Sentences with phrase «companies after scandals»
The NYC Department of Education is still paying a shady Long Island tech firm, Custom Computer Specialists — even though it was advised to avoid the company after a scandal that sent a consultant to prison.
http://www.nystateofpolitics.com/ Not exact matches
The company will begin bankruptcy proceedings, it said, after losing clients and facing mounting legal fees resulting from the scandal over reports the company harvested personal data about millions of Facebook users beginning in 2014.
After news broke in November 2006 that Siemens had been involved in a global corruption scandal, involving thousands of acts of bribery in several different countries by hundreds of employees, the company had its work cut out for it in complying with securities investigations, and paying hefty fines (about $ 2.5 billion in total).
After allegations of phone hacking, fraud and general nastiness surfaced at its highly - profitable News of the World newspaper, the company decided that the best way to starve the scandal of oxygen was to shutter the 168 - year - old muckraking juggernaut.
After witnessing a 95 % decline in the pharmaceutical company's share price amid a series of scandals, Valeant's board, led by former shareholder and hedge fund manager Bill Ackman, smartly tied Papa's compensation to a recovery in the stock price.
Suggestions so far include Tesla (Elon Musk was an early investor, not the founder), Zenefits (after the David Sacks clean - up, Jay Fulcher has continued on the road stability), Lending Club (the company's stock isn't doing much, but it managed to survive its governance scandal), and Etsy (despite its current activist investor trouble, the company thrived and went public under replacement Chad Dickerson).
After the car companies met with the government at the start of this month, the CEOs of Volkswagen, Daimler and BMW conceded responsibility for the diesel scandal and promised to pay for software upgrades to reduce emissions from affected vehicles.
FRANKFURT, Germany — Volkswagen's new CEO, Herbert Diess, has vowed to build a more ethical culture after the company's diesel emissions scandal and outlined a new structure aimed at streamlining decision - making at the sprawling company.
FRANKFURT, Germany (AP)-- Volkswagen's new CEO, Herbert Diess, has vowed to build a more ethical culture after the company's diesel emissions scandal and outlined a new structure aimed at streamlining decision - making at the sprawling company.
Volkswagen AG CEO Martin Winterkorn is set to be grilled by the executive committee of the company's board as the fallout from its emissions cheating scandal spreads.Winterkorn issued a video apology Tuesday, after the company admitted that 11 million vehicles worldwide run software that cheat local emissions tests.
Morgan Stanley cuts its price target on Facebook shares to $ 200 from $ 230, citing concerns about the social media company's ad sales after its data scandal.
Temasek Holdings called on firms it has stakes in not to cross «red line» after a bribery scandal at portfolio company, Keppel Corporation.
The leak led to a series of high - profile scandals, including the resignation of the Prime Minister of Iceland after it was alleged he had hidden millions of dollars - worth of investments in an offshore shell company.
Indeed, when I wrote my 2003 book, Value Leadership, after the Enron and WorldCom scandals, I was thinking about how important it is for a business to act based on values that make employees, customers, and communities better off — which ultimately benefits a company's investors.
The California - based finance company has struggled to maintain steady gains after its major fake accounts scandal broke back in 2016.
Contreras - Sweet, who served as head of the Small Business Administration under President Barack Obama, first made an offer for the studio in November, after a sex - harassment scandal forced co-founder Harvey Weinstein from the company.
James Murdoch, the son of billionaire media mogul Rupert, is to return as the chairman of the U.K.'s biggest pay - TV company Sky Plc (skyay), four years after a phone - hacking scandal forced him out, regaining his grip on a group that now spans five European countries and is growing strongly.
Kalanick resigned as CEO in late July, after a number of scandals blew up around the company, but still sits on Uber's board.
Greenberg is forced out after a 2005 accounting scandal, and the company, distracted by a full regulatory assault by then — New York attorney general Eliot Spitzer, allows its risk management to fail all but completely.
The Facebook CEO has come out of hiding after the Cambridge Analytica scandal shaved tens of billions of dollars from his company's market cap and sent countless users to delete their profiles.
Uber, which is working to vindicate itself under new CEO Dara Khosrowshahi following a string of scandals, faced a setback after it was revealed by Bloomberg in a Nov. 21 report that the company was a victim of a hacking incident in October 2016 — and chose to cover it up by paying $ 100,000...
Wells Fargo asked a Federal District Court to block a class - action suit after its false account scandal, a common practice for companies.
The company has been buffeted by one scandal after another in 2017, from alleged sexual harassment to software designed to evade law enforcement, now the subject of a federal probe.
SAN FRANCISCO — In another sign of the turmoil sweeping Uber, the company's president of ride sharing has quit after less than a year on the job, following a string of scandals at the startup and CEO Travis Kalanick's promise to hire a new second - in - command.
