Richard Elman, the 77-year-old founder and largest shareholder of Noble Group Ltd., quit due to “differences of opinion” with the firm's board and creditors over its future, in a fresh blow to the trading house's attempts to push through a massive debt restructuring. The statement Friday came less than two
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Like so many other scribes, I have been inspired by psychologist Jordan Peterson's fascinating book to sketch my 12 rules of life. But mine are different, because each is drawn from canonical science fiction. Why? Maybe because this is the literature on which I grew up, or maybe because I have never
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MGA Entertainment CEO Issac Larian discusses his plans to save Toys 'R' Us from liquidation. The head of the company that created Bratz dolls and Little Tikes is putting $100 million toward a long-shot bid to save Toys âRâ Us. MGA Entertainment Inc. Chief Executive Officer Isaac Larian is aiming to buy
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Talks with American over the re-engined model have ended, Airbus said Friday in response to questions from Bloomberg. The companies had been discussing the A330neo as a possible substitute for an unwanted A350 aircraft deal, and the decision means the U.S. carrier appears set to buy more
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Investors have gone gaga over Dropbox Inc. in its first few hours as a public company. It looks as if their enthusiasm has become overheated. Shares of Dropbox, the digital file-cabinet company, shot up about 39 percent on Friday from their initial sale price. That gives Dropbox a valuation of about $13
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