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The Latest Breaking News from Company

Verge Motorcycles Appoints Mark Wilson As New CFO

Finnish electric motorcycle company Verge Motorcycles has appointed Mark Wilson as the new CFO in charge of growing the company’s international business.

RideApart

Yellow Corporation To Close, Lay Off 30,000 Employees, and Likely Default on $700 Million Pandemic Aid Loan

The company blames much of its problems on the Teamsters trucking union's "intransigence," while the Teamsters say Yellow is delinquent on benefit payments.

Reason

Former RSC artistic director Sir Michael Boyd dies aged 68

Sir Michael was artistic director of the Royal Shakespeare Company between 2002 and 2012.

The Independent UK

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WWE Chairman Vince McMahon Served With A Grand Jury Subpoena In An Ongoing Investigation

McMahon is under investigation for his payments to women in relations to sexual misconduct.

Zenger

Yellow is shutting down and headed for bankruptcy, the Teamsters Union says. Here's what to know

Trucking company Yellow Corp. has shut down operations and is headed for a bankruptcy filing, according to the Teamsters Union and multiple media reports

The Independent UK

Nine Ways to Teach Kids Good Money Habits at Any Age

These three tips for each of three age ranges keep money topics age-appropriate, starting with the concepts of accumulation and value.

Kiplinger

Trucking company Yellow Corp. is reportedly preparing for bankruptcy. Here's what you need to know

After years of financial struggles, U.S. trucker Yellow Corp. is reportedly preparing for bankruptcy and seeing customers leave in large numbers

The Independent UK

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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

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

Chronicle Live

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Football London

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

TechRadar

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.

Zenger

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.‌

Reason

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…

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The Street

Lordstown Stock Resumes Slide As Nasdaq De-Listing Notice Follows Bankruptcy Filing

"Trading of the Company’s Class A common stock will be suspended by Nasdaq at the opening of business on July 7, 2023," Lordstown said.

PC Gamer

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.

Windows Central

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.

Insider UK

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

Plans include new café at the Eskmills business campus in Musselburgh

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.

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