WeightWatchers, a 62-year-old health and wellness company that has faced stiff competition from new weight-loss drugs and programs, filed for bankruptcy on Tuesday in an effort to reduce its debt by more than $1 billion while it expands its telehealth business. In its heyday, WeightWatchers shaped how millions of people in the United States and…
Urban Company files draft papers for IPO NEW DELHI: Urban Company has filed draft papers with the Securities and Exchange Board of India (Sebi) for an initial public offering (IPO) to raise Rs 1,900 crore. According to its Draft Red Herring Prospectus (DRHP), the IPO will comprise a fresh issue of shares worth Rs 429…
NEW DELHI: A Delhi court refused on Friday to issue notice to former Congress presidents Sonia Gandhi and Rahul Gandhi and others in the National Herald money-laundering case for now.The court of special judge (PC Act) Vishal Gogne of Rouse Avenue Courts was hearing an ED plea that claimed that cognisance of the chargesheet could…
Nainar Nagendran, a BJP legislator representing Tamil Nadu’s Tirunelveli constituency, and TN BJP chief Annamalai NEW DELHI: Nainar Nagendran, a BJP legislator representing Tamil Nadu’s Tirunelveli constituency, submitted his nomination papers on Friday for the party’s state president election. Nagendran, currently the state vice president, was formerly with the AIADMK. He became the first candidate…
Two days after a helicopter collided with a passenger jet in Washington in January, killing 67 people, Jo Ellis woke up to a flurry of text messages. Ms. Ellis, a 35-year-old helicopter pilot in the Virginia Army National Guard, learned from friends that her name and photos were all over social media. Users were falsely…
Representative image (Picture credit: ANI) NEW DELHI: The Central Bureau of Investigation (CBI) registered a case against a Senior Passport Superintendent at the Regional Passport Office in Ghaziabad, Uttar Pradesh on charges of possessing disproportionate assets. The accused official has been identified as Deepak Chandra.The CBI’ FIR alleges that Chandra amassed disproportionate assets worth Rs…
Former Minnesota State Senator Justin Eichorn’s wife filed for divorce after his arrest on a federal investigation. Eichorn was accused of trying to solicit sex from a minor girl. He was arrested by a detective who was posing as a 17-year-old girl online. Court documents state that Eichorn is representing himself in the ongoing divorce…
The genetic testing company 23andMe filed for bankruptcy protection on Sunday after months of uncertainty over its business model and mounting concerns about the security of the troves of customer data it holds. In a statement, 23andMe said it had filed for Chapter 11 bankruptcy to “facilitate a sale process to maximize the value of…
Previously classified documents related to the 1963 assassination of President John F. Kennedy were released on Tuesday following an order by President Donald Trump shortly after he took office. The documents were posted on the website of the U.S. National Archives and Records Administration. The vast majority of the National Archives’ collection of over 6…
Forever 21’s operator in the United States filed for bankruptcy on Sunday, as the apparel company, which helped popularize fast fashion in the United States, struggles to compete with online retailers. F21 OpCo, the operator, as well as some U.S. subsidiaries, filed for Chapter 11 bankruptcy in the Bankruptcy Court of Delaware, court documents show….