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Dean Foods’ Davis said he threw phone in creek to hinder FBI
May 22, 2016 by publisher · Leave a Comment
By Nate Raymond NEW YORK (Reuters) – Dean Foods Co's former chairman Thomas Davis said he threw his cellphone into a Dallas creek to hide his role in an insider-trading scheme after FBI …
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Dean Foods’ Davis said he threw phone in creek to hinder FBI
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U.S., Japan disagreement on yen moves overshadows G7 meeting
May 22, 2016 by publisher · Leave a Comment
By Leika Kihara and Tetsushi Kajimoto SENDAI, Japan (Reuters) – The United States issued a fresh warning to Japan against intervening in currency markets on Saturday as the two countries' differences over foreign exchange overshadowed a Group of 7 finance leaders' gathering in the Asian nation. Japan and the United States are at logger-heads over currency policy with Washington…
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U.S., Japan disagreement on yen moves overshadows G7 meeting
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How old-school factories stay alive in China’s south
May 22, 2016 by publisher · Leave a Comment
Squeezed by high costs and unpredictable demand, some factories in southern China's manufacturing heartland are turning to a new strategy to survive: hiring workers by the day. It is a far cry from Beijing's vision of a slick, hi-tech manufacturing future of computers and chip makers: on a warm morning in the southern town of Shiling, dozens of workers gather on a city street to haggle for a day of work making bags for $20 …
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How old-school factories stay alive in China’s south
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Creditors of Puerto Rico government bank revive lawsuit over debt moratorium
May 22, 2016 by creative · Leave a Comment
By Nick Brown SAN JUAN (Reuters) – Hedge funds who own debt at Puerto Rico's Government Development Bank are accusing the bank and the island's governor of giving preferential treatment to local creditors under a law designed to restructure GDB's debt, signaling a breakdown in a tentative restructuring deal the sides reached earlier this month. A bondholder group that includes hedge funds Brigade, Claren Road and Fir Tree updated an existing lawsuit against the bank and Governor Alejandro Garcia Padilla late Friday…
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Creditors of Puerto Rico government bank revive lawsuit over debt moratorium