Home Articles posted by Michelle D. Madsen (Page 11)
News Shares

Porsche SE Sued for Diesel Scandal

Volkswagen’s largest shareholder, Porsche SE, is being sued over the car manufacturing company’s diesel emissions.  The plaintiffs are undisclosed at the time of this article, but claim to be shareholders of Volkswagen AG. The lawsuit was revealed in the company’s half-year report. A similar suit in 2018 required testimony from various former Volkswagen executives.
Economy News

Japanese Bankruptcies at 50 Year Low

Japan is feeling the effects of a country hosting the Summer Olympics in the middle of a pandemic. Fortunately, their bankruptcy rate does not yet reflect this reality. This phenomenon can be accredited to the country’s loan and grant funding to businesses, which was rapidly increased during the pandemic. 2021 bankruptcies were down by 40% […]