The Houston-based natural-gas pipeline company filed for bankruptcy voluntarily in the U.S. Bankruptcy Court in Wilmington, Del. Ruby, directly owned by Ruby Investment Company LLC, listed assets and liabilities of as much as $1 billion each, according to the court filing.
Amazon Union Tallies Near Finish, With Close Votes in New York, Alabama
Unionization votes for Amazon.com Inc. workers in two states drew nearer to conclusion Thursday, with the tally at an Alabama warehouse close enough to require a hearing while labor organizers were narrowly leading the contest at another facility in New York.
Out of more than 2,000 votes counted in Alabama, including contested ballots, about 43% voted against unionization, with about 38% voting for a union. The remaining ballots are contested and will be reviewed in a hearing, according to the National Labor Relations Board.
GameStop Shares Jump 15% on Stock-Split Request
GameStop Corp. said it would request shareholder approval at its annual meeting for an increase in the number of shares of the videogame retailer to enable a stock split.
The company said the request would increase the number of authorized shares of common stock to 1 billion from 300 million. It had 76.34 million shares outstanding as of March 11.
JCPenney’s CEO Is Done Chasing New Customers. ‘We Are Loving Those Who Love Us.’
JCPenney’s new chief executive isn’t trying to win new customers or court…
