Former Nortel execs acquitted of fraud
A Canadian court on Monday acquitted three top executives of former high-flying telecom company Nortel accused of defrauding the now-defunct firm, citing a lack of evidence.
Business
Jan 14, 2013
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News tagged with restructuring
Sharp to make cutting-edge LCDs in China
Troubled Japanese electronics giant Sharp Corp is to produce cutting-edge LCD panels for smartphones in a Chinese joint venture from as early as 2015, a report said on Wednesday.
Business
Jun 26, 2013
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Panasonic's red ink grows, forecasts loss for year
(AP)—Panasonic Corp.'s losses ballooned to 698 billion yen ($8.7 billion) for the fiscal second quarter as sales plunged in flat-panel TVs, laptops and other gadgets, and restructuring costs to turn itself around were proving ...
Business
Oct 31, 2012
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AOL to log additional $200M in restructuring costs
(AP) -- New regulatory filings suggest many more layoffs could be coming at AOL LLC as it separates from Time Warner Inc. by the end of the year.
Business
Nov 12, 2009
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Noble Group shares soar after deal with key investor
Noble Group shares surged more than 50 percent Wednesday after the embattled commodities trader sealed a deal with a major investor, paving the way for a debt restructuring.
Business
Jun 20, 2018
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Twitter purging up to 336 workers as new CEO slashes costs
Twitter is laying off up to 336 employees, signaling CEO Jack Dorsey's resolve to slash costs while the company struggles to make money.
Business
Oct 13, 2015
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