Recently executed corporate actions and transactions including full payment to Bank of America have eliminated legal risk and strengthened the balance sheet. American Rebel builds on strategic relationship with Streeterville Capital — completing multiple transactions since June 2025, including the purchase of $2 million in Damon Inc. notes – Damon Inc. is redefining the electric motorcycle space with a dual focus on hardware innovation and AI-driven rider intelligence, positioning itself as a standout in th ...

Key Takeaways Citigroup agreed to sell a 25% stake in Banamex to Fernando Chico Pardo and his family.The sale supports Citigroup's exit from consumer banking in Mexico while focusing on institutional growth.Completion of the deal is expected in the second half of 2026, subject to regulatory approvals in Mexico.Citigroup Inc. (C) has taken a decisive step in its global restructuring efforts, announcing an agreement with a company wholly owned by Mexican business leader Fernando Chico Pardo and his family to ...

: Starbucks is taking what CEO Brian Niccol calls “significant action” to try to turn around its struggling business, announcing a new wave of store closures and corporate layoffs.Starbucks Reveals Hundreds of Store Closures in SeptemberThe coffee chain said on Thursday it will close hundreds of cafés this month, roughly 1% of its locations, as per a report. Starbucks had 18,734 North American stores at the end of June and expects to finish September with 18,300, according to a CNN report. The restructurin ...

Starbucks Corp. on Thursday announced it will close stores and eliminate 900 positions as part of a $1 billion restructuring initiative aimed at revitalising the coffee chain under Chief Executive Off... ...

Starbucks said on Thursday it has approved a restructuring plan to close underperforming coffee houses in North America, and cut some jobs as the company looks to revive sales and profits under CEO Br... ...

Spirit Airlines said it will furlough about one-third of its flight attendants as the budget carrier struggles to survive its second bankruptcy in less than a year. About 1,800 of Spirit's roughly 5,200 flight attendants will be affected, with involuntary furloughs set to take effect on December 1."As part of our ongoing restructuring, we are taking steps to align staffing with our fleet size and expected flight volume," the airline said in a statement to Business Insider. "We recognize the impact of this ...

P&G said the cuts would include cutting back some product offerings and possibly even selling off brands . But in its July update, P&G only disclosed that included narrowing the variety of its feminine pads in Asia and trim some overseas product offerings for the company's Oral Care, Fabric Care and Grooming businesses.So far, P&G has disclosed the cuts will target “nonmanufacturing roles,” sparing workers in the company’s 99 factories worldwide, including 24 in the U.S. But the company said it will reduce ...

By Maggie Fick VIENNA (Reuters) -Wegovy maker Novo Nordisk (NVO) has cut a U.S. sales team focused on obesity and diabetes education for healthcare providers, according to two sources close to the company and LinkedIn posts reviewed by Reuters, an early sign of the drugmaker's push to cut costs and regain ground on rival Eli Lilly. The team, known internally as cardiometabolic educators, sat within Novo Nordisk's commercial division and included several hundred staff, sources said. The team was told last ...

San Diego, CA , Sept. 17, 2025 (GLOBE NEWSWIRE) -- HUMBL, Inc. (“HUMBL” or the “Company”) announced today the achievement of significant milestones in its corporate restructuring designed to eliminate existing liabilities and obligations, reduce potential future stockholder dilution, and improve long-term financial flexibility. The Company is pleased to announce that it has completed the following actions as part of a corporate clean-up and restructuring plan: Retired 8,904 shares of Series C Preferred Stoc ...

As announced previously on August 12, 2025, both the shareholders, and on August 18, 2025, the creditors, approved the draft restructuring plan of AUGA group, RAB, legal entity code 126264360 (hereinafter – the Company). Following the voting of the creditors and the shareholders for the Company’s proposed draft restructuring plan, it was submitted to the Vilnius Regional Court, which, by its ruling of September 2, 2025, approved the plan. The ruling on the Company’s restructuring plan entered into legal for ...