While the leadership has changed — Dara Khosrowshahi replaced Uber's co-founder Travis Kalanick as chief executive last August after a series of scandals — the company itself has not evolved.
The #DeleteFacebook movement is gaining steam in social media, as Facebook finds itself in a massive scandal after political consulting company Cambridge Analytica acquired personal data from the platform.
This lawsuit comes as the ride - hail company is working to revamp its image after a tumultuous year fraught with public scandals.
NBCU tackles Facebook NBC Universal CEO Steve Burke opened the company's fourth annual Innovation Day berating Facebook after the Cambridge Analytica scandal: «They have a very serious problem.»
The ride - hail company has recently seen a parade of executives leave the company — either after being fired or resigning — and has suffered through a series of public scandals, the most recent of which involved an executive obtaining the medical records of a rape victim in India.
The Cambridge Analytica scandal comes after last year's disclosures that a Russian company bought ads and placed false news stories on Facebook in an effort to sow dissension among U.S. voters.
Shares in Japan's scandal - racked Snow Brand Milk Products soared in Tuesday trade after a weekend report that the company might form an alliance with three domestic dairy operators.
The scandal hit headlines last September, when a senior official in the Hellenic competition authority was charged with blackmail after allegedly demanding about $ 2.5 m from a company under investigation.
The toughening of Chinese regulations stems originally from a series of health scandals in China involving Chinese companies cutting corners in their production, the worst of which was in 2008 when six babies died and 300,000 were seriously ill after drinking formula contaminated with the toxic industrial chemical melamine.
The Minority in Parliament says the President has demonstrated double standards after he appeared to be cozying up with a businessman Joseph Siaw Agyepong whose companies have been linked to several corruption scandals.
He said it was important for the sport that FIFA's image improved after it was battered by a corruption scandal that has seen 40 individuals and two sports marketing companies indicted in the U.S.
After the release of a list with the names of hundreds of politicians who have received campaign donations made by the construction company Odebrecht, a corporation largely implicated in the corruption scandal of Petrobras, it became even more evident that the main political actors have much to explain.
He resigned from the company in July 2011 after the scandal of phone - hacking was revealed by the Guardian.
12:19 - After a question about Northern Ireland from crooning MP William McCrea, Lib Dem Alan Reid squawks out a question about oil companies and the price - fixing scandal just beginning to emerge.
Two settlements came after the network's former chairman, Roger Ailes, was dismissed last summer in the wake of a sexual harassment scandal, when the company said it did not tolerate behavior that «disrespects women or contributes to an uncomfortable work environment.»
The publishing company was planning to invite Mandelson, one of Tony Blair's closest aides and a former cabinet minister, to help prepare its beleaguered chief executive for her parliamentary appearance nine days after the tabloid was closed in the wake of the phone - hacking scandal.
Spitzer's been doing a lot of this since resigning as governor after a prostitution scandal in 2008, at which point he sought refuge from his political misfortunes in his father's real estate company.
Hinton, who after 52 years at the company is seen as a key Murdoch henchman, faces tough questions over whether he saw the report before he testified to a parliamentary committee that the phone hacking scandal was carried out by a «single rogue reporter».
Uber co-founder Travis Kalanick, pictured here at a Vanity Fair summit in October 2016, resigned abruptly this week as the company's CEO after weeks of scandals about workplace culture.
June 28, 2016 • NPR's Robert Siegel talks to Matt Welch, a Volkswagen dealer in Auburn, Washington, after the company announced a settlement related to its emissions scandal.
Well - intentioned but outraged in only a general sort of way, The Whistleblower tells the story of how the United Nations, the United States State Department, and a private military company (The name of the real - life counterpart has been changed in this telling) worked in tandem with different motivations (survival, to avoid blowback, and to maintain a profitable contract) in an attempt to hush up a sex trafficking scandal in Bosnia - Herzegovina in the years after the Bosnian War.
Some charters are run by for - profit companies and have little oversight, resulting in scandal after scandal that has resulted in charges against some charter operators.
It would be remiss not to note that Porsche's announcement comes not long after parent company Volkswagen's scandal over diesel emissions.
The company desperately needs some buzz to try to regain momentum after the disastrous diesel emissions scandal upended both its product plans and consumer confidence around the world.
WOLFSBURG, Germany / SAN FRANCISCO (Reuters)- Volkswagen will no longer offer diesel vehicles in the United States, its global brand chief said on Tuesday, ending speculation the company might return to the technology after its emissions scandal fades from memory.
The Japanese automaker has been seeking to restore confidence after a series of scandals more than a decade ago led the carmaker to seek multiple bailouts from Mitsubishi group companies.