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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
Target has been sued for allegedly concealing the risks of its diversity and social initiatives, leading to a backlash that caused customers to flee and the stock price of the Minneapolis-based ...
After the company stopped accepting bitcoin for car payments, on May 12, 2021, Musk stated on Twitter that "Tesla will not be selling any Bitcoin", which was, at the end of 2021, worth nearly $2 billion. [434] [435] In July 2022, Tesla stated in regulatory filings that it sold approximately 75% of its bitcoin in the March–June 2022 quarter. [436]
S. SafeMoon; Salad oil scandal; Sampoong Department Store collapse; Saradha Group financial scandal; Robert Schuyler; ScotiaMocatta; Seongsu Bridge disaster
The company said it would remove its quantitative workforce and supplier diversity ambitions, ensure incentives and employee goals were tied to business performance, and review training programs ...
Caught Up in Cotton Controversy Previously tripped up in trade wars, multinational fashion companies found themselves navigating choppy waters pitted between ever-conscious c Year in Review ...
Apple Inc. has been the subject of criticism and legal action. This includes its handling labor violations at its outsourced manufacturing hubs in China, its environmental impact of its supply chains, tax and monopoly practices, a lack of diversity and women in leadership in corporate and retail, various labor conditions (mishandling sexual misconduct complaints), and its response to worker ...
The ACFTU had previously signed an agreement with the company in 2006 that allowed Walmart to set up management-controlled unions instead. The union asked for the workers to return to their jobs. Reuters reported that by July 8, 2016, the striking workers returned to work when management agreed to consider their protests. [ 66 ]