Tag Archives: Company news

Germany’s embattled Wirecard to continue business after insolvency

BERLIN (Reuters) – Wirecard, the German scandal payments company, said on Saturday that it will continue commercial activities after filing for bankruptcy and hopes that judicial authorities will soon appoint a provisional administrator. FILE PHOTO: The headquarters of Wirecard AG, an independent provider of outsourcing and private label solutions for …

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Nike plans to cut jobs on digital push

FILE PHOTO: The first day after the government eased restrictions amid the outbreak of coronavirus disease (COVID-19) in Jakarta, a silhouette of a woman wearing a face shield and face mask is seen near a Nike logo in a mall. Indonesia, June 15, 2020. REUTERS / Ajeng Dinar Ulfiana / …

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Some Disneyland workers protest plans to reopen amid pandemic

ANAHEIM, California (Reuters) – Workers at California’s Disneyland Resort protested from their cars on Saturday, arguing that Walt Disney Co (DIS.N) has not agreed on adequate protections for employees when the destination is reopened to the public amid a pandemic. The Resort Labor Unions Coalition representing Disney cast members organize …

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Albertsons shares fall on NYSE debut after lackluster IPO

(Reuters) – Albertsons Cos Inc ACI.N saw its shares drop in its debut on the New York Stock Exchange on Friday, a day after the US supermarket operator cut its initial public offering to $ 800 million. FILE PHOTO: Customers walk out of an Albertsons grocery store with their purchases …

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