Japanese supplier Marelli enters court-led reorganization
Marelli is seeking the cancellation of about 450 billion yen ($3.3 billion) in debt out of total obligations of about 1.13 trillion yen, as part of a wider restructuring, sources say......»»
Eric Adams hopes Supreme Court’s curbing of corruption prosecutions helps gut his own
Eric Adams hopes Supreme Court’s curbing of corruption prosecutions helps gut his own.....»»
Uber beats crash victims’ attempt to try case in court instead of arbitration
Couple said daughter agreed to terms update when ordering food via Uber Eats. Enlarge (credit: Getty Images | NurPhoto) A married couple can't sue Uber over severe injuries they suffered in a 2022 car accident because of.....»»
Second judge implies Apple lied in Epic lawsuit; denies request
A second judge in the Apple versus Epic Games lawsuit has implied that the Cupertino company has lied to the court. It comes after the original judge strongly implied that Apple had not told the truth about the reasons for its new App Store policy......»»
What should declining Japanese cities do?
Aging societies and population decline have been on the rise globally, but in Japan, the situation has been exacerbated ten-fold. A staggering 36.21 million people, or 28.9% of the populace, are 65 and over. Further, 74.6% of Japan's 1,747 cities are.....»»
Daily 5 report for Sept. 27: More turmoil ahead in Vinnie Johnson"s minority certification controversy
The Michigan Minority Supplier Development Council isn't going away in its quest to strip Piston Group of its minority certification......»»
Was Vinnie Johnson"s Piston Group the subject of a takeover plot?
The longtime auto supplier's favorable court decision was the culmination of a bitter legal fight that dragged on more than three years — and may not be done yet. An appeal was filed last week......»»
OpenAI drops nonprofit status in large-scale reorganization
OpenAI is reportedly planning to scrap the nonprofit structure of its core business in favor of a for-profit model that will be more attractive to investors......»»
Masimo CEO Joe Kiani resigns amid legal dispute with Apple
Apple and Masimo have been battling it out in court after the company specializing in health technologies managed to temporarily ban Apple Watch sales in the US due to alleged patent infringement. In the midst of this dispute, Masimo CEO Joe Kiani ha.....»»
Nissan wins as court orders Carlos Ghosn to return yacht and $32 million
The luxury vessel became a symbol of the alleged self-serving excesses at the crux of financial misconduct accusations against Carlos Ghosn......»»
Nissan wins as court orders Carlos Ghosn to fork over yacht and $32 million
The luxury vessel became a lurid symbol of the alleged self-serving excesses at the crux of financial misconduct accusations against Carlos Ghosn, who was arrested in 2018 at the height of his power as the chairman of the Renault-Nissan-Mitsubishi al.....»»
Cox asks court to block Rhode Island plan for broadband expansions
Cox disputes speed tests, claims it serves areas eligible for broadband grants. Enlarge (credit: Getty Images | Adrienne Bresnahan) Cox Communications asked a court to block Rhode Island's plan for distributing $108.7 mi.....»»
Cox sues state in attempt to block $109 million in funding for rival ISPs
Cox disputes speed tests, claims it serves areas eligible for broadband grants. Enlarge (credit: Getty Images | Adrienne Bresnahan) Cox Communications asked a court to block Rhode Island's plan for distributing $108.7 mi.....»»
Tesla supplier goes bankrupt after $30M verdict in defective parts lawsuit in Ohio
Wrena filed for voluntary Chapter 11 bankruptcy in U.S. Bankruptcy Court with liabilities between $10 million and $50 million......»»
Small tsunami waves splash ashore on remote Japanese islands
Small tsunami waves splashed ashore on remote Japanese islands Tuesday morning after an earthquake that may have been triggered by volcanic activity......»»
Auto supplier goes bankrupt after $30M verdict in defective parts lawsuit
Southfield, Mich.-based automotive supplier Wrena LLC filed for bankruptcy Monday with the intention of selling the business after being ordered to pay $30 million in a lawsuit over defective parts. The company petitioned for voluntary Chapter 11.....»»
Former Mitsubishi dealer must pay Nissan lending arm $330K debt, Nebraska judge rules
A bankruptcy court judge in Nebraska has refused to dismiss a $331,225 debt a former Mitsubishi dealer and his company owe to floorplan lender Nissan Motor Acceptance Co......»»
Elon Musk’s X gives up fight in Brazil, starts complying with judge’s demands
X announces reversal but must prove compliance before it can be reinstated. Enlarge (credit: Getty Images | SOPA Images) Elon Musk is apparently conceding defeat in his fight with Brazil Supreme Court Judge Alexandre de.....»»
Court rules nearly 98,000 Arizonans whose citizenship hadn"t been confirmed can vote the full ballot
Court rules nearly 98,000 Arizonans whose citizenship hadn"t been confirmed can vote the full ballot.....»»
Auto supplier plans to invest $78.8M at former Stellantis plant in Detroit
Laepple Automotive plans to invest $78.8 million into the former Stellantis Mount Elliott Tool and Die site on Detroit' east side......»»
Rain enters Southern California forecast: Here"s when
Rain enters Southern California forecast: Here"s when.....»»