As corporate executives caught in a waiting game for their shiny new planes, there are new challenges for the business jet market just when it looked like the market was ready for a take off. It’s been taking longer to… Read More ›
Day: July 27, 2017
South Korea Is In No Rush For US Missile Defense Even As North Korea Is More Erratic Than Ever
Despite fears of another international ballistic missile attach from its northern neighbor, South Korea is in no hurry to set up an advanced missile defense system designed to protect its shores from North Korean aggression. Pending a full review, further installation of… Read More ›
UK & EU secure RBS with a $1.1 billion deal
The deal brings a finality to the issue related to the spin-off of RBS’ banking division that has been dogging it since years. The European Commission has concurred with a British government plan that frees the Royal Bank of Scotland… Read More ›
China’s HNA Group fails to pass CFIUS scrutiny, abandons bid to buy majority stake in SkyBridge Capital LLC
While earlier American companies faced network security incidents from Chinese infosec professionals who stole huge quantities of U.S. consumer data which led to a U.S-China agreement to not attack each other corporate networks, access to the all-important consumer data is… Read More ›
Foxconn promises to build a $10 billion LDC display plant in Wisconsin
Foxconn has a dodgy record, if it were to stick to its rhetoric this time, its $10 billion investment would mark the biggest in Wisconsin’s history. Foxconn, also formally known as Hon Hai Precision Industry Co Ltd, has announced its… Read More ›
Former Fiat Chrysler executive charged with payoff scheme
Both, Fiat Chrysler and the United Auto Workers union have denied knowledge of the scheme. Three people were indicted in this pay off scheme. On Wednesday, a former vice president of Fiat Chrysler has been indicted for making $1.2… Read More ›
Delaware’s bankruptcy court grants Elliott Management some more time for its bid of Oncor Electric Delivery Co
With the Delaware bankruptcy court judge having to balance the myriad what-ifs scenarios, this case makes an interesting read. A U.S. bankruptcy judge has given Elliott Management Corp eleven more days to formalize its plans to bid on Oncor Electric… Read More ›
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