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Enjoy Technology, led by ex-Apple and JC Penney executive Johnson, files bankruptcy
June 30 (Reuters) – Enjoy Technology Inc (ENJY.O), a Silicon Valley retailer led by former Apple Inc (AAPL.O) and JC Penney Co executive Ron Johnson, filed for bankruptcy protection on Thursday, fewer than nine months after going public through a special-purpose acquisition company (SPAC). The Palo Alto, California-based startup said it plans to sell its …
Rivian spares preorders from price hike to fix ‘painful’ mistake
March 3 (Reuters) – Rivian Automotive Inc (RIVN.O) has rolled back price hikes on electric vehicles booked before March 1 after facing backlash from customers following a 20% increase in prices. Preorders as of March 1 will not be subject to the new prices, and customers who canceled orders can reinstate them with the original …
Former Ghosn deputy set for U.S. return after suspended sentence
Greg Kelly, former executive of Nissan Motor Co., walks in to the Tokyo District Court, in Tokyo, Japan, March 3, 2022. Zhang Xiaoyu/Pool via REUTERS Register now for FREE unlimited access to Reuters.com Register TOKYO, March 3 (Reuters) – A Tokyo court on Thursday handed former Nissan Motor executive Greg Kelly a six-month suspended sentence …