FTX advisors billed the bankrupt firm for a whopping $103M in Q1
After Sullivan & Cromwell, consulting firm Alvarez & Marsal billed the second largest amount for its finance and accounting work.
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FTX advisors billed the bankrupt firm for a whopping $103M in Q1
After Sullivan & Cromwell, consulting firm Alvarez & Marsal billed the second largest amount for its finance and accounting work.
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Lawyers picnic: FTX counsel and advisors rake in $34M in January
Millions have been invoiced from a host of law firms, investment bankers, consultants and financial advisers in FTX’s bankruptcy case.
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Volkswagen unveils ID.AERO concept that will provide the basis for 2023 flagship EV
Volkswagen unveils ID.AERO concept that will provide the basis for 2023 flagship EV
Volkswagen Group unveiled its ID.AERO concept in China on Monday — slated to serve as the inspiration behind the automaker’s flagship EV, and first-ever global all-electric sedan, next year. A version of the Volkswagen ID.AERO concept will go into production for the Chinese market in the second half of 2023. The automaker hasn’t announced a price but said the sedan will deliver an estimated range…
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The Station: Exits at Waymo and Bird’s SPAC reveals its scooter-nomics
The Station: Exits at Waymo and Bird’s SPAC reveals its scooter-nomics
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello and welcome back to The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in the future) from Point A to Point B. Here’s a crypto-meets-transportation story for you before we move onto the rest…
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Chip Shortage to Cost Automakers $110 Billion in Revenues in 2021: AlixPartners
Chip Shortage to Cost Automakers $110 Billion in Revenues in 2021: AlixPartners
The global semiconductor chip shortage will cost automakers $110 billion in lost revenues this year, up from a prior estimate of $61 billion, consulting firm AlixPartners said, as it forecast the crisis will hit the production of 3.9 million vehicles. The chip crunch has driven home the need for automakers to be “proactive” right now, and create “supply-chain resiliency” longer term to avoid…
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Growing Labor Issues Top Restaurant Industry Concerns Into 2020 Per AlixPartners survey
Growing Labor Issues Top Restaurant Industry Concerns Into 2020 Per AlixPartners survey. Read now at TotalFood.com:
59% of Americans (including 68% of millennials) support raising the minimum wage to $15 an hour, and financial concerns up dramatically as reasons for dining-out less oftenEven though to date the economy remains relatively strong, the chain-restaurant industry in the year ahead faces a consumer base that is starting to show signs of possible fatigue plus multidimensional labor issues made even…
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