McKinsey Settles With US DoJ Over Bankruptcy Disclosures
McKinsey & Co. agreed to pay $15 million to settle the U.S. Justice Department allegations that the consulting firm failed to make required disclosures of potential conflicts in three bankruptcy cases it has advised on in recent years.
Crude stockpiles fall more than expected in week: EIA | Reuters
U.S. crude oil stocks fell more than expected last week, while gasoline and distillate inventories rose more than forecast, the Energy Information Administration said on Wednesday.
U.S. Crude Oil Inventories Fell by 1.4M Barrels Last Week: EIA...
U.S. Crude Oil Inventories Fell by 1.4M Barrels Last Week: EIA
IBM Thailand Promotes AI, Blockchain in Order to Create Regional Sales...
The Thai branch of IBM will promote blockchain and AI to turn the country into a major sales hub in the surrounding region.
FDA approves first new flu drug in nearly 20 years
Flu sufferers now have a new option for relieving symptoms. Xofluza (baloxavir marboxil), a single-dose, oral prescription drug, was approved by the US Food and Drug Administration on Wednesday. The antiviral is the first new flu treatment approved by the FDA in nearly 20 years, said FDA Commissioner Dr. Scott Gottlieb in a statement.
Ford cutting 7,000 white-collar jobs despite healthy profits
Ford is cutting about 7,000 white-collar jobs, which would make up 10% of its global workforce. The company has said it was undertaking a major restructuring and on Monday said that it will have tr…
Ford Makes Leadership Changes as it Speeds Transformation | Business Wire
Ford Motor Company today announced key leadership changes as it accelerates progress on the global redesign of its business, product resurgence, and v
LaSalle to enter U.S. debt market with acquisition –
LaSalle Investment Management, an arm of Jones Lang LaSalle Inc., is betting big on U.S. commercial real estate debt. LaSalle is acquiring a majority stake in Latitude Management Real Estate Invest…
Tesla says ‘robotaxis’ coming next year, touts self-driving microchip
Chief Executive Elon Musk said Tesla Inc. "robotaxis" with no human drivers will be available in some markets next year thanks to exponential improvements
