Friday, October 16, 2020

DC court has ruled that the replacement of OTF's board of directors by USAGM CEO Michael Pack was unauthorized and any action taken by the new board is invalid (Jessica Jerreat/Voice of America)

Jessica Jerreat / Voice of America:
DC court has ruled that the replacement of OTF's board of directors by USAGM CEO Michael Pack was unauthorized and any action taken by the new board is invalid  —  The Superior Court in Washington, D.C., has ruled that actions taken by the U.S. Agency for Global Media's chief executive …



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Meituan reports Q1 revenue up 5.6% YoY to ~$13.5B, above ~$13.4B est., and a ~$1B net loss, its third straight quarter of losses amid a food delivery price war (Tracy Qu/Wall Street Journal)

Tracy Qu / Wall Street Journal : Meituan reports Q1 revenue up 5.6% YoY to ~$13.5B, above ~$13.4B est., and a ~$1B net loss, its third st...