Corporate management

FILE - In this March 21, 2018, file photo member of the board of the German car manufacturer BMW, Oliver Zipse, attends the earnings press conference in Munich, Germany. On Thursday, July 18, 2019, BMW named its top production manager, Zipse, as its next CEO to lead the luxury automaker. (AP Photo/Matthias Schrader, File)
July 18, 2019 - 2:57 pm
FRANKFURT, Germany (AP) — BMW has named its top production manager, Oliver Zipse, as CEO to lead the luxury automaker through a shift to new ways of doing business such as electric vehicles and offering cars on a per-use basis. The company said Thursday that Zipse, 55, would succeed Harald Krueger...
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This undated artist rendering provided by Toys“R”Us shows an artist rendering of a new store, which will be about 6,500 square feet — a fraction of the brand's former big box stores, which were about 30,000 square feet. Richard Barry, a former Toys R Us executive and now CEO of the new company called Tru Kids Brands, said the company has entered a partnership with a startup called b8Ta, an experiential retailer to launch what Barry calls an interactive store experience based on a consignment model. Toy makers will pay for space in the stores but will get all the sales. (Courtesy of Toys“R”Us via AP)
July 18, 2019 - 9:52 am
NEW YORK (AP) — The first two new Toys R Us stores — one in Texas, the other in New Jersey — will open in November as part of a small comeback of the defunct iconic toy chain in the U.S. Richard Barry, a former Toys R Us executive and now CEO of the new company called Tru Kids Brands, says an...
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South Korean President Moon Jae-in, second from right, shakes hands with Hwang Kyo-ahn, the main opposition Liberty Korea Party chairman, during a meeting with ruling and opposition party leaders to talk about an ongoing South Korea-Japan trade conflict at the presidential Blue House in Seoul, South Korea, Thursday, July 18, 2019. (Bee Jae-man/Yonhap via AP)
July 18, 2019 - 9:22 am
SEOUL, South Korea (AP) — Setting aside their usual bickering, South Korean liberal and conservative parties on Thursday vowed to cooperate to help the Seoul government prevail in an escalating trade row with Japan. After a meeting between the parties' leaders and South Korean President Moon Jae-in...
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FILE - In this April 29, 2019, file photo, Paul Njoroge, who lost his wife and three young children in the March 10 crash of an Ethiopian Airlines' Boeing 737 Max 8 aircraft, speaks at a news conference in Chicago. Njoroge believes Boeing should scrap the 737 Max, and he wants the company’s top executives to resign and face criminal charges for not grounding the plane after a deadly accident last October. On Wednesday, July 17, Njoroge will be the first relative of any of the 346 passengers who died in those crashes to testify before Congress. (AP Photo/Teresa Crawford, File)
July 16, 2019 - 6:12 am
A man who lost his wife, mother-in-law and three young children in the crash of a 737 Max in Ethiopia says Boeing should scrap the plane and top executives should resign and face criminal charges. Paul Njoroge, who is due to testify before Congress in the U.S. on Wednesday, said in an interview...
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July 15, 2019 - 3:28 pm
BOISE, Idaho (AP) — Former Idaho Gov. C.L. "Butch" Otter has asked the Trump administration to investigate possible Chinese involvement in a mining company that could compete in Idaho with a Canadian-based company that tapped Otter to serve on its board of directors. The Idaho Statesman reports in...
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People walk past a Huawei retail store in Beijing, Sunday, June 30, 2019. Once again, Presidents Donald Trump and Xi Jinping have hit the reset button in trade talks between the world's two biggest economies, at least delaying an escalation in tension between the U.S. and China that had financial markets on edge and cast a cloud over the global economy. (AP Photo/Andy Wong)
July 12, 2019 - 7:01 am
SHENZHEN, China (AP) — The chairman of Huawei said Friday the Chinese tech giant has yet to see any benefit from President Donald Trump's promise to allow U.S. companies to sell some components to the company and called on Washington to remove it from a security blacklist. The "unjust and unfair"...
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FILE - In this Friday, April 26, 2019, file photo, National Rifle Association President Col. Oliver North speaks at the National Rifle Association Institute for Legislative Action Leadership Forum in Lucas Oil Stadium in Indianapolis. Former NRA President North says in court filings that he was thwarted at every step as he tried to raise alarm bells about alleged misspending at the gun lobbying group. He denied that he had tried to stage a coup to oust NRA’s longtime top executive. (AP Photo/Michael Conroy, File)
July 11, 2019 - 9:05 pm
Oliver North, the retired Marine who was pushed out as president of the National Rifle Association in a dispute within the gun-rights group, said in court documents filed Thursday that he was thwarted when he tried to raise alarm bells about alleged misspending and denied that he tried to oust the...
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July 05, 2019 - 5:51 am
FRANKFURT, Germany (AP) — BMW CEO Harald Krueger is stepping down in the wake of the luxury automaker's weakest earnings performance in years. The Germany company said Krueger, 53, would not seek an extension of his contract, which expires at the end of April 2020. It said the board of directors...
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FILE - In this March 28, 1990, file photo, Chrysler Corporation Chairman Lee Iacocca sits in a 1990 Dodge Viper sports car as the Chrysler in the 90's six city tour makes a visit to New York. Former Chrysler CEO Iacocca, who became a folk hero for rescuing the company in the '80s, has died, former colleagues said Tuesday, July 2, 2019. He was 94. (AP Photo/Osamu Honda, File)
July 03, 2019 - 5:08 am
DETROIT (AP) — Lee Iacocca, the auto executive and master pitchman who put the Mustang in Ford's lineup in the 1960s and became a corporate folk hero when he resurrected Chrysler 20 years later, has died in Bel Air, California. He was 94. Two former Chrysler executives who worked with him, Bud...
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June 30, 2019 - 8:47 am
HELSINKI (AP) — The Nordic region's largest financial group confirmed Sunday market speculations that it has begun looking for a successor to replace its current chief executive, who is retiring by the end of 2020. Nordea Bank said in a statement that president and CEO Casper von Koskull will turn...
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