Tag: Bankruptcy
Volkswagen slashes the value of its stake in Northvolt, the beleaguered battery manufacturer
Volkswagen bet big on European-made batteries a few years ago with two massive investments in Northvolt, the Swedish manufacturer. Now the automaker’s €1.4...
Judge in Alex Jones' bankruptcy to hear arguments on The Onion's bid for Infowars
A bankruptcy judge is set to hear arguments Monday in conspiracy theorist Alex Jones ’ effort to stop the satirical news outlet The...
Moody's credit rating upgrade for Cyprus opens the door to investment, president says
NICOSIA, Cyprus -- Moody’s two-notch upgrade of Cyprus' credit rating to A3 from Baa2 opens the threshold to quality foreign investment that will...
Battery unicorn Northvolt files for bankruptcy, co-founder and CEO resigns
Beleaguered Swedish battery manufacturer Northvolt announced on Thursday that it was filing for bankruptcy in the U.S., striking a blow to Europe’s ambitions...
US budget airlines are struggling. Will pursuing premium passengers solve their problems?
DALLAS -- DALLAS (AP) — Delta and United have become the most profitable U.S. airlines by targeting premium customers while also winning back...
Battery unicorn Northvolt files for bankruptcy, upending Europe’s industrial plan
Beleaguered Swedish battery manufacturer Northvolt announced today that it was filing for bankruptcy in the U.S., striking a blow to Europe’s ambitions for...