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Appaloosa calls for removal of SunEdison’s TerraForm execs

March 31, 2016 by · Leave a Comment 

Billionaire David Tepper's Appaloosa Management is seeking to overhaul TerraForm Power Inc's Conflicts Committee, claiming the company's controlling shareholder SunEdison Inc has breached its fiduciary duties. Appaloosa is calling for removal of Peter Blackmore, Jack Jenkins-Stark and Christopher Compton from

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Appaloosa calls for removal of SunEdison’s TerraForm execs

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Boeing plans to cut up to 8,000 airplane jobs: sources

March 31, 2016 by · Leave a Comment 

Boeing Co plans to cut up to 8,000 jobs this year at its commercial airplane division, according to two people familiar with the matter, a move that could slash $1 billion in costs and help it battle for sales against European rival Airbus. Boeing on Wednesday acknowledged plans to cut about 4,000 jobs in its commercial airplanes division by…

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Boeing plans to cut up to 8,000 airplane jobs: sources

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U.S. judge strikes down MetLife designation of ‘too big to fail’

March 31, 2016 by · Leave a Comment 

MetLife had argued in court that the Financial Stability Oversight Council (FSOC), made up of the heads of the country's financial regulatory agencies, used a secretive and flawed process when in 2014 it designated the …

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U.S. judge strikes down MetLife designation of ‘too big to fail’