HSBC is calling it a simplified organization structure. But a press release issued Tuesday (Oct. 22), indicates the banking group is making big changes being...
Peloton Interactive plans to launch a global refinancing. The connected fitness company will offer $275 million aggregate principal amount of convertible senior notes due 2029 in...
Tesla has reportedly laid off employees across several departments over the last three weeks. These job cuts follow the automaker’s announcement three weeks ago that it...
Stability AI is laying off an unspecified number of employees as part of a restructuring process. The company will hold a town hall meeting Thursday (April...
CURO Group Holdings has filed for bankruptcy protection to implement the terms of a Restructuring Support Agreement (RSA) supported by about 74% of its lenders. The...
San Francisco-based digital freight startup, Flexport, has made a significant move in the logistics industry by acquiring Convoy, a Seattle-based trucking startup, according to media...
Alibaba, the Chinese eCommerce behemoth, is planning to expand its Tmall eCommerce site to Europe, according to Michael Evans, president of Alibaba Group. Speaking at...
Groupon will be eliminating another 500 jobs globally as it continues with its restructuring plans. The firm said in a filing with the Securities and...
Crypto mining firm Argo Blockchain has made transactions allowing it to continue operating. The firm said in a Wednesday (Dec. 28) press release that its subsidiary would...