Nissan is closing its historic Oppama factory in Japan by 2028. Discover why this iconic plant, once home to the Leaf EV, is being shuttered in a major cost-cutting move.

The facility's 2,400 workers will remain in their current roles until the plant closes in 2028, with the company vowing to maintain communication with employees in the months to come.

The carmaker has been looking for solid financing and new business partners after it lost a lifeline with the collapse of its ...

TOKYO -- Japanese automotive supplier Marelli Holdings' skid into bankruptcy -- its second in three years -- shows the risks ...

The Southfield-based aluminum wheel manufacturer will be acquired by an investor group led by Oaktree Capital Management in a ...

Bankruptcy professionals are keeping a close eye on tariffs, the trade war with China, unrest in the Middle East, and high ...

The Associated Press Del Monte Foods, the 139-year-old company best known for its canned fruits and vegetables, is filing for bankruptcy protection as U.S. consumers increasingly bypass its ...

Del Monte Foods files for Chapter 11 bankruptcy. Discover the implications for the community in pain and the food industry.

Portland, Maine, U.S.A.-based lobster processing company Cozy Harbor Seafood has filed for Chapter 11 bankruptcy, citing post-Covid price instability and uncertain tariff threats as obstacles to ...

The Chapter 11 bankruptcy declaration and lawsuit come just over a year after the joint cable venture’s official launch. Phil McGraw, known as Dr. Phil, launched the cable network despite the ...

Canned fruits and vegetables producer Del Monte has filed for bankruptcy and is seeking a buyer, the company announced on Monday.