Tagged: Company coverage

VW loses Dieselgate case at German court

Germany’s top court ruled against Volkswagen in the so-called Dieselgate case, ordering the company to compensate car owners. Ilona Wissenbach reported the news for Reuters: Volkswagen (VOWG_p.DE) must pay compensation to owners of vehicles...

Facebook makes remote work permanent

Facebook is making remote work a permanent fixture, expecting half of its employees to work remotely in 10 years. Emily Bary from MarketWatch reported: Facebook Inc. FB, +0.61% Chief Executive Mark Zuckerberg expects that...

Ford shuts two factories on new Covid-19 cases

Ford suspended production at two factories after workers tested positive for Covid-19. CNN’s Chris Isidore reported: Just days after reopening its American assembly plants, Ford temporarily shut down two separate factories because employees tested...

U.S. car factories begin to reopen

The U.S. auto industry is beginning to reopen with tightened health safety measures. Ben Klayman and Nick Carey reported the news for Reuters: The U.S. auto industry is slowly returning to life, with vehicle...

Uber in talks to acquire Grubhub

Uber has reportedly approached Grubhub with a takeover offer. Greg Roumeliotis, Akanksha Rana, and Lisa Baertlein reported the news for Reuters: Uber Technologies Inc is in negotiations to buy online food delivery company Grubhub...

Neiman Marcus files for bankruptcy

Neiman Marcus is the latest victim of the Covid-19 crisis, filing for bankruptcy on Wednesday. Lauren Hirsch and Lauren Thomas reported the news for CNBC: Neiman Marcus, saddled with debt and hit by the...