
Cengage aims to disrupt the college textbook market
Cengage's new flat-fee all-you-can-read subscription plan could save college students a lot of money on textbooks. But as Fred Katayama reports, the publisher faces several challenges......»»
Cengage aims to disrupt the college textbook market
Cengage's new flat-fee all-you-can-read subscription plan could save college students a lot of money on textbooks. But as Fred Katayama reports, the publisher faces several challenges......»»
Once mighty Noble Group faces insolvency protection after re-listing ban
Noble Group said on Friday it will seek changes to its original debt restructuring plan, with the spotlight now moving toward what the once mighty commodity merchant has called the alternative: insolvency protection......»»
Walgreens to Cut Costs Sharply as Drugstore Faces Challenges
Walgreens Boots Alliance Inc. said it plans to aggressively cut costs, with a plan to save $1 billion a year within three years. .....»»
Elon Musk Asks Advertisers To Return To X After Months Of Tussle With Disney, Apple, And Others As Zuckerberg"s Meta Faces Flak For Ad-System Inconsistency
Elon Musk invites advertisers to return to X amid challenges in Meta Platforms Inc.'s advertising system, highlighting improved ad relevance on his platform. read more.....»»
Elon Musk Mocks Facebook Again, Likens Its Links To "AOL Email Address" As Zuckerberg"s Meta Struggles With Ad Glitches
Elon Musk critiques Meta Platforms' advertising system amid marketer complaints, comparing sharing a Facebook link to having an AOL email address, as Meta faces challenges with ad performance and rising campaign costs. read more.....»»
Trump Media Board Member Reportedly Hacked Truth Social Parent Executive In Attempted Corporate Coup
Trump Media & Technology Corp parent company of Truth Social faces hacking lawsuit. Board member Eric Swider accused of conspiring to oust original architect, amidst growing legal & financial challenges. read more.....»»
And ... action? Theaters get ready to reel in moviegoers again
As theater operators pick themselves up after being waylaid by the pandemic, they plan for their next act. Amid all the challenges, an unexpected plot twist has begun to emerge: hopefulness......»»
Duke Energy challenges "stranded cost" report as SC regulators seek guidance on power plant plan
On the third day of testimony Wednesday on Duke Energy’s long-term plant construction plans, some members of the S.C. Public Service Commission clearly struggled with their role in the hearings......»»
Choosing between a hybrid or multi-cloud strategy, when to engage in an IT partnership, security and the future: An exec discussion
During the “Tech Connect: A Virtual Discussion,” sponsored by CDW, executives from the Boston area discussed how they have handled the challenges of innovation amid a pandemic and how they plan to move forward into a different world in 2021......»»
Facebook Faces New Scathing Allegations Of Trauma Faced By Content Moderators: What You Should Know
A content moderator at Facebook Inc. (NASDAQ: FB) launched a scathing attack on the social media giant as he quit his job Wednesday, criticizing the company for its failure to address the mental health challenges faced by content analysts. read more.....»»
28 closed or temporarily closed businesses on the Magnificent Mile: Block-by-block analysis of where North Michigan Avenue stands after impact of pandemic, unrest
After decades at the center of Chicago’s retail, hospitality and real estate worlds, North Michigan Avenue faces one of its greatest challenges. Here is a block-by-block snapshot.....»»
Capitol Report: Biden says he’s ‘prepared to negotiate’ on infrastructure as he meets bipartisan group of lawmakers
President Joe Biden said Monday he's ready to hash out ideas on his proposed $2.3 trillion infrastructure plan, as he faces resistance from Republicans and even some Democrats......»»