Experian, one of the largest credit agency data brokers in the world, has been hacked. Some 15 million people who used the company’s services, among them customers of cellular company T-Mobile who had applied for Experian credit checks, may have had their private information exposed, the company confirmed on Thursday.
Toshiba Corp may lay off staff in its underperforming home appliances, TV and PC businesses and seek partnerships for its nuclear operations to overhaul the company after a $1.3 billion accounting scandal, its chief executive said on Thursday.
The crisis enveloping Volkswagen has intensified as German prosecutors opened an investigation of the former boss of the world’s biggest carmaker, Martin Winterkorn, over the emissions scandal.
Dan Graham never expected he’d be looking for real estate to house a business other than his own.
SSI Steel has announced it will close its iron and steel making plant at Redcar on Teesside indefinitely with the loss of 1,700 jobs.
Volkswagen has blamed the emissions scandal at the car maker on a “small group” of people and suspended staff as it unveiled Matthias Müller as its new chief executive.
The former chief executive of Volkswagen, Martin Winterkorn, will net a €1m (£740,000) annual pension from a €28.5m pot held with the disgraced carmaker, and could be in line for a €3.2m payoff after quitting on Wednesday.
Tesco has scrapped 24-hour opening at two large stores, and other shops with low numbers of nightime shoppers may soon follow suit in an attempt to cut costs.
The day after the Queen celebrated her 90th birthday, the Obamas came for lunch. Prince Philip, almost five years older than his wife, got behind the wheel of a Range Rover to drive the president and his wife Michelle to the door of Windsor Castle.
The widening discrepancy between shopfloor wages and soaring boardroom pay is rising up the agenda of major investors and could spark calls for companies to provide more detail about their pay ratios, according to one of the largest fund management groups in the City.
Volkswagen has slumped to its first annual loss in more than 20 years after setting aside €16.2bn (£12.6bn) to cover the cost of its diesel emissions scandal.