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...Ben & Jerry’s responded by filing a lawsuit against Unilever, in a rare case of a company being sued by its own subsidiary....
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...The UK in November 2023 sanctioned a Dubai-based subsidiary of Paramount and then Troost himself and his Geneva-based company two months later....
...Second, criminal ransomware gangs, often linked to Russia, are increasingly targeting poorly protected corporate vendors and subsidiaries....
...The problem is, the relicensing is exactly what J Crew did when it transferred its IP to an unrestricted subsidiary....
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...When Icahn acquired CVR he was near the height of his powers after conducting bruising campaigns against corporate giants such as Texaco and Trans World Airlines....
...“OpenAI, Inc. has been transformed into a closed-source de facto subsidiary of the largest technology company in the world: Microsoft,” wrote Musk’s lawyers in a filing issued to a San Francisco court on...
...Anybody working in tech or games right now is worried about lay-offs to some degree, either for themselves or someone they know,” said Autumn Mitchell, a quality assurance tester at Microsoft video game subsidiary...
...Cruise, the self-driving car subsidiary of General Motors, targeted annual revenues of $1bn by 2025. Last year, the business reported sales of just $102mn amid a $3.4bn loss....
...The company was spun out as an independent subsidiary by Advance Publications, Condé Nast’s parent, in 2011....
...His comments reflect a shift in the way consumer-facing companies are talking about their Russian subsidiaries....
...While US investors hold significant stakes in ByteDance, founder Zhang Yiming has shares with special voting rights that give him control of the company and its subsidiary TikTok....
...Since listing in 2006, it has issued $132bn in equity, adding to more than $20bn in offshore bonds the company raised through various subsidiaries....
...Barings, a subsidiary of US life insurer MassMutual, filed on Monday for a temporary restraining order and preliminary injunction against Corinthia Global Management in a North Carolina court....
...The data is not comprehensive, but covers profits from subsidiaries with FDIC-insured deposits. Profits were dragged down by one-off charges linked to last year’s regional banking crisis....
...The fallout led to a rare instance of a subsidiary suing its parent company. May DD suggest a couple new flavours for Ben & Jerry’s: ‘Banana (corporate) split’ and ‘The full Nelson’....
...To that end, his company’s US unit is a separate legal entity, with an independent share structure, rather than having the status of being a subsidiary of the Chinese business....
...Substrates are the material that chips are built on, and Kinsus is a subsidiary of key iPhone assembler Pegatron....
...“OpenAI, Inc has been transformed into a closed-source de facto subsidiary of the largest technology company in the world: Microsoft,” Musk’s lawsuit alleged....
...The US federal drug regulator has told British American Tobacco’s US subsidiary to halt sales of its menthol-flavoured Vuse Alto vape, the most popular e-cigarette in the US, following a jump in popularity...
...“In reality, however, OpenAI, Inc. has been transformed into a closed-source de facto subsidiary of the largest technology company in the world: Microsoft.”...
...Five days after the SEC announced its charges, Brooge said that its main subsidiary had been “served with a court order from a court in the UAE following a case brought forward by Brooge International Advisory...
...Bird also listed European rival Tier, from whom it acquired its US subsidiary Spin in September in a $19mn deal, as holding a more than 10 per cent equity stake....
...Spanish renewables group Iberdrola has called off its planned $8bn acquisition of PNM Resources, cancelling a deal that would have transformed its Avangrid subsidiary into one of the biggest companies in...
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