Brazilian airline Azul SA won US court permission to exit bankruptcy and implement a creditor-backed restructuring that trims ...

A U.S. bankruptcy judge on Friday approved Azul's debt restructuring, allowing the Brazilian airline to slash more than $2 ...

Michelin , Forvia and Stellantis reached an agreement over the restructuring and refinancing of hydrogen fuel cell firm ...

Nissan will cut jobs at its European regional office in Montigny, France, under CEO Ivan Espinosa’s global restructuring plan. According to a Reuters report, the Japanese automaker will cut 87 jobs as ...

Continental is targeting annual cost savings of $172.73m from 2028. Credit: multitel/Shutterstock.com. Continental is preparing another round of restructuring measures at its ContiTech rubber and ...

Nokia Oyj (NYSE: NOK) is reshaping its long-term strategy to align with the rapid shift toward AI-driven networks and next-generation connectivity. The company stated that the move is necessary as ...

At Montclair State University in New Jersey, a departmental restructuring plan is igniting concerns about the future of the humanities. By Sharon Otterman It began, the professors said, last November, ...

HP Announces Up to 6,000 Layoffs in Massive AI Restructuring Plan Your email has been sent HP will cut up to 6,000 jobs by 2028 as it doubles down on AI, betting automation and AI PCs can boost ...

DETROIT – Archbishop Edward J. Weisenburger announced a significant two-year renewal process for the Archdiocese of Detroit, addressing challenges faced by the Catholic community in southeast Michigan ...

Paula Wethington is a digital producer at CBS Detroit. She previously held digital content roles at NEWSnet, Gannett/USA Today network and The Monroe News in Michigan. She is a graduate of the ...

The measure could affect staff based both in Milan and San Giovanni in Marignano, the town in Italy's Emilia-Romagna region ...

The Archdiocese of Detroit announced plans for a two-year restructuring process that will likely lead to the closing of some churches and a major reassignment of priests in southeastern Michigan. In a ...