Tag: brooklyn
-
Loss of U.S. boss seen hitting VW turnaround, but not talks with regulators
By Andreas Cremer BERLIN (Reuters) – The departure of Volkswagen's U.S. boss is a blow to the carmaker's attempts to revive sales after its emissions test cheating scandal, but should not disrupt its efforts to strike a deal with U.S. regulators, analysts and sources told Reuters. Michael Horn, whose surprise departure from the helm of…
-
Investors sue company rescued by Shkreli for return of $5 million
Investors who backed a biotechnology company led by executive Martin Shkreli are suing to get back the $5.4 million they had invested just hours before his arrest, according to court papers. Shkreli took control of KaloBios Pharmaceuticals Inc in November, saving the company from closing down. As part of Shkreli's rescue, the company reached a…