Catholic Diocese of San Diego files for bankruptcy amid sexual abuse claims
The Catholic Diocese of San Diego filed for Chapter 11 bankruptcy Monday, citing legal costs related to sexual abuse survivors.
The Catholic Diocese of San Diego filed for Chapter 11 bankruptcy Monday, citing legal costs related to sexual abuse survivors.
(Bloomberg) -- In many parts of China, the warehouses and industrial parks that used to be a magnet for international investors are grappling with a surprising slowdown in business activity. Most Read from BloombergYouTuber Dr Disrespect Was Allegedly Kicked Off Twitch for Messaging MinorVW Latches Onto Rivian in $5 Billion EV Pact to Regain MomentumTrump Could Actually Lose Florida. Here’s Why.Nvidia Rout Takes Breather as Traders Scour Charts for SupportJulian Assange Leaves Court ‘Free Man,’
Toyota is recalling about 145,000 vehicles due to an airbag problem, the automaker said last week. Here's which models are affected.
The New York attorney general’s office accused Donald Trump of undertaking yet another effort to “undermine the Court’s legitimacy” by calling for the judge in the former president’s civil fraud trial to recuse himself over communications with a real estate attorney.
U.S. prosecutors have recommended Boeing face criminal charges over allegedly violating a deferred prosecution agreement related to two fatal crashes. Global’s Sean Previl reports on what that impact could be and why the company has a long road to regain the public's trust, even if no charges are laid.
(Bloomberg) -- The US Gulf Coast is probably the only place in the world where two men with virtually no experience running an energy business could upend a vast industry while becoming billionaires in the process.Most Read from BloombergSupreme Court Poised to Allow Emergency Abortions in IdahoYouTuber Dr Disrespect Was Allegedly Kicked Off Twitch for Messaging MinorBolivia’s President Arce Swears in New Army Chief After Coup BidFedEx Stokes Investors With Hint of a Freight DealVolkswagen Inves
(Bloomberg) -- The era of big paychecks for Chinese financiers is fast coming to an end as some of the industry’s biggest companies impose strict new limits to comply with President Xi Jinping’s “common prosperity” campaign.Most Read from BloombergSupreme Court Poised to Allow Emergency Abortions in IdahoYouTuber Dr Disrespect Was Allegedly Kicked Off Twitch for Messaging MinorBolivia’s President Arce Swears in New Army Chief After Coup BidFedEx Stokes Investors With Hint of a Freight DealVolksw
Huawei Technologies has emerged as the big winner in China's smartphone market for the recently-concluded midyear 618 shopping festival with the biggest jump in sales and the smallest discounts, according to the latest data from Counterpoint Research. Huawei sales jumped 42.4 per cent during the one-month 618 sales period that started May 20, according to Counterpoint, which attributed the rise to continued strong demand for the company's latest handsets, including those from the Mate 60 and Pur
A group of eight migrant workers from Mexico has been awarded a total of more than $23,000 in lost compensation from a seafood company based in southwest Nova Scotia.In a decision from the Nova Scotia Labour Board released on June 14, chair Jasmine Walsh ordered Lower Wedgeport-based Ocean Pride Fisheries Ltd. to compensate the workers for deductions from their wages, missing hours, and pay that should have been provided in lieu of notice of termination.The workers first filed complaints in Sept
(Bloomberg) -- Peru and a Chinese state-owned company resolved a dispute over the business model of a massive $1.3 billion port ahead of a meeting between the presidents of both countries this week. Most Read from BloombergYouTuber Dr Disrespect Was Allegedly Kicked Off Twitch for Messaging MinorNvidia Rout Takes Breather as Traders Scour Charts for SupportTrump Could Actually Lose Florida. Here’s Why.Rivian Gets $5 Billion Lifeline in Joint Venture With VolkswagenJulian Assange Leaves Court ‘Fr
A B.C. man who frequently purchases B.C. Parks campsite reservations online has filed a proposed class-action lawsuit against B.C. Parks, claiming the way the online reservation process works is a violation of the federal Competition Act.Danny Kindred, whose notice of civil claim was filed in B.C. Supreme Court on Friday, says that because B.C. Parks adds a $6 reservation fee during the last step in the checkout process, rather than advertising the true cost to reserve a campsite, it's in violat
Did you know that 46% of retirees have no plan if their retirement savings run out? How about that 79% of Americans agree that there is a retirement savings crisis? With prices rising across the...
A group of homeowners in Cuyahoga County filed a class action lawsuit seeking to recovery equity they say was stolen by the county government.
There's a stark difference when 32-year-old Olivia Polk compares her life to how her mom's looked at the same age.In terms of owning a home and a car, or having a family, "I don't have any of those things, and I don't imagine that I will any time soon," she said.Until recently, Polk worked for a Halifax organization that provides affordable housing, saw herself as middle class and made well above minimum wage.But despite sharing living expenses with her partner, she said they still live paychequ
The Anglophone East district education council is rejecting a new attempt by Education Minister Bill Hogan to get his hands on financial records and documents about its hiring of lawyers to fight changes to Policy 713.In a letter Monday, the council argued that the information is protected by solicitor-client privilege."All of the documents … are confidential communications between a client and its solicitor for the purpose of getting legal advice or representation," one of the council's lawyers
Hong Kong possesses unique competitive advantages to develop decentralised finance (DeFi) and the metaverse as these blockchain technologies continue to evolve, according to two surveys by a government-backed body. The city's advantages, based on surveys on DeFi and the metaverse with financial institutions, include a well-defined legal and regulatory framework, business-friendly environment, robust financial infrastructure and network, and highly skilled talent. The emerging DeFi and metaverse
PARIS (Reuters) -Engine maker CFM's wariness to ramp up supplies significantly to Airbus at a time of stress for its other key customer Boeing was likely one factor in Airbus' move to delay planned jet output increases, industry sources said on Tuesday. On Monday, Airbus delayed a multi-year hike in narrowbody production, cut profit forecasts and trimmed its 2024 delivery target, blaming shortages of engines and other parts and sending shares in Europe's largest aerospace group tumbling on Tuesday. CFM, a transatlantic venture of GE Aerospace and France's Safran, makes LEAP engines that power all Boeing 737 MAX jets and typically just over half of the competing Airbus A320neo family, where they compete with the Geared Turbofan of RTX subsidiary Pratt & Whitney.
ROME (AP) — The Vatican went on trial in a London court Wednesday, as a British financier sought to recover from the harm he said he suffered to his reputation as a result of a Vatican investigation into its 350 million euro (around $375 million) investment in a London property.
For the second time in just over a week, travel plans for thousands of Canadians are in jeopardy. With contract talks stalled, WestJet's unionized mechanics have again issued a 72-hour strike notice -- which puts them in a legal strike position early Friday morning. As Andrea Macpherson reports, the airline has responded by saying it will "lock out" those workers.
(Reuters) -German engineering group Robert Bosch is weighing a bid for U.S. appliances manufacturer Whirlpool, according to three people familiar with the matter, a move that would boost its position in the household appliances market. Bosch has been talking to potential advisers about the possibility of making an offer for Whirlpool, which has a market capitalisation of about $4.8 billion, one of the sources said. Spokespeople for Bosch and Whirlpool said the companies do not comment on "market rumours".
One of the architects of the Post Office Horizon accounting system has admitted there were "discreet" bugs but it generally "worked well", dismissing suggestions he had knowledge of widespread flaws.