Investors who poured over $35 million into once-promising fashion startup Shoes of Prey are likely to be left empty-handed, with firms who invested in the business warning contributors they are not expecting any return from the liquidation process. Shoes of Prey, a company that allowed women to order customised footwear at a cheaper price than…
LONDON – Infiniti Motor Co., the luxury division of Japanese automaker Nissan, says its withdrawing from Western Europe offering another blow to carmakers in the U.K. bracing for Britains departure from the European Union. The company said Tuesday that as part of its restructuring plan, it will cease making two models, the Q30 and QX30,…
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CAMP HILL, Pa.–(BUSINESS WIRE)–Mar 12, 2019–Rite Aid Corporation (NYSE: RAD) announced today a leadership transition plan and an organizational restructuring to better align its structure with the Companys operations and to reduce costs. As part of the leadership transition, John Standley will step down as chief executive officer. The Board will promptly commence a search…
German software maker SAP AGs restructuring plan, announced in January this year, will end up eliminating around 80 jobs in Canada. SAP will lay off 64 employees in Ontario and 15 in Quebec, reported IT World Canada, citing unnamed sources. Most of the jobs facing the axe are at the companys research and development (R&D)…
New York Media, the parent company of New York magazine, laid off 16 full-time staffers and an additional 16 freelancers or part-time employees as the publication restructures, chief executive Pam Wasserstein said in a memo to employees on Monday. The cuts represent about 5% of New York Medias full time staff. It has been a…
This content is a press release from our partner ACCESSWIRE. The AP newsroom and editorial departments were not involved in its creation. Click to copyhttps://apnews.com/ACCESSWIRE/dd42199937ab841f2facf844cb8d72cc BOCA RATON, FL / ACCESSWIRE / March 12, 2019 / Americans are highly indebted. If you are in debt, you are not alone. As a debtor, you need to understand…
At Reeses flat, Florence informs him he cant stop her Hope will know the truth tonight. She knows Reese came all this way to keep her quiet and its not happening. Florence rehashes Reese stealing a baby for a gambling debt. She throws her cash at him and exclaims helping him was the worst decision…
Adam Moss departure from New York Magazine is looking well-timed. Just a few weeks after his resignation as editor in chief after 15 years, the magazine is embarking on an internal restructuring that has claimed the jobs of 16 full-time employees, equal to 5 percent of the full-time head count, and another 16 part-time employees…
Lieutenant Governor Tregenza Roach explained how residents can recover claims owed by Real Legacy Assurance Company. The Lieutenant Governors Office has been named a receiver of the defunct Real Legacy Assurance Company, which Lt. Gov. Tregenza Roach said Monday will ensure that outstanding claims filed by local policyholders can be paid. During a news conference…