Richard Clough

Los Angeles

Reporter at Bloomberg News

Industrials reporter for Bloomberg News.

Featured in: Favicon

bloomberg.com Favicon

bqprime.com Favicon

uol.com.br Favicon

msn.com

nature.com Favicon

indiatimes.com Favicon

independent.co.uk Favicon

time.com

yahoo.com (+4) Favicon

abc.net.au + 94 more

Articles

Harley-Davidson Investor Calls for CEO Ouster, Board Revamp

1 week ago | bloomberg.com | Richard Clough |Chester Dawson

Motorcycles on the showroom floor at a Harley-Davidson dealership in Louisville, Kentucky. (Bloomberg) -- One of the largest shareholders in Harley-Davidson Inc. called for the immediate removal of Chief Executive Officer Jochen Zeitz and two other board members, escalating a feud that has spilled into the public eye in recent weeks.
Helicopter Crashes in Hudson River, NY Police Department Says

1 week ago | bloomberg.com | Richard Clough

(Bloomberg) -- A helicopter has crashed in the Hudson River on the west side of Manhattan, according to the New York Police Department. The accident occurred in the vicinity of the West Side Highway and Spring Street, the department said Thursday in a social media post. More stories like this are available on bloomberg.com©2025 Bloomberg L.P.
Republic Airways to Take Over Troubled Mesa in Stock Deal (2)

2 weeks ago | news.bloombergtax.com | Richard Clough |Mary Schlangenstein

Regional airlines Republic Airways Holdings Inc. and Mesa Air Group Inc. agreed to combine in an all-stock deal that will bolster their operations in the face of sudden demand challenges across the air travel industry. Closely held Republic will own 88% of the merged company following the close, which is expected in the late third or early fourth quarter, according to a statement Monday.
Republic Airways to Take Over Troubled Mesa Air in Stock Deal

2 weeks ago | news.bloomberglaw.com | Richard Clough

Regional airlines Republic Airways Holdings Inc. and Mesa Air Group Inc. agreed to combine in an all-stock deal that will bolster their operations in the face of sudden demand challenges across the air travel industry. Closely held Republic will own 88% of the merged company following the close, which is expected in the late third or early fourth quarter, according to a statement Monday.
Volkswagen’s Top Owner Sees €20 Billion Loss in 2024

1 month ago | energyconnects.com | Richard Clough

Porsche Automobil Holding SE expects an after-tax loss of about €20 billion ($21.7 billion) for fiscal 2024 due to deteriorations in its investment holdings, underscoring the deep strains afflicting some of Europe’s top carmakers. The holding company, the biggest shareholder in Volkswagen AG, revealed a non-cash impairment of negative €19.9 billion on the carrying value of its investment in VW, close to the maximum of a previously released impairment range estimate.
Hong Kong Says US Package Shipments Halted on Tariff Uncertainty

2 months ago | bnnbloomberg.ca | Richard Clough

(Bloomberg) -- Supply Lines is a daily newsletter that tracks global trade. Sign up here. Hongkong Post won’t accept parcels to the US until further notice, according to a government statement, extending the fallout over tariffs that placed new requirements on international shipments. The postal department has started communication with the US Postal Service “but there are matters that require further clarification,” including over tariffs, according to the statement.
Hong Kong Says US Package Shipments Halted on Tariff Uncertainty

2 months ago | news.bloomberglaw.com | Richard Clough

Hongkong Post won’t accept parcels to the US until further notice, according to a government statement, extending the fallout over tariffs that placed new requirements on international shipments. The postal department has started communication with the US Postal Service “but there are matters that require further clarification,” including over tariffs, according to the statement.
US Postal Service Resumes Accepting Packages From China

2 months ago | ttnews.com | Richard Clough

Government Business Logistics February 5, 2025 8:52 AM, EST Temporary Suspension Came After Trump Tariff Action (Valerie Plesch/Bloomberg) [Stay on top of transportation news: Get TTNews in your inbox.] The U.S. Postal Service on Feb. 5 said it’s accepting “all international inbound mail and packages” from China and Hong Kong Posts, hours after the agency announced a halt on some shipments.
US Postal Service Says It’s Accepting China, Hong Kong Packages

2 months ago | yahoo.com | Richard Clough

(Bloomberg) -- The US Postal Service on Wednesday said it’s accepting “all international inbound mail and packages” from China and Hong Kong Posts, hours after the agency announced a halt on some shipments. • None New York’s First ‘Passive House’ School Is a Model of Downtown Density• None When French Communists Went on a Brutalist Building BoomThe acceptance of packages is effective Feb. 5, the postal service said in a statement.
Frontier Airlines Makes New Offer to Acquire Bankrupt Spirit Air

2 months ago | news.bloomberglaw.com | Richard Clough

The parent of Frontier Airlines made a new offer to combine with bankrupt Spirit Airlines Inc., renewing its pursuit of the struggling budget carrier after talks fell apart last year. Frontier Group Holdings Inc. met with members of Spirit’s board and management team in recent days to discuss the proposal, which would be supported by the issuance of new Frontier debt and stock, according to a statement Wednesday.