[ad_1] First-quarter earnings were largely wiped out by a $6.9 billion charge tied to litigation and other costs from its Covid-19 vaccine commitments. [ad_2] Source link
Tag: New Companies Creation
Seven & I Board Opposes ValueAct’s Proposal to Remove CEO, Other Directors
[ad_1] Seven & i Holdings said its board would oppose a proposal made by San Francisco-based activist investor ValueAct Capital LP to replace board members, including Chief Executive Ryuichi Isaka.…
WSJ News Exclusive | Carrier Plots Separation of Fire Unit
[ad_1] WSJ News Exclusive Business Air-conditioning company aims to sell or spin off Fire & Security business [ad_2] Source link
The Fatal Flaw in Credit Suisse’s Last-Ditch Attempt to Save Itself
[ad_1] Credit Suisse Group AG’s new-look investment bank, CS First Boston, was supposed to help salvage the lender. Instead, it may have hastened its fall. The Swiss bank, buffeted by…
Ford to Build 500,000 EV Trucks a Year at Tennessee Plant
[ad_1] The U.S. auto maker revealed the target, along with plans to make its next-generation EV truck at a new factory site in Tennessee, which starts production in 2025. [ad_2]…
WSJ News Exclusive | EY Breakup Plan Stalled on Partners Split
[ad_1] A fight erupts between the accounting firm’s U.S. and overseas leaders over the division of its lucrative tax business. [ad_2] Source link