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The company's finance directors concealed large debts. MG Rover Group: United Kingdom: 15 April 2005: Automobiles: After diminishing demand, and getting a £6.5m loan from the UK government in April 2005, the company went into administration. After the loss of 30,000 jobs, Nanjing Automobile Group bought the company's assets. Bayou Hedge Fund Group
Taxi companies sued Uber in numerous American cities, alleging that Uber's policy of violating taxi regulations was a form of unfair competition or a violation of antitrust law. [7] Although some courts did find that Uber intentionally violated the taxi rules, Uber prevailed in every case, including the only case to proceed to trial. [8]
The General Motors streetcar conspiracy refers to the convictions of General Motors (GM) and related companies that were involved in the monopolizing of the sale of buses and supplies to National City Lines (NCL) and subsidiaries, as well as to the allegations that the defendants conspired to own or control transit systems, in violation of Section 1 of the Sherman Antitrust Act.
The warning letters are part of the FDA and FTC’s joint initiative to reprimand companies that sell illegal copycat food products containing delta-8 THC. Delta-8 THC is a cannabis compound.
Many of these seemingly illegal actions, including tracking your internet history and asking for doctor's notes, are actually legal at many companies. 8 things most companies are allowed to do ...
The Ohio nuclear bribery scandal (2020) is a political scandal in Ohio involving allegations that electric utility company FirstEnergy paid roughly $60 million to Generation Now, a 501(c)(4) organization purportedly controlled by Speaker of the Ohio House of Representatives Larry Householder in exchange for passing a $1.3 billion bailout for the nuclear power operator. [1]
The energy company's collapse put more than 5,000 people out of work and wiped out more than $2 billion in employee pensions. Its aftershocks were felt throughout the energy sector.
Intelligence expert David Wise faulted Weiner for portraying Allen Dulles as "a doddering old man" rather than the "shrewd professional spy" he knew and for refusing "to concede that the agency's leaders may have acted from patriotic motives or that the CIA ever did anything right", but concluded: "Legacy of Ashes succeeds as both journalism ...