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Banks Tweak Bond Covenant Language To Protect Against Repeat Of Citi"s $500M "Fat Finger" Loss

Banks Tweak Bond Covenant Language To Protect Against Repeat Of Citi's $500M "Fat Finger" Loss After a court battle that dragged on for more than a year, a New York judge shocked the .....»»

Category: personnelSource: nytMar 10th, 2021

VW "unintended victim" in battery supplier dispute, seeks four-year reprieve

Volkswagen AG late Friday called itself an “unintended victim” in a battle between two battery suppliers and urged the U.S. government to extend a reprieve to buy batteries key to its planned U.S. electric vehicle production......»»

Category: topSource: foxnewsFeb 13th, 2021

Judge tells Capitol siege "bullhorn lady" she"s "so unpatriotic it makes my straight hair curl"

Powell, a 40-year-old mother of eight, was filmed wielding a bullhorn to direct rioters inside the Capitol. Prosecutors said Powell used the bullhorn to order rioters to "coordinate together if you are going to take this building." FBI "B.....»»

Category: personnelSource: nytFeb 12th, 2021

Houses in the Hamptons are flying off the market for top-dollar prices after bidding wars

In a sign of pandemic-fueled demand for the ritzy NYC enclave, 803 Hamptons homes traded hands last quarter - about double the year before. A house on the Hamptons' billionaire lane. Katie Warren/B.....»»

Category: dealsSource: nytFeb 1st, 2021

COVID-19 hands Southwest its first full-year loss since 1972

Southwest Airlines said it lost $3.1 billion in 2020, its first full-year loss since its early days in 1972, and said bookings for early this year have stalled in the face of high numbers .....»»

Category: topSource: chicagotribuneJan 28th, 2021

Ohio lawmaker who questioned the COVID-19 hygiene of Black Americans now leads legislative health committee

"Could it just be that African Americans - or the colored population - do not wash their hands as well as other groups?," Huffman asked last year. State Sen. Stephen Huffman (R-Ohio). AP Photo/Al Behrman, File An Ohio lawmaker w.....»»

Category: personnelSource: nytJan 23rd, 2021

Why Jail Threat Hangs Over Samsung Billionaire Again

Samsung Group’s billionaire scion, Jay Y. Lee, finds out Monday whether he goes back to jail. A judge will hand down a new sentence for Lee’s involvement in a corruption case that brought down a South Korean president and ignited a backlash ove.....»»

Category: topSource: washpostJan 18th, 2021

2020 Book of Lists artist Daniel Graxton began drawing "as soon as I got a crayon in my hands"

This year, Orlando Business Journal's Book of Lists features the work of local artists......»»

Category: topSource: bizjournalsJan 6th, 2021

TikTok is facing legal action from a 12-year-old girl over the way it handles children"s data

The 12-year-old can remain anonymous, as a judge in England said revealing her identity could expose her to bullying. Xinhua/Ahmed Gomaa via Gerrt via Getty Images A 12-year-old girl from England is planning to b.....»»

Category: topSource: businessinsiderJan 4th, 2021

Judge fines Uber $59 million, threatens license in California over assault data

Uber has spent the better part of a year refu.....»»

Category: topSource: latimesDec 15th, 2020

Paul Manafort Freed From Prison, Will Serve Rest Of Sentence Under Home Confinement

Paul Manafort Freed From Prison, Will Serve Rest Of Sentence Under Home Confinement While a federal judge.....»»

Category: blogSource: zerohedgeMay 13th, 2020

Judge hands developer big win in Vallco housing project case

Judge Helen Williams of the Santa Clara County Superior Court roundly rejected the arguments from Friends of Cupertino that challenged how the huge, multi-purpose project was authorized......»»

Category: topSource: bizjournalsMay 7th, 2020

BMW cuts outlook, sees coronavirus pain lasting all year

BMW expects the coronavirus pandemic to hit demand and earnings throughout this year, while Volkswagen sees some green shoots with higher Chinese demand. Francis Maguire reports......»»

Category: videoSource: reutersMay 6th, 2020

Judge questions VW"s defence in landmark case over diesel damages

A German federal court judge cast doubt on Volkswagen's reasoning after the carmaker urged the court to dismiss a claim for damages brought by an owner of a diesel powered VW Sharan family van......»»

Category: topSource: reutersMay 5th, 2020

Judge questions VW"s defense in landmark case over diesel damages

A German federal court judge cast doubt on Volkswagen's reasoning after the carmaker urged the court to dismiss a claim for damages from a diesel customer......»»

Category: topSource: reutersMay 5th, 2020

Audi"s 2020 outlook "significantly below" last year amid coronavirus

Audi , a unit of Volkswagen , said on Thursday it saw deliveries, revenue and operating profit "significantly below" last year as the coronavirus outbreak plays out......»»

Category: topSource: reutersApr 30th, 2020

Volkswagen reports Q1 sales revenue EUR55.054B vs. EUR60.012B last year

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallApr 29th, 2020

Volkswagen sees 2020 sales revenue, deliveries significantly below prior year

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallApr 29th, 2020

Volkswagen reports deliveries to customers down 23% vs. last year

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallApr 29th, 2020

VW, Daimler foresee profits despite crisis

Volkswagen and Daimler both said Wednesday that they foresaw full-year profits despite taking a beating from the global virus crisis. Julian Satterthwaite reports......»»

Category: videoSource: reutersApr 29th, 2020