Patrick James started out buying small Ohio factories and ended atop a messy conglomerate with piles of hidden debt.
Major auto parts maker First Brands Group, LLC. filed for bankruptcy protection over the weekend — revealing billions of mounting debt in the process. The auto parts manufacturing company filed for ...
The India Meteorological Department (IMD) on Sunday issued a ‘red alert’, warning of extremely heavy rainfall in Thane, Palghar, Mumbai and Raigad districts. Officials said Thane and Palghar districts ...
As Tropical Storm Imelda pulls north and consolidates Monday, a tropical storm watch was canceled for parts of Florida on Sunday. Coastal Volusia and Brevard counties were under the storm watch.
The engineering giant is hoping the job cuts will save €2.5bn as Europe’s car market crisis stretches on. Bosch will cut around 13,000 extra jobs at its auto-parts business by 2030, representing about ...
Troubled automotive parts maker First Brands Group is preparing to file for bankruptcy as soon as next week and is looking to secure a loan of at least $1 billion to keep the business running while it ...
When a bank lends you money to buy a house or a car, it looks at your overall finances. How much money do you make? How much debt do you have? How good have you been at paying off past debts? It's ...
A disorganized tropical disturbance in the central Atlantic Ocean has become better organized and has developed into Tropical Storm Humberto. At the same time, another tropical disturbance — which is ...
Two recent fatal accidents involving Chinese-made air bag parts are renewing warnings from regulators over counterfeit components that can explode during a crash. The National Highway Traffic Safety ...
The Met Office has issued a yellow weather warning for the weekend. Two yellow rain warnings are in place for western Wales, eastern Northern Ireland, northern England and southern parts of Scotland.
WASHINGTON — The Army is expanding its use of additive manufacturing in the battlefield as the service is now allowing commanders to repair and send back out pieces of small 3D-printed equipment, ...
WASHINGTON, Sept 16 (Reuters) - The U.S. Commerce Department said Tuesday it will consider industry requests to impose tariffs on additional imported auto parts in the coming weeks on national ...
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