Former Hertz CEO Settles SEC Charges

The former main government officer of Hertz, Mark Frissora, has agreed to fork out $two.eighteen million to settle prices from the U.S. Securities and Exchange Fee that he aided and abetted the company’s filing of inaccurate money statements and disclosures. Mark Frissora In a statement, the SEC explained Frissora pressured […]

Chaparral Energy Files for Bankruptcy

Chaparral Vitality has filed for Chapter eleven defense in U.S. Bankruptcy Court docket in Delaware, 3 months just after warning that a fall in commodity price ranges threatened its capability to keep on being in business enterprise. “While we have taken very carefully calculated and decisive motion to address the […]

Japan’s GDP Falls by Record 27.8% in Q2

Japan’s economic system endured its worst quarter on report as the country reeled from the strike to buyer expending caused by the coronavirus pandemic. The Japanese government mentioned Monday that the world’s 3rd-biggest economic system contracted by seven.eight% in the second quarter, translating to an annualized charge of drop of […]