- Cryptocurrency exchange Bittrex Inc filed for bankruptcy protection on Monday, three weeks after the U.S. Securities and Exchange Commission (SEC) accused it of operating an unregistered securities exchange.
- Volkswagen has appointed Bentley production chief Peter Bosch to lead its software subsidiary Cariad, dismissing all but one of the unit's current executive board members as the automaker tries to get the troubled division on track.
- Baxter International Inc said on Monday a private-equity group, which includes Warburg Pincus and Advent International, has agreed to buy its biopharma solutions unit for $4.25 billion.
- The New York Times is getting around $100 million
from Google over three years as part of a broad deal that allows
the Alphabet unit to feature Times content on some of
its platforms, according to people familiar with the matter.
- U.S. based tutoring firms Princeton Review and
Tutor.com say Primavera Capital Group, a Chinese private-equity
firm based in Hong Kong, has received regulatory approval to buy
the test-prep company and online tutoring platform, more than 15
months after the acquisition closed.
- U.S. President Joe Biden on Monday said his
administration is writing new rules that will require airlines
to compensate passengers with cash for significant flight delays
or cancellations when the carriers are responsible.
(Compiled by Bengaluru newsroom)
