The asset manager ranks high in the chip maker’s $6.5 billion debt stack.

Once the best of friends, OpenAI and its most important financial backer Microsoft Corp. are now involved in tough ...

Chegg shares were 6% higher, at 73 cents a share, after the company reported a narrower-than-expected first-quarter loss and a restructuring plan, including job cuts.

TOKYO, May 9 (Reuters) - Panasonic Holdings (6752.T), opens new tab said on Friday it will cut 10,000 staff and expects to book restructuring costs of 130 billion yen ($896.06 million) this ...

With Teva entering the next stage of its sweeping restructuring plan, thousands of employees are slated to be let go from the hybrid generics and innovative medicines giant. As part of a new bid ...

I’ve been working on it for four years. Nick Saban is gonna be involved. I think the NIL is in dire need of restructuring.” And there it is. When Tuberville says “NIL is in dire need of restructuring, ...

May 9 (UPI) --Panasonic revealed during an online press conference Friday that it plans to cut 10,000 jobs from fiscal 2025 to fiscal 2026. Half will be cut in Japan and half overseas. Panasonic ...

Education software maker Chegg announced plans on Monday to cut nearly 250 jobs as part of a restructuring plan. In a filing ...

TOKYO >> Panasonic Holdings said today it will cut 10,000 staff and expects to book restructuring costs of 130 billion yen ($896.06 million) this business year as part of an overhaul of the company.

Nike CEO shuffles leadership, names a new president and splits responsibilities for direct oversight to focus on business ...

Nissan declined to comment. Nissan’s crisis is in danger of getting even worse after the company warned shareholders last month that it will see a net loss on restructuring costs of as much as ¥750 ...