Australia lifts PwC ban after Treasury scandal
The Australian Labor government has reversed its ban on PwC after the firm addressed misconduct linked to a Treasury scandal. Read the latest developments.
Category : Search result: corporate distress
Texas Roadhouse CEO's Trump donation sparks DEI backlash
Texas Roadhouse CEO Kent Taylor sparks outrage by donating $1 million to a pro-Trump legal fund while the company promotes DEI initiatives. Critics call it hypocrisy.
Trump suggests Sony move Tokyo HQ to US
Former US President Donald Trump suggests Sony relocate its Tokyo headquarters to the US, citing economic benefits. Read the full story.
MUBI investors backlash over Israeli military links
Popular streaming platform MUBI is under scrutiny as investors raise concerns over its connections to the Israeli military. Discover the controversy and its implications.
AT&T staff told: Return to office or face consequences
A top Wall Street executive has demanded AT&T employees return to the office full-time, warning of repercussions for those who refuse. The move signals a broader push to end remote work flexibility.
Glencore keeps London listing, rejects US move
Glencore, the global mining powerhouse, has decided against relocating its primary stock market listing from London to the US, reaffirming its commitment to the UK financial hub.
American industry faces bankruptcy crisis
Iconic American companies are battling a wave of bankruptcies as consumer demand collapses, forcing urgent restructuring across key sectors.
Toyota memo on 'short skirt' sparks outrage
A Toyota Australia staff member was left mortified after an internal memo criticising a female colleague's 'short skirt' at a club event went viral, sparking backlash over workplace sexism.
CEO resigns after Cincinnati brawl scandal
A high-profile CEO has resigned following widespread backlash over his involvement in a violent altercation in Cincinnati, citing an inability to lead effectively.
Target boycott over Pride Month merchandise sparks debate
Retail giant Target is under fire as customers launch a boycott following controversy over its Pride Month merchandise, sparking debates on corporate inclusivity.
McDonald's UK cuts Children in Need donations
New financial accounts reveal McDonald's UK significantly reduced its contributions to Children in Need last year, raising questions about corporate social responsibility.
Tesla gives Musk $30bn share award
Elon Musk secures a colossal $30bn share package from Tesla's board, marking one of the largest executive payouts in corporate history.
Shell fined $1.1bn for Brazil oil spill
Shell's shares dip as Brazil demands $1.1bn for Caspian Sea oil spill damages, reigniting environmental accountability debates.
Court voids Elon Musk's $56B Tesla pay package
Tesla CEO Elon Musk is embroiled in a high-stakes legal dispute after a Delaware judge voided his $56 billion compensation package, calling it 'unfair' to shareholders.
Adani: 'I Told You So' Moment as Warnings Prove Right
Recent developments in the Adani saga confirm long-standing environmental concerns, sparking debates on corporate accountability and sustainable energy.
Tesla Whistleblower Exposes Elon Musk's Corporate Secrets
A former Tesla employee reveals the personal and professional toll of speaking out against Elon Musk's corporate practices. Discover the inside story of corporate whistleblowing in the tech industry.
Yorkshire Water boss in offshore pay row
The CEO of Yorkshire Water faces backlash as millions paid to offshore parent company while customers struggle with soaring bills.
Adani's Australian mine paid zero tax on $5bn exports
Despite exporting billions in coal, Adani's Carmichael mine in Australia has paid no corporate tax, raising questions about tax avoidance and environmental costs.
Labour MPs slam Thames Water exec bonuses amid crisis
Labour MPs demand action as Thames Water executives receive hefty bonuses despite company's financial turmoil and service failures.
Bailiffs chase wrong woman over council tax error
A woman is battling to clear her name after bailiffs threatened her over unpaid council tax – for a property she's never even lived in. The shocking error has left her fearing for her credit score and reputation.
Surrey Police apologises for wrongful family accusation
Surrey Police has issued an apology after mistakenly accusing a family of involvement in a crime that occurred in Devon, causing distress and confusion.
Shell profits spark protests amid cost-of-living crisis
Shell reports record profits, sparking outrage as protesters demand windfall taxes. Meanwhile, Rolls-Royce and Unilever post strong earnings, and the US Federal Reserve signals new tariffs under Trump.
Meta's 'Cannoli Boss' Zufi Abdul: Scandal and Exit
Zufi Abdul, the former Meta executive known as the 'Cannoli Boss', has sparked headlines with her dramatic exit. Discover the inside story of her tenure and the scandals that led to her downfall.
Panasonic moves global HQ from Osaka to Tokyo
Japanese tech giant Panasonic relocates its global headquarters to Tokyo, marking a pivotal shift in corporate strategy and international operations.
Amazon tax riots spark community outrage across UK
Local communities erupt in protest as Amazon's tax practices overshadow small businesses, with pubs and shops calling for urgent reform.
Southport riots erupt over Amazon tax avoidance claims
Violent protests break out in Southport as residents accuse Amazon of dodging taxes while local businesses struggle.
Adani's 1% tax scandal rocks Australian mining sector
Adani's Australian operations, including the controversial Carmichael coal mine, have reportedly paid minimal corporate tax, raising questions about tax avoidance and environmental impact.
UK business distress hits 20-year high amid tax hikes
A record number of UK companies are facing financial distress as rising taxes and economic pressures push firms to the edge, warns Begbies Traynor.
Chevron's Barrow Island exit: State capture in action?
Chevron's decision to wind down oil production on Barrow Island raises concerns about corporate influence over environmental policy. Is this a case of state capture in action?
Trump’s DEI Attack Reveals Corporate Timidity
Donald Trump’s latest attack on Diversity, Equity, and Inclusion (DEI) initiatives reveals corporate timidity, while global firms remain silent on Gaza. A damning indictment of profit over principle.
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