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"This is nonsense": LuLaRoe CEO fires back at $49 million supplier lawsuit, saying he has no plans to "jump ship"

LuLaRoe LuLaRoe CEO Mark Stidham fired back at a supplier’s $49 million lawsuit against the multi-level marketing company, saying some of the suit’s supporting testimonies are “paten.....»»

Category: topSource: businessinsiderDec 7th, 2018

Raleigh developer fires back in suit over Durham project

The back-and-forth has begun in a lawsuit over plans for a mixed-use development in Durham – one that’s ensnared a pair of companies apparently connected to developer Craig Davis......»»

Category: topSource: bizjournalsJun 10th, 2019

Gibson fires back at $50 million lawsuit

Nashville-based Gibson Brands Inc., the iconic guitar-maker that's been working to overcome financial struggles, has fired back at a German company over a $50 million lawsuit. In statement issued Thursday morning, Gibson called Tronical GmbH's suit.....»»

Category: topSource: bizjournalsApr 26th, 2018

Innolux launches share buyback plan

Flat panel maker Innolux plans to buy back up to 80 million of its common shares from the stock market in the next two months as a means to shore up its share prices, according to a company announcement......»»

Category: topSource: digitimesJul 16th, 2019

Tesla Sued By Supplier For Not Paying Its $1.77 Million Bill

Just days after Elon Musk postured as if Tesla didn’t really need the cash that it was raising, a new lawsuit has been filed against the company, by a French metal supplier, alleging that Tesla owes them $1.77 million. The suit was filed in.....»»

Category: blogSource: zerohedgeMay 30th, 2019

Stylist fires back in legal fight with Kentucky Derby Festival

Derby time is over, but a dispute about Kentucky Derby Festival pins is very much ongoing. Stylist André Wilson, president and CEO of Louisville-based Style Icon Group LLC, on Thursday answered a copyright lawsuit that was filed against him by the .....»»

Category: topSource: bizjournalsMay 24th, 2019

Royal Caribbean to renovate ship"s restaurants, water slide in $165M revamp

Royal Caribbean International (NYSE: RCL) on Tuesday announced plans for what it calls its largest amplification yet of one of its cruise ships. The Miami-based cruise line company will spend $165 million to modernize the Oasis of the Seas in cel.....»»

Category: topSource: bizjournalsMay 22nd, 2019

Woodstock 50 plans roll on; court nixes cancellation bid

The Woodstock 50 festival is back on after a court on Wednesday rebuffed an ex-investor's effort to cancel the anniversary extravaganza — but organizers will have to do without some $18 million, at least for now......»»

Category: topSource: foxnewsMay 15th, 2019

Chief executive of China"s JD.com back in spotlight over civil suit accusation of rape

The personal life of JD.com chief Richard Liu returned to the spotlight of China's social media on Wednesday, drawing 360 million views to briefly become the top trending item on the Twitter-like Weibo, after a civil lawsuit accused him of rape......»»

Category: topSource: reutersApr 17th, 2019

Sutter Health will pay $30 million to settle overcharging lawsuit

Sutter Health has agreed to a $30 million settlement to resolve allegations that it up-charged Medicare patient bills, the U.S. Department of Justice said Friday. The overcharging scheme saw health plans and providers "upcode" for services they prov.....»»

Category: topSource: bizjournalsApr 12th, 2019

Covenant Transport Solutions Officially Opens New Brokerage Floor

Covenant Transport Group (NASDAQ: CVTI) plans to become a $1.5 billion revenue company – up from $885 million in 2018 – largely on the back of explosive growth in its revamped brokerage division, Covenant Transport Solutions. read more.....»»

Category: blogSource: benzingaApr 4th, 2019

Pokémon GO Fest Returns to Chicago This July

Last year's event ended in a class-action lawsuit. After a disastrous inaugural event last year in Chicago, Niantic has announced plans to bring Pok?mon GO Fest back to the city this summer July 14 and 15, this time at Lincoln Par.....»»

Category: europeSource: fortuneMay 7th, 2018

Jubilant FoodWorks hits new high on good Q4 results; 1:1 bonus

The stock hit new high of Rs 2,668, up 2% on the BSE, bouncing back 5% from its intra-day low after the company reported more than 10-fold jump in net profit at Rs 681 million in Q4FY18......»»

Category: topSource: business-standardMay 8th, 2018

Charlotte mortgage company jumps Carolinas border with the promise of 1,100 jobs for Fort Mill

A Charlotte mortgage service company will jump the Carolinas border to Fort Mill with plans to eventually grow to 1,100 jobs. In the process, RoundPoint Mortgage Servicing Corp. will build a $34 million headquarters and will kick off development of.....»»

Category: topSource: bizjournalsMay 22nd, 2018

Earnings Results: Uber posts 55% jump in first-quarter sales, plans to double down on growth

After releasing massive sales gains in its first-quarter results late Wednesday, Uber Technologies Inc. plans invest the better-than-expected gains back into the business and push even harder......»»

Category: topSource: marketwatchMay 23rd, 2018

Oppo to unveil Find X in Paris

China-based smartphone vendor Oppo has announced that it plans to unveil its next-generation flagship model, the Oppo Find X, in Paris on June 19 as it aims to ship over 100 million smartphones in 2018......»»

Category: topSource: digitimesJun 6th, 2018

Altaba"s stock surges toward 18-year high after plans to buy back up to 195 million shares

Shares of Altaba Inc. , formerly known as Yahoo, climbed 1.5% in premarket trade .....»»

Category: topSource: marketwatchJun 7th, 2018

Altaba’s offer to buy back stock includes selling about 100 million Alibaba shares

Altaba shares fell Thursday, reversing earlier gains that had them heading to an 18-year high, after the company formerly known as Yahoo said it commenced tender offer to buy 195 million of its shares, and plans to sell about 100 million Alibaba shares......»»

Category: topSource: marketwatchJun 7th, 2018

Apple plans to make 20 percent fewer new model iPhones this year: Nikkei

(Reuters) - Apple Inc expects to ship 80 million new model iPhones this year, down 20 percent from what it had planned at the same time last year, the Nikkei reported on Friday, citing industry sources......»»

Category: topSource: reutersJun 8th, 2018

W.W. Grainger shares jump 4% premarket after earnings beat

W.W. Grainger Inc. shares rose 4.3% in premarket trade Wednesday, after the supplier of maintenance and repair products swept past estimates for the second quarter. Chicago-based Grainger said it had net income of $236.9 million, or $.....»»

Category: topSource: marketwatchJul 18th, 2018

St. Catherine University leaving Minneapolis campus to consolidate space

St. Catherine University plans to vacate its Minneapolis location and shrink back to its St. Paul campus by June 2020. Under the $10 million plan, the private university would close its two connected Minneapolis buildings, the Old Main and the Educatio.....»»

Category: topSource: bizjournalsJul 23rd, 2018