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.
Tesla relied on cheap foreign labor to build a hi-tech paint shop in California, paying workers as little as $5 an hour, according to a damning report that prompted CEO Elon Musk to launch an investigation.
Warren Buffett’s Berkshire Hathaway has bought $1bn worth of Apple shares in a bet that the iPhone-maker will bounce back from a recent slump.