(Reuters) – Bed Bath & Beyond Inc is considering sales of assets and intellectual property as part of a potential bankruptcy filing that could come as soon as this weekend, Bloomberg News reported, citing people with knowledge of the situation. The home goods retailer is also looking to secure funding from U.S.-based investment firm Sixth…
(Reuters) – Bed Bath & Beyond Inc is considering sales of assets and intellectual property as part of a potential bankruptcy filing that could come as soon as this weekend, Bloomberg News reported, citing people with knowledge of the situation. The home goods retailer is also looking to secure funding from U.S.-based investment firm Sixth…
By Khalid Abdelaziz and Nafisa Eltahir KHARTOUM (Reuters) – Sporadic shelling rang out late on Friday in Sudan’s capital even though warring factions announced a truce, while one force said it was willing to allow airports to reopen for the evacuation of foreign nationals. The United Nations, U.S., UK, Japan, Switzerland, South Korea, Sweden and…
LISBON (Reuters) – Brazil’s Defence Minister Jose Mucio said on Friday his country’s planemaker Embraer SA would manufacture aircraft that meet NATO’s requirements in a partnership with Portuguese aerospace company OGMA. Embraer, which holds 65% of OGMA’s capital, makes several types of planes, including a light attack aircraft called “Super Tucano”. The company launched last…
LISBON (Reuters) – Brazil’s Defence Minister Jose Mucio said on Friday his country’s planemaker Embraer SA would manufacture aircraft that meet NATO’s requirements in a partnership with Portuguese aerospace company OGMA. Embraer, which holds 65% of OGMA’s capital, makes several types of planes, including a light attack aircraft called “Super Tucano”. The company launched last…
(Reuters) -Paramount Global has agreed to a $167.5 million settlement of a case stemming from the 2019 merger of Viacom Inc and CBS Corp that created the entertainment company, a filing showed. The settlement, reached on Tuesday, provides for the dismissal of the case in exchange for the payment to Paramount, according to a Securities…
GENEVA (Reuters) -Inmates who have been held for years in the Guantanamo Bay U.S. detention facility in Cuba are showing signs of “accelerated ageing”, a senior official of the International Committee of the Red Cross said on Friday. “We’re calling on the U.S. administration and Congress to work together to find adequate and sustainable solutions…
By Hyunjoo Jin SAN FRANCISCO (Reuters) – Tesla’s market share in its key California market tumbled in the first quarter of the year despite aggressive price cuts as rivals stepped up, data showed on Friday. Tesla Inc controlled 59.6% of the battery electric market in California from January to March, down from 72.7% for the…
By Kanishka Singh WASHINGTON (Reuters) -The U.S. Air National Guardsman accused of leaking classified documents to a small group of gamers had been posting sensitive information months earlier than previously known and to a much larger chat group, the New York Times reported on Friday, citing online postings reviewed by the newspaper. In February 2022,…
(Reuters) – Alphabet Inc Chief Executive Sundar Pichai received total compensation of about $226 million in 2022, more than 800 times the median employee’s pay, the company said in a securities filing on Friday. Pichai’s compensation included stock awards of about $218 million, the filing showed. The pay disparity comes at a time when Alphabet,…
