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The Latest Breaking News from Company

Trucking Company on the Hook for $700 Million Federal Loan Files for Bankruptcy

Reason reported last month that with less than two years left on its loan, Yellow Corporation owed more than it originally borrowed and had repaid only $230 in principal.

Reason

Lawsuit Over Firing of Sports Show Host for Tweeting "ALL LIVES MATTER…EVERY SINGLE ONE" Can Go Forward

So says a federal judge in California, applying statutes that protect private employees from firing based on their "political activities."

Reason

Nexstar Names Michael Biard President & COO

Former Fox Corporation exec will join Nexstar on August 21; current president Thomas Carter will continue as senior advisor through end of this year

TV Tech

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read the most diverse news in one place.

Bloom review – Tom Gleisner’s aged care musical is cheerily good-hearted

Katie Weston’s songs are effective enough and Gleisner’s lyrics are serviceable, but Bloom comes to life when the excellent cast get to perform all together

The Guardian - AU

'Ripped away from us': Couple lose $14,000 in Watt Street wedding venue closure

'We have got very limited cash left. We are just trying to scramble.'

Newcastle Herald

Nexstar Promotes News Content Leaders

Jerry Walsh elevated to SVP of local content development; Austin Kellerman named VP of local digital content strategy

TV Tech

Newcastle MP calls on Government to mark Robert Stephenson anniversary

Chi Onwurah clashed with the Rail Minister after calling for celebrations for the 200th anniversary of the founding of Robert Stephenson and Company

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Former Chelsea owner Roman Abramovich's Fordstam deadline nears amid foundation plea

Fordstam Limited was previously the parent company of Chelsea and sees its registered address remain at Stamford Bridge and is said to hold funds designted to help victims of the Ukraine war

Football London

TSMC denies ransomware hack as gang demands multi-million dollar ransom

LockBit is asking for $70 million, but it seems to be knocking on the wrong door.

TechRadar

Lordstown Motors To Be Delisted From Nasdaq After Firm Filed For Bankruptcy Protection‌

‌Trading of the company’s class A common stock will be suspended starting July 7.‌

Zenger

Court Rejects Disney Shareholder's Demand for Corporate Documents Related to Controversy over Florida Law

From Simeone v. Walt Disney Co., decided Tuesday: This books and records action originates from The Walt Disney Company's response to Florida House Bill 1557. Disney initially took no public position on the bill, which limits instruction on sexual orientation or gender identity in Florida classrooms. After facing criticism from…

Reason

The US wants to restrict China's access to AI chips even more, and Nvidia could lose out as a result

Chips that are anything but cheap.

PC Gamer

11 bit studios inks a deal with Microsoft for new Xbox Game Pass additions

11 bit studios, the Polish studio behind the hit PC strategy game Frostpunk, has announced a deal with Microsoft that will bring select games from their portfolio to Xbox Game Pass.

Windows Central

Knead for larger premises prompts Company Bakery's move to East Lothian

Plans include new café at the Eskmills business campus in Musselburgh

Insider UK

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Nottingham Post

Boots reportedly set to close 300 UK pharmacies over the next year

The announcement comes in an effort to "consolidate" the business, reports suggest

TV Tech

Bankruptcy Court Approves Vice Media Sale to Lenders

The lenders acquiring Vice include the Fortress Investment Group, Soros Fund Management and Monroe Capital

Fortune

Linda Yaccarino is trying to fix Twitter’s accounting nightmare after Elon Musk refused to pay the company’s bills

Twitter just resumed paying its bills to Google Cloud, but its new CEO has many more messes to sort out.

Belfast Live

Crossgar firm fined over work death then judge slates social media post

Judge says victim impact statements "speak of their collective love for a man who was hard-working, who had endured much, who provided for his family and who was an integral part of all their lives"

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The Independent UK

W Series enters administration as ex-driver insists all-female racing competition ‘did not fail’

The 2022 season of W Series was curtailed with three races left and potential financial investment since has not materialised

Motorsport

W Series enters administration, all staff made redundant

The all-female championship held its inaugural season in 2019 as part of the DTM’s support bill.

Autosport

W Series enters administration

The all-female championship held its inaugural season in 2019 as part of the DTM’s support bill.

Bike Perfect

New deal saves Planet X bikes from the threat of closure

Investment in the UK brand secures the company and all 33 jobs

Autosport

Covers pulled off Le Mans Ultimate Game at Centenary 24 Hours of Le Mans

Le Mans, France, Wednesday, 14 June 2023. Le Mans Ultimate – the official game of the 24 Hours of Le Mans and World Endurance Championship – was announced ahead of the eagerly-anticipated Centenary edition of the 24 Hours of Le Mans (10-11 June), with a first look available for fans…

Bangkok Post

Powering a sustainable future with CKPower

CKPower PLC, the leader in hydroelectric power plants, has played a key role in fostering community engagement and development for the quality of life of people around power plants it has operated both domestically and internationally.

Football London

What the threat to Roman Abramovich's Fordstam Limited means for Chelsea as timeline begins

Roman Abramovich was sanctioned amid the war in Ukraine with his assets including Chelsea impacted, one such company could soon be struck off

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