Norwegian's Future Remains Uncertain Despite Shareholders Approving Crisis Plan

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Norwegian's Future Remains Uncertain Despite Shareholders Approving Crisis Plan

At an emergency meeting of shareholders today, Norwegian received owner approval to proceed with its controversial restructuring plan. More than 95% of shareholders voted in favor of the proposed restructuring package, which when fully implemented will …
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UPDATE 1-Texas energy regulator drops plan for oil output cuts

(Adds regulator quote, context, detail). May 4 (Reuters) – The Texas regulator who has pushed the state to consider curtailing oil output by 1 million barrels per day said on Monday that the issue is dead. Texas regulators on Tuesday are scheduled to consider …
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Wells Fargo receives "outstanding" rating for community lending

May 4 (Reuters) – Wells Fargo & Co WFC.N said on Monday it has received an “outstanding” rating on a U.S. regulatory test for community lending between 2012 and 2018. The Office of the Comptroller of the Currency assigned the rating to the bank under the …
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COVID-19 stockpiling boosts Bonduelle's Q3 revenue

May 4 (Reuters) – France’s Bonduelle on Monday posted a sharp rise in third-quarter revenue as Europeans rushed to shops to stockpile longer-lasting food products before the start of COVID-19 related lockdown measures. The frozen food and ready-made …
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Marijuana Legalization in Nebraska Has a New Strategy

Marijuana legalization efforts in many US states were disrupted after COVID-19 hit. Self-quarantine and social distancing efforts made it impossible for campaign activists to gather signatures. As a result, many states had to drop their legalization campaigns.
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