Corporate news

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June 03, 2019 - 5:24 pm
MIAMI (AP) — Carnival Corp. reached a settlement Monday with federal prosecutors in which the world's largest cruise line agreed to pay a $20 million penalty because its ships continued to pollute the oceans despite a previous criminal conviction aimed at curbing similar conduct. Senior U.S...
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Stephen Calk, center, leaves Federal court with his attorney Jeremy Margolis, left, Thursday, May 23, 2019, in New York. Calk charged in New York with issuing loans to win a role in President Donald Trump's administration has pleaded not guilty. (AP Photo/Mary Altaffer)
May 23, 2019 - 8:25 pm
NEW YORK (AP) — A banker who prosecutors say tried to buy himself a senior post in President Donald Trump's administration by making risky loans to former Trump campaign chairman Paul Manafort pleaded not guilty Thursday to a financial institution bribery charge as his lawyer said he's done nothing...
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Investors chat as they monitor stock prices at a brokerage house in Beijing, Wednesday, May 22, 2019. Shares edged in Asia on Wednesday after a rebound in technology stocks helped power an overnight rally on Wall Street. (AP Photo/Andy Wong)
May 22, 2019 - 3:55 am
BANGKOK (AP) — World shares were mixed Wednesday after a rebound in technology stocks helped power an overnight rally on Wall Street. After a day of modest gains in Asia, Britain's FTSE 100 rose 0.4% to 7,360.41, while the DAX in Germany edged 0.1% higher to 12,152.04. The CAC 40 in France slipped...
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FILE - In this Jan. 14, 2018, file photo Ford President and CEO Jim Hackett prepares to address the media at the North American International Auto Show in Detroit. Ford is cutting about 7,000 white-collar jobs, which would make up 10% of its global workforce. The company has said it was undertaking a major restructuring, and on Monday, May 20, 2019, said that it will have trimmed thousands of jobs by August. In a memo to employees, Monday, Hackett said the fourth wave of the restructuring will start on Tuesday, May 21 with the majority of cuts being finished by May 24. (AP Photo/Carlos Osorio, File)
May 20, 2019 - 9:03 pm
DETROIT (AP) — Ford revealed details of its long-awaited restructuring plan Monday as it prepared for a future of electric and autonomous vehicles by parting ways with 7,000 white-collar workers worldwide, about 10% of its global salaried workforce. The major revamp, which had been under way since...
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People stand by an electronic stock board of a securities firm in Tokyo, Monday, May 20, 2019. Shares are mixed in Asia, with India and Australia leading gains following elections that look set to keep incumbents in office. (AP Photo/Koji Sasahara)
May 20, 2019 - 5:57 am
BANGKOK (AP) — Shares declined in Europe on Monday after a mixed day in Asia in the absence of positive updates on the trade standoff between the U.S. and China. Britain's FTSE 100 lost 0.7% at 7,297.67 while Germany's DAX declined 1.2% to 12,091.38. The CAC 40 in France shed 1.2% to 5,374.14. Wall...
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FILE - In this Thursday, March 7, 2019 file photo, the Texas state flag files outside the Huawei Technologies Ltd. business location in Plano, Texas. President Donald Trump issued an executive order Wednesday, May 15, 2019, apparently aimed at banning equipment from Chinese telecommunications giant Huawei from U.S. networks. It does not name specific countries or companies and gives the Department of Commerce 150 days to come up with regulations. (AP Photo/Tony Gutierrez, File)
May 15, 2019 - 8:34 pm
President Donald Trump issued an executive order Wednesday apparently aimed at banning equipment from Chinese telecommunications giant Huawei from U.S. networks. It declares a national economic emergency that empowers the government to ban the technology and services of "foreign adversaries" deemed...
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FILE - In this Feb. 24, 2019, file photo, containers of Roundup are displayed on a store shelf in San Francisco. A Northern California jury ordered agribusiness giant Monsanto Co. to pay a combined $2.05 billion to a couple who claimed the company's popular weed killer Roundup Ready caused their cancers. The Oakland jury on Monday, May 13, 2019, delivered Monsanto's third such loss in California since August. Alva and Alberta Pilliod claimed they used Roundup for more than 30 years to landscape. They were both diagnosed with non-Hodgkin's lymphoma. Monsanto owner Bayer said it would appeal. (AP Photo/Haven Daley, File)
May 13, 2019 - 9:41 pm
SAN FRANCISCO (AP) — A jury on Monday ordered agribusiness giant Monsanto Co. to pay a combined $2.055 billion to a couple claiming that the company's popular weed killer Roundup Ready caused their cancers. The jury's verdict is the third such courtroom loss for Monsanto in California since August...
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Fire and police crew members work to clear the scene where a construction crane fell from a building on Google's new Seattle campus crashing down onto one of the city's busiest streets and killing multiple people on Saturday, April 27, 2019. (AP Photo/Frank Kuin)
April 28, 2019 - 3:53 pm
SEATTLE (AP) — A college freshman was among the four people killed when a construction crane fell from a building and crashed onto one of Seattle's busiest streets, the university said Sunday. Sarah Wong, who intended to major in nursing, was in a car when the crane fell from a building under...
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Former Rochester Drug Co-Operative CEO Laurence Doud III stands outside US. District Court in Manhattan, Tuesday, April 23, 2019, in New York. Prosecutors allege Doud ignored red flags to turn his drug distributor into a supplier of last resort as the opioid crisis raged. (AP Photo/Kathy Willens)
April 23, 2019 - 5:55 pm
NEW YORK (AP) — The pharmaceutical industry executive hit Tuesday with criminal charges stemming from the opioid crisis doesn't have his name on a museum wing, and his company isn't within earshot of Apple or anyone else on the Fortune 500. Even his $1.5 million paycheck was a paltry sum compared...
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The Sylphy Zero Emission, an all-electric model designed for China is displayed at the Nissan booth during the Auto Shanghai 2019 show in Shanghai on Tuesday, April 16, 2019. Automakers are showcasing electric SUVs and sedans with more driving range and luxury features at the Shanghai auto show, trying to appeal to Chinese buyers in their biggest market as Beijing slashes subsidies that have propelled demand. (AP Photo/Ng Han Guan)
April 16, 2019 - 1:46 am
SHANGHAI (AP) — Automakers are showcasing electric SUVs and sedans with more driving range and luxury features at the Shanghai auto show, trying to appeal to Chinese buyers in their biggest market as Beijing slashes subsidies that have propelled demand. Communist leaders wanting China to lead in...
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